“¢ The pair extended its recent bearish trajectory and remained under some selling pressure for the sixth straight session, also marking the seventh day of losses in the previous eight. “¢ The momentum dragged the pair below the 1.1300 handle for the first time in just over two weeks, though bears took a breather near late-Jan. swing lows, around the 1.1290 area. “¢ The mentioned region coincides with three-month-old support and bearish technical indicators on hourly/daily charts support prospects for an eventual bearish breakthrough. “¢ A sustained weakness below the said support might act as a key trigger for bearish traders and pave the way for further downside towards challenging the 1.1215 region – Nov. swing lows. EUR/USD daily chart EUR/USD Overview: Today Last Price: 1.1308 Today Daily change %: -0.12% Today Daily Open: 1.1322 Trends: Daily SMA20: 1.1399 Daily SMA50: 1.14 Daily SMA100: 1.1425 Daily SMA200: 1.1544 Levels: Previous Daily High: 1.1353 Previous Daily Low: 1.132 Previous Weekly High: 1.1462 Previous Weekly Low: 1.132 Previous Monthly High: 1.1586 Previous Monthly Low: 1.1289 Daily Fibonacci 38.2%: 1.1333 Daily Fibonacci 61.8%: 1.134 Daily Pivot Point S1: 1.1311 Daily Pivot Point S2: 1.13 Daily Pivot Point S3: 1.1279 Daily Pivot Point R1: 1.1343 Daily Pivot Point R2: 1.1364 Daily Pivot Point R3: 1.1375 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 Bitcoin bulls set eyes on $3,800 amid rising trading volumes FX Street 3 years "¢ The pair extended its recent bearish trajectory and remained under some selling pressure for the sixth straight session, also marking the seventh day of losses in the previous eight. "¢ The momentum dragged the pair below the 1.1300 handle for the first time in just over two weeks, though bears took a breather near late-Jan. swing lows, around the 1.1290 area. "¢ The mentioned region coincides with three-month-old support and bearish technical indicators on hourly/daily charts support prospects for an eventual bearish breakthrough. "¢ A sustained weakness below the said support… 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.
