EUR/USD climbed as high as 1.1097 but bears stepped in and drove the market near 1.1070 level. The level to beat for bears is the 1.1043 support. EUR/USD daily chart EUR/USD, on the daily chart, is trading in a downtrend below downward sloping 100 and 200-day simple moving averages (DMAs). The market is rejecting the 1.1100 handle this Thursday in the New York session. EUR/USD four-hour chart The market is trading back below the 100 and 200 SMAs while the market is trading below the 1.1083 resistance level. A daily close below the 1.1083 level would signal a failed bullish breakout which can result in a decline in the coming sessions. A daily close below 1.1043 level can see the bears taking the helm and drive the market towards the 1.1014 and 1.0991 levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading below the 200 SMA, suggesting a bearish bias in the near term. The main resistance on the way up is the 1.1083 level, 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 Two US law makers look to protect US customers from Libra FX Street 3 years EUR/USD climbed as high as 1.1097 but bears stepped in and drove the market near 1.1070 level. The level to beat for bears is the 1.1043 support. EUR/USD daily chart EUR/USD, on the daily chart, is trading in a downtrend below downward sloping 100 and 200-day simple moving averages (DMAs). The market is rejecting the 1.1100 handle this Thursday in the New York session. EUR/USD four-hour chart The market is trading back below the 100 and 200 SMAs while the market is trading below the 1.1083 resistance level. A daily close below the 1.1083 level… 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.
