Home EUR/USD Technical Analysis: Euro holding above 1.1350 ahead of Fed’s Powell
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EUR/USD Technical Analysis: Euro holding above 1.1350 ahead of Fed’s Powell

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).  
  • US Federal Reserve Chairman, Jerome Powell will be testifying at 14.45 GMT.  

EUR/USD 4-hour chart

  • EUR/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase.  

EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum.  
  • Bulls will need to break 1.1372 to reach 1.1381 and 1.1390 in the short-term. On the bigger picture, 1.1470 is likely on the cards.
  • Support is at 1.1346, 1.1339 and 1.2970 level.

 

Additional key levels  

EUR/USD

Overview:
       Today Last Price:  1.1357
       Today Daily change:  -5  pips
       Today Daily change %:  -0.04%
       Today Daily Open:  1.1362
Trends:
       Daily SMA20:  1.136
       Daily SMA50:  1.1392
       Daily SMA100:  1.1394
       Daily SMA200:  1.1515
Levels:
       Previous Daily High:  1.1368
       Previous Daily Low:  1.1328
       Previous Weekly High:  1.1373
       Previous Weekly Low:  1.1276
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1353
       Daily Fibonacci 61.8%:  1.1344
       Daily Pivot Point S1:  1.1337
       Daily Pivot Point S2:  1.1313
       Daily Pivot Point S3:  1.1297
       Daily Pivot Point R1:  1.1377
       Daily Pivot Point R2:  1.1393
       Daily Pivot Point R3:  1.1417

 

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