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

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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