Home EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure
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EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure

EUR/USD daily chart

  • EUR/USD is trading below its main simple moving averages (SMAs) on the daily chart.  

EUR/USD 4-hour chart

  • EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.  
  • The RSI is below the 50 line, the MACD is slightly weakening while the Stochastic is above the 50 line.  

EUR/USD 30-minute chart

  • EUR/USD broke below the 1.1400 figure and the flat 50 and 100 SMAs as technical indicators are bearish.
  • The next target to the downside is seen at the 1.3220 and 1.1275 levels. However, any  further big losses seem to be limited this Friday.

Additional key levels

EUR/USD

Overview:
       Last Price:  1.135
       Daily change:  -56  pips
       Daily change:  -0.491%
       Daily Open:  1.1406
Trends:
       Daily SMA20:  1.137
       Daily SMA50:  1.1494
       Daily SMA100:  1.1553
       Daily SMA200:  1.1797
Levels:
       Daily High:  1.1434
       Daily Low:  1.1381
       Weekly High:  1.142
       Weekly Low:  1.1216
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1414
       Daily Fibonacci 61.8%:  1.1402
       Daily Pivot Point S1:  1.138
       Daily Pivot Point S2:  1.1354
       Daily Pivot Point S3:  1.1327
       Daily Pivot Point R1:  1.1433
       Daily Pivot Point R2:  1.1461
       Daily Pivot Point R3:  1.1487

 

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