EUR/USD is clinging to its daily gains above the 1.1134 support. On the flip side, the yearly low at 1.1101 remains the key level to beat for sellers. EUR/USD daily chart EUR/USD is trading in a bear trend below its main daily simple moving averages (DSMAs). The market is in consolidation mode for the 4th day in row hovering near multi-month lows. EUR/USD 4-hour chart EUR/USD is trading below its main SMAs, suggesting bearish momentum in the medium term. A breakout below the 1.1101 support (2019 low) is essential for bears. If broken then 1.1064, 1.1029 and 1.1006 could become the next targets, according to the Technical Confluences Indicator. EUR/USD 30-minute chart Fiber broke above 1.1134 resistance and its main SMAs suggesting potential bullish momentum in the short term. Looking up, buyers will need to overcome 1.1151 to reach 1.1180 and the 1.1200 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 WTI held up at the 200-day moving average, guarding prospect to $60.00 FX Street 4 years EUR/USD is clinging to its daily gains above the 1.1134 support. On the flip side, the yearly low at 1.1101 remains the key level to beat for sellers. EUR/USD daily chart EUR/USD is trading in a bear trend below its main daily simple moving averages (DSMAs). The market is in consolidation mode for the 4th day in row hovering near multi-month lows. EUR/USD 4-hour chart EUR/USD is trading below its main SMAs, suggesting bearish momentum in the medium term. A breakout below the 1.1101 support (2019 low) is essential for bears. If broken then 1.1064, 1.1029… 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.
