EUR/USD Technical Analysis: Small dip to 1.1290 level

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).

EUR/USD 4-hour chart

EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term.

EUR/USD 30-minute chart

EUR/USD is trading below its main SMAs suggesting bearish momentum in the short-term.
1.1290 is a key support and if broken the next significant level becomes the 1.1240 level.
The intraday bear move might be over and bulls can target 1.1310, 1.1350 and 1.1400 figure which can be reached in the coming days.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1296
    Today Daily change: -46 pips
    Today Daily change %: -0.41%
    Today Daily Open: 1.1342
Trends:
    Daily SMA20: 1.1339
    Daily SMA50: 1.139
    Daily SMA100: 1.1385
    Daily SMA200: 1.1506
Levels:
    Previous Daily High: 1.1388
    Previous Daily Low: 1.1309
    Previous Weekly High: 1.1422
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1339
    Daily Fibonacci 61.8%: 1.1358
    Daily Pivot Point S1: 1.1305
    Daily Pivot Point S2: 1.1268
    Daily Pivot Point S3: 1.1227
    Daily Pivot Point R1: 1.1384
    Daily Pivot Point R2: 1.1425
    Daily Pivot Point R3: 1.1462

Author

Flavio Tosti

Independent Analyst

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