Home EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level
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EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMA) on the daily chart.

EUR/USD 4-hour chart

  • Fiber is trading below the 50, 100 and 200 SMAs near the 2019 lows.

EUR/USD 30-minute chart

  • Although EUR/USD is making new lows and trading below the main SMAs, there is no conviction in the move down.
  • Euro bulls are set to come back soon with 1.1380, 1.1420 and potentially 1.1460 target  to the upside.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1355
       Today Daily change:  -0.0014  pips
       Today Daily change %:  -0.12%
       Today Daily Open:  1.1369
Trends:
       Daily SMA20:  1.1428
       Daily SMA50:  1.1388
       Daily SMA100:  1.146
       Daily SMA200:  1.1599
Levels:
       Previous Daily High:  1.1392
       Previous Daily Low:  1.1357
       Previous Weekly High:  1.1491
       Previous Weekly Low:  1.1353
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1378
       Daily Fibonacci 61.8%:  1.137
       Daily Pivot Point S1:  1.1353
       Daily Pivot Point S2:  1.1338
       Daily Pivot Point S3:  1.1318
       Daily Pivot Point R1:  1.1388
       Daily Pivot Point R2:  1.1407
       Daily Pivot Point R3:  1.1423

 

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