“¢ The pair snapped four consecutive days of losing streak and started retreating from the top end of an ascending trend-channel formation on the 1-hourly chart. “¢ Bears momentarily dragged the pair below an important confluence region near the 1.1300 handle – comprising of the trend-channel support and 50-hour EMA. “¢ Oscillators on the daily chart maintained their bearish bias and have been losing momentum on the 1-hourly chart, adding credence to the near-term bearish set-up. “¢ Hence, the emergence of technical selling has the potential to accelerate the intraday bearish trajectory towards 1.1280 intermediate support en-route the 1.1250-40 region. EUR/USD 1-hourly chart EUR/USD Overview: Today Last Price: 1.1301 Today Daily change: -27 pips Today Daily change %: -0.24% Today Daily Open: 1.1328 Trends: Daily SMA20: 1.1318 Daily SMA50: 1.1369 Daily SMA100: 1.137 Daily SMA200: 1.1492 Levels: Previous Daily High: 1.134 Previous Daily Low: 1.1278 Previous Weekly High: 1.1388 Previous Weekly Low: 1.1176 Previous Monthly High: 1.1489 Previous Monthly Low: 1.1234 Daily Fibonacci 38.2%: 1.1316 Daily Fibonacci 61.8%: 1.1301 Daily Pivot Point S1: 1.129 Daily Pivot Point S2: 1.1253 Daily Pivot Point S3: 1.1228 Daily Pivot Point R1: 1.1352 Daily Pivot Point R2: 1.1377 Daily Pivot Point R3: 1.1414 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 Stellar spikes 22% in March ahead of Coinbase Pro support FX Street 4 years "¢ The pair snapped four consecutive days of losing streak and started retreating from the top end of an ascending trend-channel formation on the 1-hourly chart. "¢ Bears momentarily dragged the pair below an important confluence region near the 1.1300 handle - comprising of the trend-channel support and 50-hour EMA. "¢ Oscillators on the daily chart maintained their bearish bias and have been losing momentum on the 1-hourly chart, adding credence to the near-term bearish set-up. "¢ Hence, the emergence of technical selling has the potential to accelerate the intraday bearish trajectory… 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.
