EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart; however, bulls made a substantial advance this Thursday as they printed the best daily advance since September. EUR/USD closed above the 1.1400 figure and the 50 SMA suggesting potential bullish continuation in the coming sessions. Targets to the upside are likely located near 1.1430 (October 9 low), 1.1463 (October 4 low) and 1.1500 figure and October 2 swing low. EUR/USD 4-hour chart Main trend: Bearish Resistance 1: 1.1400 figure Resistance 2: 1.1430 October 9 low Resistance 3: 1.1463 October 4 low Resistance 4: 1.1500 figure and October 2 swing low Resistance 5: 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: 1.1405 Daily change: 93 pips Daily change: 0.822% Daily Open: 1.1312 Trends: Daily SMA20: 1.1472 Daily SMA50: 1.1575 Daily SMA100: 1.1593 Daily SMA200: 1.1876 Levels: Daily High: 1.1362 Daily Low: 1.1302 Weekly High: 1.1551 Weekly Low: 1.1336 Monthly High: 1.1625 Monthly Low: 1.1302 Daily Fibonacci 38.2%: 1.1325 Daily Fibonacci 61.8%: 1.1339 Daily Pivot Point S1: 1.1289 Daily Pivot Point S2: 1.1266 Daily Pivot Point S3: 1.1229 Daily Pivot Point R1: 1.1348 Daily Pivot Point R2: 1.1385 Daily Pivot Point R3: 1.1408 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 S&P500 Technical Analysis: US Stocks end up Thursday in the green above the 2,700.00 level FX Street 4 years EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart; however, bulls made a substantial advance this Thursday as they printed the best daily advance since September. EUR/USD closed above the 1.1400 figure and the 50 SMA suggesting potential bullish continuation in the coming sessions. Targets to the upside are likely located near 1.1430 (October 9 low), 1.1463 (October 4 low) and 1.1500 figure and October 2 swing low. EUR/USD 4-hour chart Main trend: Bearish Resistance 1: 1.1400 figure Resistance 2: 1.1430… 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.
