The Greenback is picking up some steam this Tuesday, sending EUR/USD to two-day lows. Brexit uncertainties are weighing on both the market mood and the Euro. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below its 200-day simple moving averages (DSMAs). However, the Brexit deal euphoria and the better market mood benefitted the Euro in October. EUR/USD four-hour chart On the four-hour chart, EUR/USD is starting to ease from the October highs, trading now below the 1.1140 resistance. However, the market is still above its main SMAs, suggesting bullish momentum in the medium term. A break of the 1.1160 resistance can lead to a move up to the 1.1191 resistance, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading below the 50 and 100 SMAs but above the 200 SMA, suggesting a consolidation in the near term. Bears would need to break 1.1110 to reach 1.1065 price level on the way down. 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 GBP/USD quickly reverses a dip to sub-1.2900 levels, focus remains on Brexit FX Street 3 years The Greenback is picking up some steam this Tuesday, sending EUR/USD to two-day lows. Brexit uncertainties are weighing on both the market mood and the Euro. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below its 200-day simple moving averages (DSMAs). However, the Brexit deal euphoria and the better market mood benefitted the Euro in October. EUR/USD four-hour chart On the four-hour chart, EUR/USD is starting to ease from the October highs, trading now below the 1.1140 resistance. However, the market is still above its main… 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.
