Home EUR/USD Technical Analysis: Bulls losing the grip ahead of ECB press conference – 1.1320 bear target
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EUR/USD Technical Analysis: Bulls losing the grip ahead of ECB press conference – 1.1320 bear target

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages.
  • The ECB press conference at 13.30 GMT is likely to provide volatility in the forex market.  

EUR/USD 4-hour chart

  • EUR/USD bears need to overcome the SMAs cluster near the 1.1360 level.

EUR/USD 30-minute chart

  • EUR/USD is set to revisit 1.1320 as long as 1.1400 resistance  is capping bullish advances.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1368
       Today Daily change:  -3.0  pips
       Today Daily change %:  -0.0264%
       Today Daily Open:  1.1371
Trends:
       Previous Daily SMA20:  1.1364
       Previous Daily SMA50:  1.1407
       Previous Daily SMA100:  1.1504
       Previous Daily SMA200:  1.1728
Levels:
       Previous Daily High:  1.1388
       Previous Daily Low:  1.1314
       Previous Weekly High:  1.1424
       Previous Weekly Low:  1.1311
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.136
       Previous Daily Fibonacci 61.8%:  1.1342
       Previous Daily Pivot Point S1:  1.1328
       Previous Daily Pivot Point S2:  1.1285
       Previous Daily Pivot Point S3:  1.1255
       Previous Daily Pivot Point R1:  1.1401
       Previous Daily Pivot Point R2:  1.1431
       Previous Daily Pivot Point R3:  1.1474

 

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