EUR/USD Technical Analysis: Room for a move to 2019 lows near 1.1020


  • EUR/USD is struggling for direction in the lower bound of the weekly range near 1.1070.
  • Occasional bullish attempts are expected to fail in the 1.1141/45 band, where are located the 21-day and 10-day SMAs.
  • While below the 55-day SMA at 1.1224, a deeper pullback to, initially 2019 lows at 1.1026 remains well on the table.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1078
Today Daily Change 17
Today Daily Change % 0.00
Today daily open 1.1078
 
Trends
Daily SMA20 1.1146
Daily SMA50 1.1223
Daily SMA100 1.1219
Daily SMA200 1.129
Levels
Previous Daily High 1.1114
Previous Daily Low 1.1076
Previous Weekly High 1.1232
Previous Weekly Low 1.1066
Previous Monthly High 1.1373
Previous Monthly Low 1.106
Daily Fibonacci 38.2% 1.1091
Daily Fibonacci 61.8% 1.1099
Daily Pivot Point S1 1.1065
Daily Pivot Point S2 1.1052
Daily Pivot Point S3 1.1027
Daily Pivot Point R1 1.1103
Daily Pivot Point R2 1.1127
Daily Pivot Point R3 1.114

 

 

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.

Feed news

Latest Forex News

Editors’ Picks

Euro rolling into the Asian session below the 1.1050 level

The shared currency, on the daily chart, is trading in a bear trend below the main DSMAs. The Euro has been in a trading range over the last two weeks as the market participants are waiting for a catalyst.

EUR/USD News

GBP/USD: 3-week-old resistance-line questions 100-DMA breakout

Successful trading beyond 100-day simple moving average (DMA) fails to lend much strength to the GBP/USD pair as it struggles around 1.2520 during Friday morning. A rising trend-line since August-end, seems to challenge buyers.

GBP/USD News

USD/JPY stays in negative territory near 108 despite rising US stocks

The USD/JPY pair rose to its highest level since early August at 108.48 during the American trading hours on Wednesday after the Federal Reserve refrained from giving any hints regarding the next policy move despite announcing a 25 basis points rate cut.

USD/JPY News

Gold consolidating at technical levels awaiting next catalyst

Precious metals were higher on Thursday. Gold prices climbed from $1,489.13 to $1,504.60. The gold ratio travelled between 83.87 and 84.66 with a bullish bias as the yellow metal surges on. 

Gold News

The Federal Reserve Keeps its Options Open

The Federal Reserve’s two rate cuts in as many months have satisfied market expectations for action and will give the governors time to determine if a full reduction cycle is warranted.

Read more

Forex MAJORS

Cryptocurrencies

Signatures