EUR/USD technical analysis: Fiber ending the day on its low near 1.1180 - USD strength is the main driver


EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). Better-than-expected US housing data and corporate earnings along with higher US bond yields are helping USD to gain some traction and sending EUR/USD down to 1.1180.


EUR/USD 4-hour chart

EUR/USD remains stuck in the infamous 1.1180-1.1200 range of the last weeks and below its 200 SMA. 

EUR/USD 30-minute chart

The market is trading below its main SMAs suggesting a bearish bias in the short term. Bears are challenging the 1.1180 support. A sustained break below the level can see a move to 1.1140 and 1.1110 to the downside. Resistance is seen at 1.1220 and 1.1245 levels.


Additional key levels

EUR/USD

Overview
Today last price 1.1174
Today Daily Change -0.0030
Today Daily Change % -0.27
Today daily open 1.1204
 
Trends
Daily SMA20 1.1201
Daily SMA50 1.1246
Daily SMA100 1.1316
Daily SMA200 1.1398
Levels
Previous Daily High 1.1226
Previous Daily Low 1.1178
Previous Weekly High 1.1254
Previous Weekly Low 1.1166
Previous Monthly High 1.1326
Previous Monthly Low 1.1111
Daily Fibonacci 38.2% 1.1196
Daily Fibonacci 61.8% 1.1207
Daily Pivot Point S1 1.1179
Daily Pivot Point S2 1.1155
Daily Pivot Point S3 1.1132
Daily Pivot Point R1 1.1227
Daily Pivot Point R2 1.125
Daily Pivot Point R3 1.1274

 

 

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