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

 

 

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 fluctuates near 1.0700 after US data

EUR/USD fluctuates near 1.0700 after US data

EUR/USD stays in a consolidation phase at around 1.0700 in the American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.

EUR/USD News

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom

USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Gold keeps consolidating ahead of US first-tier figures

Gold keeps consolidating ahead of US first-tier figures

Gold finds it difficult to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to turn north.

Gold News

Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium

Worldcoin looks set for comeback despite Nvidia’s 22% crash

Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.

Read more

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium

Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out

While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures