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EUR/USD Technical Analysis: Are Euro bulls really throwing in the towel ?

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).  

EUR/USD 4-hour chart

  • The main SMAs are coiled together suggesting that in the medium-term investors are undecided.  

EUR/USD 30-minute chart

  • EUR/USD is trading above the 1.1400/20 support in a consolidation day.  
  • EUR/USD bulls might reach 1.1460 before any meaningful break below 1.1400 figure.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1421
       Today Daily change:  -13  pips
       Today Daily change %:  -0.11%
       Today Daily Open:  1.1434
Trends:
       Daily SMA20:  1.1425
       Daily SMA50:  1.1398
       Daily SMA100:  1.144
       Daily SMA200:  1.1557
Levels:
       Previous Daily High:  1.1462
       Previous Daily Low:  1.1424
       Previous Weekly High:  1.1516
       Previous Weekly Low:  1.139
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1439
       Daily Fibonacci 61.8%:  1.1447
       Daily Pivot Point S1:  1.1419
       Daily Pivot Point S2:  1.1403
       Daily Pivot Point S3:  1.1382
       Daily Pivot Point R1:  1.1456
       Daily Pivot Point R2:  1.1477
       Daily Pivot Point R3:  1.1493

 

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