EUR/USD is trading quietly near 1.1100 at the start of the New York session. Market uncertainty can see the Fiber stuck in a range between 1.1098 and 1.1134 in the near term. EUR/USD daily chart On the daily time-frame, the single currency is trading in a bear trend below the main daily simple moving averages (DSMAs). EUR/USD 4-hour chart The Fiber is stuck between the 1.1098 support and 1.1117 resistance while above the 50 SMA. If the sellers have a sustained breakout below 1.1098 the market may drop towards the 1.1080 and 1.1052 levels, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading in the middle of its daily range currently supported by the 1.1098 support and the 200 SMA. However, bulls have much work to do as they need to break 1.1117 strong resistance followed by the 1.1134 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 China: Lending rate reform – Westpac FX Street 4 years EUR/USD is trading quietly near 1.1100 at the start of the New York session. Market uncertainty can see the Fiber stuck in a range between 1.1098 and 1.1134 in the near term. EUR/USD daily chart On the daily time-frame, the single currency is trading in a bear trend below the main daily simple moving averages (DSMAs). EUR/USD 4-hour chart The Fiber is stuck between the 1.1098 support and 1.1117 resistance while above the 50 SMA. If the sellers have a sustained breakout below 1.1098 the market may drop towards the 1.1080 and 1.1052 levels, according to the… 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.
