EUR/USD Technical Analysis: Fiber on the back foot after US CPI and ECB


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 below its 100 and 200 SMAs suggesting a bearish bias in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD rejected 1.1300 resistance as the market is about to test the 1.1250 support.
  • A break below 1.1250 can lead to a decline to 1.1220 support.
  • Resistance is at 1.1280 and 1.1330 level.
     


Additional key levels

EUR/USD

Overview
Today last price 1.1256
Today Daily Change -0.0006
Today Daily Change % -0.05
Today daily open 1.1262
 
Trends
Daily SMA20 1.1281
Daily SMA50 1.1316
Daily SMA100 1.1354
Daily SMA200 1.1456
Levels
Previous Daily High 1.1286
Previous Daily Low 1.1255
Previous Weekly High 1.1256
Previous Weekly Low 1.1184
Previous Monthly High 1.1448
Previous Monthly Low 1.1176
Daily Fibonacci 38.2% 1.1274
Daily Fibonacci 61.8% 1.1267
Daily Pivot Point S1 1.1249
Daily Pivot Point S2 1.1237
Daily Pivot Point S3 1.1219
Daily Pivot Point R1 1.128
Daily Pivot Point R2 1.1298
Daily Pivot Point R3 1.131

 

 

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