- EUR/USD is trading in a bear trend below the 200-period simple moving average.
- EUR/USD is sliding near the 50 SMA while the RSI, MACD and Stochastic indicators have turned bearish.
- However, bears will need to break below 1.1350 otherwise New York bulls might lift the market back up to test 1.1400 figure.
EUR/USD 4-hour chart
Main trend: Bearish
Resistance 1: 1.1400 figure
Resistance 1: 1.1430 October 9 low
Resistance 2: 1.1463 October 4 low
Resistance 3: 1.1500 figure and October 2 swing low
Resistance 4: 1.1530 August 23 swing low (key level)
Support 1: 1.1350 figure
Support 2: 1.1300 current 2018 low
Support 3: 1.1200 figure
Additional key levels at a glance:
EUR/USD
Overview:
Last Price: 1.137
Daily change: -18 pips
Daily change: -0.158%
Daily Open: 1.1388
Trends:
Daily SMA20: 1.1461
Daily SMA50: 1.1568
Daily SMA100: 1.1589
Daily SMA200: 1.1867
Levels:
Daily High: 1.1456
Daily Low: 1.1372
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1404
Daily Fibonacci 61.8%: 1.1424
Daily Pivot Point S1: 1.1354
Daily Pivot Point S2: 1.1321
Daily Pivot Point S3: 1.1271
Daily Pivot Point R1: 1.1438
Daily Pivot Point R2: 1.1489
Daily Pivot Point R3: 1.1522