EUR/USD Technical Analysis: Euro under pressure below 1.1400 figure

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

EUR/USD is trading above its main SMAs suggesting bullish momentum in the medium-term.

EUR/USD 30-minute chart

EUR/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase in the short-term.
Resistance is at 1.1390 and 1.1420.
Support is at 1.1370, 1.1350 and 1.1330 level.

Additional key levels

EUR/USD

Overview
Today last price	1.1374
Today Daily Change	-0.0040
Today Daily Change %	-0.35
Today daily open	1.1414

Trends
Daily SMA20	1.1325
Daily SMA50	1.1358
Daily SMA100	1.137
Daily SMA200	1.1481

Levels
Previous Daily High	1.1448
Previous Daily Low	1.1336
Previous Weekly High	1.1346
Previous Weekly Low	1.1222
Previous Monthly High	1.1489
Previous Monthly Low	1.1234
Daily Fibonacci 38.2%	1.1405
Daily Fibonacci 61.8%	1.1379
Daily Pivot Point S1	1.1351
Daily Pivot Point S2	1.1287
Daily Pivot Point S3	1.1238
Daily Pivot Point R1	1.1464
Daily Pivot Point R2	1.1512
Daily Pivot Point R3	1.1576

Author

Flavio Tosti

Independent Analyst

EUR/USD stays well offered below 1.1800

The selling pressure on EUR/USD is picking up pace, with the pair slipping decisively below the key 1.1800 level and sliding to fresh two week lows as Wednesday’s session draws to a close. The move lower comes as the US Dollar finds renewed strength after the latest round of US data and the release of the FOMC Minutes. Next of note on the docket will be the US weekly Initial Jobless Claims.

GBP/USD reaches multi-day lows near 1.3500

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