EUR/USD Friday’s four-hour chart is pointing to an advantage for the bears, as FXStreet’s analyst Yohay Elam notes. Key quotes “EUR/USD dropped below the uptrend support line that accompanied it since last week and also fell below the 50 and 100 Simple Moving Averages on the four-hour chart.” “Some support awaits at 1.0840, which was a stepping stone for the pair on its way up. The weekly low of 1.0815 is the next level to watch.” “Resistance is at 1.0930, which was a swing high last week. April’s peak of 1.0995 is the next up.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Bullard: Fed can do much more on liquidity if needed FX Street 2 years EUR/USD Friday's four-hour chart is pointing to an advantage for the bears, as FXStreet’s analyst Yohay Elam notes. Key quotes “EUR/USD dropped below the uptrend support line that accompanied it since last week and also fell below the 50 and 100 Simple Moving Averages on the four-hour chart.” “Some support awaits at 1.0840, which was a stepping stone for the pair on its way up. The weekly low of 1.0815 is the next level to watch.” “Resistance is at 1.0930, which was a swing high last week. April's peak of 1.0995 is the next up.” Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
