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

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD recovers post-Fed losses, awaits data

EUR/USD is trading close to 1.1050, up from the lows it fell to on Wednesday after the Fed cut rates but signaled no new moves are imminent. Markets are digesting the decision and eyeing several US figures.

EUR/USD News

GBP/USD stabilizes below 1.25 after mixed retail sales, ahead of the BOE

GBP/USD is trading below 1.25, consolidating its losses after the US Fed cut rates as expected and indicated a pause. UK retail sales missed expectations but saw upward revisions. The BOE is set to leave rates unchanged. 

GBP/USD News

USD/JPY keeps losses below 108.00 as BOJ disappoints the doves

USD/JPY keeps the losses below 108.00, as the Japanese Yen remains on the front foot in reaction to the Bank of Japan's (BOJ) status-quo that came in as a disappointment for the doves. 

USD/JPY News

Gold: Indecisive market, focus on today's close

Gold is currently trading at $1,480 per Oz, representing 0.21% drop on the day. On Wednesday, the yellow metal witnessed two-way business before ending the day with moderate losses at $1,494.

Gold News

Top 3 price prediction Bitcoin, Ripple, Ethereum: BTC looks for volatility and shakes the bullish trend

The price drop in Bitcoin is intended to gain space to attack resistance levels. Ethereum continues to outperform  Bitcoin and ensures upward continuity. XRP is being sold to capitalize profits above 20%.

Read more

Forex MAJORS

Cryptocurrencies

Signatures