EUR/USD is consolidating sideways near 34-month lows as the new week is kicking off. The level to beat for bears is the 1.0826 support. EUR/USD daily chart EUR/USD is trading in a weak downtrend below the main daily simple moving averages (SMAs) as the spot remains under pressure near 34-month lows. The quote is trading just below the 2019 lows. EUR/USD four-hour chart EUR/USD broke below the downward channel while trading below its main SMAs on the four-hour chart. The spot is consolidating sideways while remaining under bearish pressure near 34-month lows. Sellers want a breakdown below the 1.0826 support level to drag the price down to the 1.0800 figure and 1.0756 price levels. Resistances are seen near the 1.0882, 1.0930 and 1.0984 levels, according to the Technical Confluences Indicator. Resistance: 1.0882, 1.0930, 1.0984 Support: 1.0826, 1.0800, 1.0756 Additional key levels 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 Singapore: MAS to ease in April due to lower growth projections – Standard Chartered FX Street 2 years EUR/USD is consolidating sideways near 34-month lows as the new week is kicking off. The level to beat for bears is the 1.0826 support. EUR/USD daily chart EUR/USD is trading in a weak downtrend below the main daily simple moving averages (SMAs) as the spot remains under pressure near 34-month lows. The quote is trading just below the 2019 lows. EUR/USD four-hour chart EUR/USD broke below the downward channel while trading below its main SMAs on the four-hour chart. The spot is consolidating sideways while remaining under bearish pressure near 34-month lows. Sellers want a… Regulated 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.
