EUR/USD is confined in a small range above the 1.1146 level. Immediate support is seen at the 1.1130 and 1.1117 level. EUR/USD daily chart EUR/USD trading is in a bear trend below its main daily simple moving averages (DSMAs). In the last six days, Fiber has been consolidating near multi-month lows. The market is most likely waiting for the FOMC decision at 18:00 GMT. The event can lead to high volatility in USD-related currency pairs. The market is widely expecting a 25bps cut from the Federal Reserve. EUR/USD 4-hour chart EUR/USD is currently supported above the 1.1146 support as the market is trading in a small range. Buyers want to reach 1.1178 and 1.1200 figure to the upside, however, Fiber is still trading below its major SMAs, suggesting a bearish bias in the medium term. EUR/USD 30-minute chart EUR/USD is trading above the main SMAs, suggesting bullish momentum in the short term. Immediate support is located at 1.1146, 1.1130 and 1.1117, according to the Technical Confluences Indicator. Additional key levels 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 Next round of China-US high-level trade consultations to be held in September – Global Times FX Street 4 years EUR/USD is confined in a small range above the 1.1146 level. Immediate support is seen at the 1.1130 and 1.1117 level. EUR/USD daily chart EUR/USD trading is in a bear trend below its main daily simple moving averages (DSMAs). In the last six days, Fiber has been consolidating near multi-month lows. The market is most likely waiting for the FOMC decision at 18:00 GMT. The event can lead to high volatility in USD-related currency pairs. The market is widely expecting a 25bps cut from the Federal Reserve. EUR/USD 4-hour chart EUR/USD is currently supported above the… 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.
