EUR/USD Technical Analysis: Worst weekly decline since September 2018


EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA). 
  • EUR/USD suffered the worst weekly decline since September 2018.

EUR/USD 4-hour chart

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

EUR/USD 30-minute chart

  • EUR/USD is evolving below the 100 and 200 SMA suggesting bearish momentum. 
  • A breakdown below 1.1320 can lead to a drop to the 1.1290 level.
  • On the flip side, a daily close above 1.1380 and the 200 SMA could be considered bullish for EUR/USD.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1322
    Today Daily change: -20 pips
    Today Daily change %: -0.18%
    Today Daily Open: 1.1342
Trends:
    Daily SMA20: 1.1406
    Daily SMA50: 1.14
    Daily SMA100: 1.143
    Daily SMA200: 1.1548
Levels:
    Previous Daily High: 1.1376
    Previous Daily Low: 1.1324
    Previous Weekly High: 1.1516
    Previous Weekly Low: 1.139
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1344
    Daily Fibonacci 61.8%: 1.1356
    Daily Pivot Point S1: 1.1319
    Daily Pivot Point S2: 1.1295
    Daily Pivot Point S3: 1.1266
    Daily Pivot Point R1: 1.1371
    Daily Pivot Point R2: 1.14
    Daily Pivot Point R3: 1.1424

 

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