EUR/USD bears are in control as EUR/USD closed Wednesday below the key 1.1530 support level. EUR/USD has found resistance just below the 1.1550 level. EUR/USD is sliding down below its main simple moving averages (SMA) while the RSI, MACD and Stochastics are in negative territories, suggesting a bearish bias. As long as EUR/USD remains capped below 1.1550 the gates are open for a potential drop to 1.1400 figure. EUR/USD 4-hour chart EUR/USD Overview: Last Price: 1.1505 Daily change: 28 pips Daily change: 0.244% Daily Open: 1.1477 Trends: Daily SMA20: 1.1648 Daily SMA50: 1.1602 Daily SMA100: 1.1643 Daily SMA200: 1.1936 Levels: Daily High: 1.1594 Daily Low: 1.1464 Weekly High: 1.1816 Weekly Low: 1.157 Monthly High: 1.1816 Monthly Low: 1.1526 Daily Fibonacci 38.2%: 1.1514 Daily Fibonacci 61.8%: 1.1545 Daily Pivot Point S1: 1.143 Daily Pivot Point S2: 1.1382 Daily Pivot Point S3: 1.13 Daily Pivot Point R1: 1.1559 Daily Pivot Point R2: 1.1641 Daily Pivot Point R3: 1.1689 Resistances and Supports Main trend: Bearish Resistance 1: 1.1530 August 23 swing low Resistance 2: 1.1569 Sept. 28 low Resistance 3: 1.1600 figure Resistance 4: 1.1630 August 8 high key level Resistance 5: 1.1654 August 27 high Support 1: 1.1500 figure and October 2, swing low Support 2: 1.1491 August 21 low Support 3: 1.1400 figure Support 4: 1.1350 figure 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 ECB’s Coeure: ECB sees gradual build-up in price pressures FX Street 4 years EUR/USD bears are in control as EUR/USD closed Wednesday below the key 1.1530 support level. EUR/USD has found resistance just below the 1.1550 level. EUR/USD is sliding down below its main simple moving averages (SMA) while the RSI, MACD and Stochastics are in negative territories, suggesting a bearish bias. As long as EUR/USD remains capped below 1.1550 the gates are open for a potential drop to 1.1400 figure. EUR/USD 4-hour chart EUR/USD Overview: Last Price: 1.1505 Daily change: 28 pips Daily change: 0.244% Daily Open:… 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.
