EUR/USD technical analysis: Euro rolling into the Asian session below 1.1260


  • EUR/USD is consolidating below the 1.1260 resistance. 
  • On the way down, the level to beat for sellers is 1.1245 and 1.1220.

EUR/USD daily chart

 
EUR/USD is in a bear trend below the 1.1300 mark. The market is trading just below the 100 SMA.

EUR/USD 4-hour chart

EUR/USD is declining from the 1.1273 resistance and the 200 SMA as the bears are trying to retake control of the market. On the way up, the main resistances are seen near 1.1320 and 1.1355 according to the Technical Confluences Indicator.


EUR/USD 30-minute chart

EUR/USD is consolidating below 1.1260 and the 50 SMA. The level to beat for bears is 1.1245 followed by 1.1220 according to the Technical Confluences Indicator.

Additional key levels

EUR/USD

Overview
Today last price 1.1252
Today Daily Change 0.0001
Today Daily Change % 0.01
Today daily open 1.1251
 
Trends
Daily SMA20 1.1286
Daily SMA50 1.1227
Daily SMA100 1.1261
Daily SMA200 1.1345
Levels
Previous Daily High 1.1264
Previous Daily Low 1.1202
Previous Weekly High 1.1373
Previous Weekly Low 1.1207
Previous Monthly High 1.1414
Previous Monthly Low 1.116
Daily Fibonacci 38.2% 1.124
Daily Fibonacci 61.8% 1.1226
Daily Pivot Point S1 1.1213
Daily Pivot Point S2 1.1176
Daily Pivot Point S3 1.115
Daily Pivot Point R1 1.1276
Daily Pivot Point R2 1.1302
Daily Pivot Point R3 1.1339

 

 

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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!


Latest Forex News

Editors’ Picks

EUR/USD chops around amid end-of-month flows, ahead of Trump

EUR/USD is battling 1.11, close to the two-month highs amid choppy trading. Hopes for a fiscal boost in Europe and mixed satisfactory data have supported the currency pair. , Sino-American tensions are rising and investors await President Trump's China announcement.

EUR/USD News

GBP/USD advances amid US dollar weakness, shrugging off concerns

GBP/USD is trading above 1.23, edging higher amid US dollar weakness and Britain's gradual reopening. Intensifying Sino-American tensions and the Brexit impasse are ignored. 

GBP/USD News

Cryptocurrencies: $348M in matured derivatives boost the market

Futures and options contracts' expiration brings a wave of volatility to the crypto market. Ethereum takes advantage and attacks resistances in the market dominance chart, Bitcoin goes back. Ripple disappoints despite regaining the third place in market capitalization.

Read more

Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

The Canadian economy squeezed by an annualized rate of 8.2% in the first quarter of 2020, better than -10% expected. Quarterly, Gross Domestic Product (GDP) squeezed by 2.1%. Most of the downfall occurred in March, with a drop of 7.2%, better than 8.5% projected. 

Read more

WTI drops 4% and eyes $32 mark amid risk-off, weakening demand

The selling pressure around WTI (July futures on Nymex) accelerates following the break below the 33 level, as bears now target the 32 support zone heading into the key US macro data and US President Donald Trump’s response to the Hong Kong issue.

Oil News

Forex MAJORS

Cryptocurrencies

Signatures