EUR/USD is trading quietly in familiar ranges on the second day of the week. The key level to beat for sellers is the 1.1020 support level. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market has been consolidation for four days in a row. EUR/USD four-hour chart EUR/USD is consolidating last week’s adance in the 1.1020/1.1073 range. The market is trading below the downward sloping 100 and 200 SMAs, suggesting bearish momentum in the medium term. Bears need to break below 1.1020 support to drive the market towards 1.0990 and 1.0964 price levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart The Euro is trading within the range of the last three days. The market is trading just above its 100 and 200 SMAs, suggesting bullish momentum in the short term. However, bulls will need a daily close above 1.1073 to attract further buying interest. 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 OPEC’s Barkindo: We have been very conservative with demand numbers FX Street 4 years EUR/USD is trading quietly in familiar ranges on the second day of the week. The key level to beat for sellers is the 1.1020 support level. EUR/USD daily chart On the daily time-frame, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market has been consolidation for four days in a row. EUR/USD four-hour chart EUR/USD is consolidating last week's adance in the 1.1020/1.1073 range. The market is trading below the downward sloping 100 and 200 SMAs, suggesting bearish momentum in the medium term. Bears… 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.
