EUR/USD erased parts of the Friday’s gains this Monday. Indecision can leave the market stuck in a range between 1.1098 and 1.1134 in the near term. EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below its main daily simple moving averages (DSMAs). EUR/USD 4-hour chart The Fiber is challenging the 1.1098 support and the 50 SMA. A break below this level can lead to a drop towards the 1.1080 level, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is challenging the 200 SMA. If bulls step in, the bulls can drive the market towards 1.1115, 1.1220 and 1.1134 resistances. 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 Wall Street closes in the green on tradewar hopes FX Street 4 years EUR/USD erased parts of the Friday's gains this Monday. Indecision can leave the market stuck in a range between 1.1098 and 1.1134 in the near term. EUR/USD daily chart On the daily time-frame, the common currency is trading in a bear trend below its main daily simple moving averages (DSMAs). EUR/USD 4-hour chart The Fiber is challenging the 1.1098 support and the 50 SMA. A break below this level can lead to a drop towards the 1.1080 level, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is challenging the 200 SMA. If… 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.
