Home EUR/USD Technical Analysis: Euro is losing steam post-NFP as 1.1350 is back on the bears’ radar
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EUR/USD Technical Analysis: Euro is losing steam post-NFP as 1.1350 is back on the bears’ radar

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-period simple moving average (SMA).
  • The US nonfarm payrolls (NFP) for December 2018 came in above expectations at 312K vs. 177K forecast which is potentially bullish for the Greenback.
  • This makes December 2018  the fourth largest monthly jobs increase since the 2009 recession.

EUR/USD 4-hour chart

  • EUR/USD is currently challenging the 200 SMA and the 1.1370 level.

EUR/USD 30-minute chart

  • EUR/USD is currently capped by the 200 SMA.
  • EUR/USD rejected the 50 SMA and 1.1350 and 1.1320 are seen as potential bear targets.

Additional key levels  

EUR/USD

Overview:
       Today Last Price:  1.1376
       Today Daily change:  -22  pips
       Today Daily change %:  -0.193%
       Today Daily Open:  1.1398
Trends:
       Previous Daily SMA20:  1.1388
       Previous Daily SMA50:  1.1372
       Previous Daily SMA100:  1.148
       Previous Daily SMA200:  1.1652
Levels:
       Previous Daily High:  1.1412
       Previous Daily Low:  1.1309
       Previous Weekly High:  1.1478
       Previous Weekly Low:  1.1343
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1372
       Previous Daily Fibonacci 61.8%:  1.1348
       Previous Daily Pivot Point S1:  1.1335
       Previous Daily Pivot Point S2:  1.1271
       Previous Daily Pivot Point S3:  1.1232
       Previous Daily Pivot Point R1:  1.1437
       Previous Daily Pivot Point R2:  1.1475
       Previous Daily Pivot Point R3:  1.1539

 

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