EUR/USD Technical Analysis: Euro challenges the 1.1400 figure on USD weakness

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below the 200-period simple moving average (SMA).
EUR/USD is challenging the 1.1400 figure as it is now trading above the 50 SMA.

EUR/USD 4-hour chart

EUR/USD is testing the 100 SMA.

EUR/USD 30-minute chart

EUR/USD is trading at session’s highs as it is challenging the 100 SMA.
Bulls would need to sustain prices above 1.1400 in order to reach the 1.1440 and 1.1470 levels.
On the flip side, bears would likely target the 1.1340 and 1.1300 levels.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1403
    Today Daily change: 57 pips
    Today Daily change %: 0.502%
    Today Daily Open: 1.1346
Trends:
    Previous Daily SMA20: 1.1387
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1657
Levels:
    Previous Daily High: 1.152
    Previous Daily Low: 1.1325
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1399
    Previous Daily Fibonacci 61.8%: 1.1445
    Previous Daily Pivot Point S1: 1.1274
    Previous Daily Pivot Point S2: 1.1202
    Previous Daily Pivot Point S3: 1.108
    Previous Daily Pivot Point R1: 1.1468
    Previous Daily Pivot Point R2: 1.1591
    Previous Daily Pivot Point R3: 1.1663

Author

Flavio Tosti

Independent Analyst

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