EUR/USD is bouncing above the 1.1030 support as US data came in weaker than expected. Support is seen at 1.1050, 1.1030 and 1.1010 levels. EUR/USD daily chart EUR/USD is off 2-yea lows as the ISM Manufacturing PMI came in at 51.2 against 52 expected by analysts. Also, the US 10-year yields are on the back foot, easing the buying pressure on the USD and helping EUR/USD to recover slightly. EUR/USD 4-hour chart EUR/USD is trading below its major simple moving averages (SMAs), suggesting momentum in the medium term. Fiber is currently bouncing from the daily lows breaking 1.1050 resistance. If the correction continues, further levels of resistances can be seen at 1.1067, 1.1080 and 1.1100 according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading below its SMAs, suggesting a bearish bias in the short term. Support is seen at the 1.1050, 1.1030 and 1.1010 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 USD/JPY drops to weekly lows near 108.30 on falling US T-bond yields FX Street 4 years EUR/USD is bouncing above the 1.1030 support as US data came in weaker than expected. Support is seen at 1.1050, 1.1030 and 1.1010 levels. EUR/USD daily chart EUR/USD is off 2-yea lows as the ISM Manufacturing PMI came in at 51.2 against 52 expected by analysts. Also, the US 10-year yields are on the back foot, easing the buying pressure on the USD and helping EUR/USD to recover slightly. EUR/USD 4-hour chart EUR/USD is trading below its major simple moving averages (SMAs), suggesting momentum in the medium term. Fiber is currently bouncing from the daily… 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.
