Home EUR/USD Technical Analysis: Euro is trapped between the 1.1300 and 1.1400 levels
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EUR/USD Technical Analysis: Euro is trapped between the 1.1300 and 1.1400 levels

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • EUR/USD is trading above the 1.1300 figure which was an important level in the past weeks of trading.

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs.
  • EUR/USD is essentially trading inside Friday’s range as technical indicators have a slight bearish bias.  

EUR/USD 30-minute chart

  • EUR/USD is finding some support at 1.1320 as it is trading below its main SMAs.
  • The picture is for the moment fairly balanced with both bulls and bears having valid arguments. The market is trapped between the 1.1300 and 1.1400 figure. A break in either direction is needed to confirm the short-term directional bias.  

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1336
       Today Daily change:  14  pips
       Today Daily change %:  0.124%
       Today Daily Open:  1.1322
Trends:
       Previous Daily SMA20:  1.136
       Previous Daily SMA50:  1.1451
       Previous Daily SMA100:  1.153
       Previous Daily SMA200:  1.1765
Levels:
       Previous Daily High:  1.1402
       Previous Daily Low:  1.1305
       Previous Weekly High:  1.1402
       Previous Weekly Low:  1.1267
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1342
       Previous Daily Fibonacci 61.8%:  1.1365
       Previous Daily Pivot Point S1:  1.1284
       Previous Daily Pivot Point S2:  1.1247
       Previous Daily Pivot Point S3:  1.1188
       Previous Daily Pivot Point R1:  1.138
       Previous Daily Pivot Point R2:  1.1439
       Previous Daily Pivot Point R3:  1.1477

 

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