EUR/USD Technical Analysis: Euro near 1.1350 ahead of ECB Minutes

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EUR/USD daily chart

  • EUR/USD is evolving in a bear trend below the 200-day simple moving average (SMA).
  • The ECB (European Central Bank) Minutes at 12.30 GMT can potentially provide high volatility in the financial markets.


EUR/USD 4-hour chart

  • EUR/USD is currently testing the 100 SMA.

https://editorial.azureedge.net/miscelaneous/240-636863521070614833.png


EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum.
  • A break above 1.1360 should reach 1.1380 and 1.1400 figure to the upside.
  • Looking down, support is at 1.1320 and 1.1280 key level.

Additional key levels:

EUR/USD

Overview:
    Today Last Price: 1.1354
    Today Daily change: 14 pips
    Today Daily change %: 0.12%
    Today Daily Open: 1.134
Trends:
    Daily SMA20: 1.1366
    Daily SMA50: 1.1392
    Daily SMA100: 1.1399
    Daily SMA200: 1.1521
Levels:
    Previous Daily High: 1.1373
    Previous Daily Low: 1.1325
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1343
    Daily Fibonacci 61.8%: 1.1354
    Daily Pivot Point S1: 1.1319
    Daily Pivot Point S2: 1.1298
    Daily Pivot Point S3: 1.1272
    Daily Pivot Point R1: 1.1367
    Daily Pivot Point R2: 1.1393
    Daily Pivot Point R3: 1.1414

 

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