EUR/USD technical analysis: Euro ends the week on its high challenging 1.1210 resistance


EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). Thursday the market hit a new 2019 low but the fall was short-lived as EUR/USD is having a recovery.

EUR/USD 4-hour chart

EUR/USD is putting the 1.1210 resistance and the 200 SMA to the test.

EUR/USD 30-minute chart

EUR/USD is ending the week on its high. If bulls break beyond the 1.1210 level then 1.1240 and 1.1270 resistances can become the next bull targets. Support is at 1.1180/60 and 1.1140 levels.

Additional key levels

EUR/USD

Overview
Today last price 1.1208
Today Daily Change 0.0028
Today Daily Change % 0.25
Today daily open 1.118
 
Trends
Daily SMA20 1.1189
Daily SMA50 1.1235
Daily SMA100 1.1301
Daily SMA200 1.1391
Levels
Previous Daily High 1.1188
Previous Daily Low 1.1107
Previous Weekly High 1.1264
Previous Weekly Low 1.1154
Previous Monthly High 1.1326
Previous Monthly Low 1.1111
Daily Fibonacci 38.2% 1.1157
Daily Fibonacci 61.8% 1.1138
Daily Pivot Point S1 1.1129
Daily Pivot Point S2 1.1077
Daily Pivot Point S3 1.1047
Daily Pivot Point R1 1.121
Daily Pivot Point R2 1.124
Daily Pivot Point R3 1.1292

 

 

Share: Feed news

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


Recommended content

Editors’ Picks

EUR/USD clings to daily gains above 1.0650

EUR/USD clings to daily gains above 1.0650

EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.

EUR/USD News

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.

GBP/USD News

Gold holds steady at around $2,380 following earlier spike

Gold holds steady at around $2,380 following earlier spike

Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.

Gold News

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in

Bitcoin price shows no signs of directional bias while it holds above  $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research. 

Read more

Week ahead – US GDP and BoJ decision on top of next week’s agenda

Week ahead – US GDP and BoJ decision on top of next week’s agenda

US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.

Read more

Forex MAJORS

Cryptocurrencies

Signatures