The United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 expected giving USD a boost. The level to beat for sellers is at the 1.1041 and 1.1016 support levels. EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below its main daily simple moving averages (DSMAs). This Thursday, the United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 expected giving USD a boost and sending EUR/USD down about 40 pips. EUR/USD four-hour chart EUR/USD lost a good chunk of the daily gains as the market is trading below the 100 and 200 SMAs. Bears will need to reclaim the 1.1041 level to drive the market down towards 1.1016 and 1.0964 support levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading above the 1.1041 support level and the main SMAs, suggesting bullish momentum in the near term. However, bulls will need to reclaim the 1.1073 resistance if they intend to extend the recovery towards 1.1016 and 1.0964 resistance levels, according to the Technical Confluences Indicator. 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 Gold tumbles to $1507, then rebounds to $1520 on a volatile day FX Street 4 years The United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 expected giving USD a boost. The level to beat for sellers is at the 1.1041 and 1.1016 support levels. EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below its main daily simple moving averages (DSMAs). This Thursday, the United States Non-Manufacturing PMI came in at 56.4 in August vs. 54 expected giving USD a boost and sending EUR/USD down about 40 pips. EUR/USD four-hour chart EUR/USD lost a good chunk of the daily gains as… 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.
