Home EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance
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EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).  
  • The RSI indicator is just below the 50 line, MACD is decelerating while Stochastic is above the 50 mark.

EUR/USD 4-hour chart

  • The level to beat for bears is 1.1327.  

EUR/USD 30-minute chart

  • EUR/USD is trading near the daily lows below its main SMAs.
  • If EUR/USD drops to 1.1327 it will be interesting to see if the bears can break through the support.  
  • If the bears win, a drop to the 2018 low can be next. Alternatively, a bounce from 1.1327 should lead to a bull run to the 1.1430 level.  

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1338
       Today Daily change:  8.0  pips
       Today Daily change %:  0.0706%
       Today Daily Open:  1.133
Trends:
       Previous Daily SMA20:  1.1366
       Previous Daily SMA50:  1.1488
       Previous Daily SMA100:  1.1548
       Previous Daily SMA200:  1.1791
Levels:
       Previous Daily High:  1.1422
       Previous Daily Low:  1.1328
       Previous Weekly High:  1.1473
       Previous Weekly Low:  1.1328
       Previous Monthly High:  1.1625
       Previous Monthly Low:  1.1302
       Previous Daily Fibonacci 38.2%:  1.1364
       Previous Daily Fibonacci 61.8%:  1.1386
       Previous Daily Pivot Point S1:  1.1298
       Previous Daily Pivot Point S2:  1.1266
       Previous Daily Pivot Point S3:  1.1204
       Previous Daily Pivot Point R1:  1.1392
       Previous Daily Pivot Point R2:  1.1454
       Previous Daily Pivot Point R3:  1.1487

 

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