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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving average (SMAs).
  • USD is strengthening amid risk-off mood. The trade tensions between the US and China saw investors buying the greenback.


EUR/USD 4-hour chart

  • The market is trading below its 100 and 200 SMA while the market found resistance at 1.1220 level.

EUR/USD 30-minute chart

  • EUR/USD is trading below 1.1200 the figure and its main SMAs suggesting a bearish bias in the short-term.  
  • Level of supports to the downside are seen at 1.1170 and 1.1140 level.
  • Resistance is at 1.1200 and 1.1220 level.

Additional key levels