Search ForexCrunch

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).
  • EUR/USD took a dive after the long Easter weekend.  

EUR/USD 4-hour chart

  • EUR/USD is consolidating the recent losses just above the 1.1200 figure.

EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs suggesting a bearish momentum in the short-term.  
  • Bears want to continue the move down towards 1.1180/60 support as bulls will attempt  to support the market above the 1.1200 figure.
  • Resistances to the upside are seen at 1.1230/50 and 1.1280 level.

Additional key levels