Home EUR/USD Technical Analysis: 1.1470 is the next pit-stop for bulls
FXStreet News

EUR/USD Technical Analysis: 1.1470 is the next pit-stop for bulls

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).  
  • EUR/USD is testing 1.1400 and the 50/100-day SMAs.

EUR/USD 4-hour chart

  • EUR/USD is trading above the main SMAs suggesting bullish momentum.

EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting a bullish bias.  
  • The 1.1381 and 1.1390 short-term targets have been reached. On the bigger picture, 1.1470 is most likely the next pit-stop for bulls.
  • Support is at 1.1350, 1.1339 and 1.2970 level.

 

Additional key levels  

EUR/USD

Overview:
       Today Last Price:  1.1392
       Today Daily change:  30  pips
       Today Daily change %:  0.26%
       Today Daily Open:  1.1362
Trends:
       Daily SMA20:  1.136
       Daily SMA50:  1.1392
       Daily SMA100:  1.1394
       Daily SMA200:  1.1515
Levels:
       Previous Daily High:  1.1368
       Previous Daily Low:  1.1328
       Previous Weekly High:  1.1373
       Previous Weekly Low:  1.1276
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1353
       Daily Fibonacci 61.8%:  1.1344
       Daily Pivot Point S1:  1.1337
       Daily Pivot Point S2:  1.1313
       Daily Pivot Point S3:  1.1297
       Daily Pivot Point R1:  1.1377
       Daily Pivot Point R2:  1.1393
       Daily Pivot Point R3:  1.1417

 

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.