EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 200-day simple moving averages (SMAs).
- The US nonfarm payrolls exceeded expectations with 304K vs. 165K forecast.
- However, the price action on EUR/USD is mixed as investors are undecided where to go next.
EUR/USD 4-hour chart
- EUR/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading near the daily highs after the release of the NFP.
- EUR/USD is above its main SMAs suggesting a slight bullish bias. The level to beat for bulls is 1.1500 figure.
- To the downside, bears will be looking at the 1.1440, 1.1400 and 1.1350 level.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1474
Today Daily change: +29 pips
Today Daily change %: 0.25%
Today Daily Open: 1.1445
Trends:
Daily SMA20: 1.1424
Daily SMA50: 1.1394
Daily SMA100: 1.1444
Daily SMA200: 1.1564
Levels:
Previous Daily High: 1.1516
Previous Daily Low: 1.1436
Previous Weekly High: 1.1418
Previous Weekly Low: 1.1289
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1466
Daily Fibonacci 61.8%: 1.1485
Daily Pivot Point S1: 1.1415
Daily Pivot Point S2: 1.1386
Daily Pivot Point S3: 1.1336
Daily Pivot Point R1: 1.1495
Daily Pivot Point R2: 1.1545
Daily Pivot Point R3: 1.1575
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
EUR/USD trades above 1.0700 after EU inflation data
EUR/USD regained its traction and climbed above 1.0700 in the European session. Eurostat reported that the annual Core HICP inflation edged lower to 2.7% in April from 2.9% in March. This reading came in above the market expectation of 2.6% and supported the Euro.
GBP/USD recovers to 1.2550 despite US Dollar strength
GBP/USD is recovering losses to trade near 1.2550 in the European session on Tuesday. The pair rebounds despite a cautious risk tone and broad US Dollar strength. The focus now stays on the mid-tier US data amid a data-light UK docket.
Gold price remains depressed near $2,320 amid stronger USD, ahead of US macro data
Gold price (XAU/USD) remains depressed heading into the European session on Tuesday and is currently placed near the lower end of its daily range, just above the $2,320 level.
XRP hovers above $0.51 as Ripple motion to strike new expert materials receives SEC response
Ripple (XRP) trades broadly sideways on Tuesday after closing above $0.51 on Monday as the payment firm’s legal battle against the US Securities and Exchange Commission (SEC) persists.
Mixed earnings for Europe as battle against inflation in UK takes step forward
Corporate updates are dominating this morning after HSBC’s earnings report contained the surprise news that its CEO is stepping down after 5 years in the job. However, HSBC’s share price is rising this morning and is higher by nearly 2%.