Home EUR/USD Technical Analysis: 1.1400 level still in play for bulls in the New York session
FXStreet News

EUR/USD Technical Analysis: 1.1400 level still in play for bulls in the New York session

  • 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

 

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.