Home EUR/USD Technical Analysis: All eyes on FOMC Minutes as Euro trades near 1.1340 level
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EUR/USD Technical Analysis: All eyes on FOMC Minutes as Euro trades near 1.1340 level

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • Traders are awaiting the release of the FOMC Minutes at 19.00 GMT. The news can potentially provide high volatility in the financial markets and especially  in USD-related pairs.  


EUR/USD 4-hour chart

  • EUR/USD is trading between the 50 and 100 SMAs suggesting sideways action in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD is trading in a tight range on Wednesday. It is above the main SMAs suggesting bullish momentum in the short-term.
  • A break above 1.1360 should lead to 1.1380 and 1.1400 figure.
  • To the downside, support is seen at 1.1330 and 1.1280 key level.

 

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1337
       Today Daily change:  -6  pips
       Today Daily change %:  -0.05%
       Today Daily Open:  1.1343
Trends:
       Daily SMA20:  1.1368
       Daily SMA50:  1.1392
       Daily SMA100:  1.14
       Daily SMA200:  1.1524
Levels:
       Previous Daily High:  1.1358
       Previous Daily Low:  1.1276
       Previous Weekly High:  1.1344
       Previous Weekly Low:  1.1234
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1327
       Daily Fibonacci 61.8%:  1.1307
       Daily Pivot Point S1:  1.1293
       Daily Pivot Point S2:  1.1243
       Daily Pivot Point S3:  1.121
       Daily Pivot Point R1:  1.1376
       Daily Pivot Point R2:  1.1409
       Daily Pivot Point R3:  1.1459

 

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