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EUR/USD Technical Analysis: Euro is weakening as bears are en route towards the 1.1400 figure

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). 
  • EUR/USD bears are trading just below the 1.1500 figure and the 100 SMA.

EUR/USD 4-hour chart

  • EUR/USD is trading above the main SMAs.

EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs as bears are trying to break below the 1.1450 level.
  • A break below the current support would open the doors to 1.1400 the figure.
  • Resistance is seen at the 1.1480 and 1.1500 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.146
    Today Daily change: -3.0 pips
    Today Daily change %: -0.0262%
    Today Daily Open: 1.1463
Trends:
    Previous Daily SMA20: 1.1423
    Previous Daily SMA50: 1.1384
    Previous Daily SMA100: 1.1476
    Previous Daily SMA200: 1.1627
Levels:
    Previous Daily High: 1.1541
    Previous Daily Low: 1.1458
    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%: 1.1489
    Previous Daily Fibonacci 61.8%: 1.1509
    Previous Daily Pivot Point S1: 1.1434
    Previous Daily Pivot Point S2: 1.1404
    Previous Daily Pivot Point S3: 1.1351
    Previous Daily Pivot Point R1: 1.1516
    Previous Daily Pivot Point R2: 1.157
    Previous Daily Pivot Point R3: 1.1599

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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