EUR/USD is trading within the range of the last two days. The level to beat for bears is the 1.1016 support level. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market has been in consolidation for three consecutive days. EUR/USD four-hour chart EUR/USD is challenging the 100 SMA on the 4-hour time-frame. Bulls are gaining some ground. However, they would need to surpass the 1.1073/1.1100 resistance zone on a daily closing basis in order to confirm a bullish reversal en route towards 1.1142, according to the Technical Confluences Indicator. EUR/USD 30-minute chart The Euro is trading at daily highs within the range of the last two days. A daily close below 1.1016 could be seen as a bearish sign. Further down support is seen at the 1.0965 price level. 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 Gold hits fresh two-week lows under $1,500/oz FX Street 4 years EUR/USD is trading within the range of the last two days. The level to beat for bears is the 1.1016 support level. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market has been in consolidation for three consecutive days. EUR/USD four-hour chart EUR/USD is challenging the 100 SMA on the 4-hour time-frame. Bulls are gaining some ground. However, they would need to surpass the 1.1073/1.1100 resistance zone on a daily closing basis in order to confirm… 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.
