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EUR/USD Technical Analysis: Stuck to 1.1350 as buyers roll over

  • The short-term EUR/USD chart shows the pair slipping into fresh lows as market flows reverse direction back into the US Dollar, taking the EUR/USD back into lows at the 1.1350 critical level.
  • EUR/USD Forecast: Bearish trend back in play on hawkish Fed/Italy

EUR/USD M5

  • Hourly candles have the Fiber breaking down from a near-term rising HL/HH pattern, and the EUR/USD is threatening to get caught in a bearish trap on the south end of the 200-hour moving average.

EUR/USD H1

  • Looking further back, the EUR/USD is still in a firmly-established bearish trend, and the Fiber is set to fall back under the last major low at the 1.1300 handle.

EUR/USD H4

EUR/USD

Overview:
       Last Price:  1.1349
       Daily change:  -12  pips
       Daily change:  -0.106%
       Daily Open:  1.1361
Trends:
       Daily SMA20:  1.1437
       Daily SMA50:  1.1546
       Daily SMA100:  1.1582
       Daily SMA200:  1.1847
Levels:
       Daily High:  1.1447
       Daily Low:  1.1352
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1388
       Daily Fibonacci 61.8%:  1.1411
       Daily Pivot Point S1:  1.1326
       Daily Pivot Point S2:  1.1291
       Daily Pivot Point S3:  1.1231
       Daily Pivot Point R1:  1.1421
       Daily Pivot Point R2:  1.1482
       Daily Pivot Point R3:  1.1517

 

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