EUR/USD Technical Analysis: Further decline expected to test 2018 low at 1.1215

  • EUR/USD managed to gather some traction following yesterday’s YTD lows in the 1.1260/55 band, retaking the 1.1300 handle and above although losing vigour in the boundaries of 1.1340 so far.
  • This area of resistance is also reinforced by the critical 200-week SMA in the 1.1330 region.
  • A more serious bullish attempt should retake the 100-day SMA at 1.1416, while the short-term resistance line at 1.1496 emerges as the next relevant hurdle.

EUR/USD daily chart


    Today Last Price: 1.132
    Today Daily change: 28 pips
    Today Daily change %: -0.11%
    Today Daily Open: 1.1332
    Daily SMA20: 1.1386
    Daily SMA50: 1.1398
    Daily SMA100: 1.1416
    Daily SMA200: 1.1538
    Previous Daily High: 1.1342
    Previous Daily Low: 1.1258
    Previous Weekly High: 1.1462
    Previous Weekly Low: 1.132
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1309
    Daily Fibonacci 61.8%: 1.129
    Daily Pivot Point S1: 1.1279
    Daily Pivot Point S2: 1.1226
    Daily Pivot Point S3: 1.1195
    Daily Pivot Point R1: 1.1363
    Daily Pivot Point R2: 1.1394
    Daily Pivot Point R3: 1.1447


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.