EUR/USD Technical Analysis: Euro currently supported near the 1.1400 figure

Flavio Tosti Independent Analyst

EUR/USD Daily chart

EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMAs).
EUR/USD is finding some mild support at the 50 SMA.
Investors must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal at 19.00 GMT this Wednesday.

EUR/USD 4-hour chart

EUR/USD is trading just below the 200 SMA.

EUR/USD 30-minute chart

After Tuesday’s drop EUR/USD is set to remain in a tight range on Wednesday as bears will try to break below 1.1380 and bulls will attempt a break of the 1.1420 resistance.
Caution is advised as Brexit-related news can indirectly affect EUR/USD.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1396
    Today Daily change: -17 pips
    Today Daily change %: -0.149%
    Today Daily Open: 1.1413
Trends:
    Previous Daily SMA20: 1.1432
    Previous Daily SMA50: 1.1385
    Previous Daily SMA100: 1.1471
    Previous Daily SMA200: 1.1619
Levels:
    Previous Daily High: 1.1491
    Previous Daily Low: 1.1382
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1424
    Previous Daily Fibonacci 61.8%: 1.145
    Previous Daily Pivot Point S1: 1.1366
    Previous Daily Pivot Point S2: 1.1319
    Previous Daily Pivot Point S3: 1.1257
    Previous Daily Pivot Point R1: 1.1476
    Previous Daily Pivot Point R2: 1.1538
    Previous Daily Pivot Point R3: 1.1585

Author

Flavio Tosti

Independent Analyst

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