EUR/USD technical analysis: Euro hovering near weekly lows, sub-1.1160 level


  • EUR/USD is trading at weekly lows below the critical 1.1160 level.
  • The level to beat for bears is the 1.1136 support. 
 

EUR/USD daily chart

 
On the daily time-frame, the single currency is trading in a bear trend below its main daily simple moving averages (DSMAs). 

 

EUR/USD 4-hour chart

 
After six days of consolidation, EUR/USD finally broke below the 1.1160 support and the 100 SMA. The market reached the 1.1136 support, which becomes the level to beat for bears. The next supports on the way down are seen at the 1.1107, 1.1084 and 1.1061 levels.
 

EUR/USD 30-minute chart

 
The market is under bearish pressure below its main SMAs. Immediate resistances are seen at the 1.1160 and 1.1200 levels, according to the Technical Confluences Indicator
 
  

Additional key levels

EUR/USD

Overview
Today last price 1.1144
Today Daily Change -0.0028
Today Daily Change % -0.25
Today daily open 1.1172
 
Trends
Daily SMA20 1.1172
Daily SMA50 1.1238
Daily SMA100 1.1224
Daily SMA200 1.1295
Levels
Previous Daily High 1.1229
Previous Daily Low 1.117
Previous Weekly High 1.1251
Previous Weekly Low 1.1104
Previous Monthly High 1.1373
Previous Monthly Low 1.106
Daily Fibonacci 38.2% 1.1193
Daily Fibonacci 61.8% 1.1207
Daily Pivot Point S1 1.1151
Daily Pivot Point S2 1.1131
Daily Pivot Point S3 1.1092
Daily Pivot Point R1 1.1211
Daily Pivot Point R2 1.125
Daily Pivot Point R3 1.127

 

 

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