EUR/USD Technical Analysis: Bears driving the market towards daily lows


EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD is trading above the main SMAs suggesting a bullish bias in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD is trading below the 50 and 100 SMAs suggesting a correction down in the short-term.
  • The current break below 1.1300 should lead to 1.1280 and 1.1250 to the downside.
  • Key resistance is at 1.1330 followed by 1.1360 level.

Additional key levels

EUR/USD

Overview
Today last price 1.1291
Today Daily Change -0.0013
Today Daily Change % -0.12
Today daily open 1.1304
 
Trends
Daily SMA20 1.1273
Daily SMA50 1.1302
Daily SMA100 1.135
Daily SMA200 1.1447
Levels
Previous Daily High 1.1322
Previous Daily Low 1.1298
Previous Weekly High 1.1326
Previous Weekly Low 1.1213
Previous Monthly High 1.1448
Previous Monthly Low 1.1176
Daily Fibonacci 38.2% 1.1307
Daily Fibonacci 61.8% 1.1312
Daily Pivot Point S1 1.1293
Daily Pivot Point S2 1.1284
Daily Pivot Point S3 1.1269
Daily Pivot Point R1 1.1317
Daily Pivot Point R2 1.1331
Daily Pivot Point R3 1.1341

 

 

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Feed news

Editors’ Picks

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Gold refreshes session tops, lacks follow-through ahead of FOMC minutes

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Editors' pick

EUR/USD advances within range, waits for FOMC Minutes

The EUR/USD pair is modestly up daily basis, trading around 1.1170, as the dollar eases on caution ahead of FOMC Meeting's Minutes. Risk aversion hit back early London, Wall Street plummeting ahead of the opening.

EUR/USD News

GBP/USD: reports suggest UK PM May could resign tonight

GBP/USD is bouncing from its daily low of 1.1623, following news indicating that the UK Prime Minister would resign before the day is over, following an early cabinet coup and multiple backs and forth around it.

GBP/USD News

USD/JPY: risk aversion returns ahead of FOMC Minutes

US government studying blacklisting Chinese surveillance tech firms. FOMC Meeting's Minutes not expected to offer fresh clues on monetary policy.

USD/JPY News

A 30% pullback is a great chance to collect Bitcoins, BTC/USD targets $5,500

ETH/BTC leads the way in the event of falls. Neutral strategies are also possible for the more conservative. This game is the favorite of the applicants for "whale."

Read more

Gold refreshes session tops, lacks follow-through ahead of FOMC minutes

Gold finally broke out of its daily consolidative range and was now seen building on the overnight goodish bounce from two-week lows.

Gold News

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