EUR/USD remains trapped in tiny ranges in the second part of the week. The level to beat for sellers is the 1.0995 support level. Resistance is seen at the 1.1024 and 1.1052 levels. EUR/USD daily chart The Euro, on the daily chart, is trading in a downtrend below the main daily simple moving averages (DMAs). This Thursday, the market traded mainly sideways with a spike at the end of the London session. EUR/USD four-hour chart The market is trading below the main SMAs, suggesting a bearish bias in the medium term. The spot is likely to stay under bearish pressure below the 1.1024 resistance level as EUR/USD remains predominantly weak and could see an extension of the down move towards the 1.0995, 1.0966 and 1.0920 support levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart The Euro rose above its main SMAs on the 30-minute chart, suggesting a potential correction up in the near term. Resistances can be seen at the 1.1024, 1.1052 and 1.1075 price 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 AUD/USD consolidates near 4-week low, RBA’s Debelle, trade headlines in the spotlight FX Street 3 years EUR/USD remains trapped in tiny ranges in the second part of the week. The level to beat for sellers is the 1.0995 support level. Resistance is seen at the 1.1024 and 1.1052 levels. EUR/USD daily chart The Euro, on the daily chart, is trading in a downtrend below the main daily simple moving averages (DMAs). This Thursday, the market traded mainly sideways with a spike at the end of the London session. EUR/USD four-hour chart The market is trading below the main SMAs, suggesting a bearish bias in the medium term. The spot is… 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.
