EUR/USD technical analysis: Euro rolling into the Asian session near one-month lows

EUR/USD is entering the Asian session under heavy pressure, nearing the 1.1000 handle.
The level to beat for bears is the 1.0995 support level.

Flavio Tosti Independent Analyst

EUR/USD daily chart

The Fiber, on the daily chart, is trading in a downtrend below its main daily simple moving averages (DMAs). The Fiber was week on the second day of the week.

EUR/USD four-hour chart

The market broke below the 1.1016 support level which can lead to an extension of the bearish move towards 1.0995, 1.0965 and 1.0920 support levels, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart

EUR/USD is trading below its main SMAs, suggesting a bearish momentum in the near term. Resistance can be seen at the 1.1016, 1.1033, 1.1056 and 1.1079 price levels, according to the Technical Confluences Indicator.

Additional key levels

EUR/USD

Overview
Today last price	1.101
Today Daily Change	-0.0022
Today Daily Change %	-0.20
Today daily open	1.1032

Trends
Daily SMA20	1.1102
Daily SMA50	1.1042
Daily SMA100	1.1111
Daily SMA200	1.1186

Levels
Previous Daily High	1.1044
Previous Daily Low	1.1016
Previous Weekly High	1.1176
Previous Weekly Low	1.1016
Previous Monthly High	1.118
Previous Monthly Low	1.0879
Daily Fibonacci 38.2%	1.1034
Daily Fibonacci 61.8%	1.1027
Daily Pivot Point S1	1.1018
Daily Pivot Point S2	1.1003
Daily Pivot Point S3	1.099
Daily Pivot Point R1	1.1046
Daily Pivot Point R2	1.1059
Daily Pivot Point R3	1.1074

Author

Flavio Tosti

Independent Analyst

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