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EUR/USD Technical Analysis: Fiber at daily highs challenging the 1.1300 figure

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs suggesting bearish momentum in the medium-term.

EUR/USD 30-minute chart

  • EUR/USD is trading below its 100 and 200 SMA suggesting bearish momentum in the short-term.
  • If bears prevent an advance beyond 1.1300 they can expect a revisit of 1.1270 to the downside. 
  • On the flip side, in the short-term, bulls might breach 1.1300 figure and the 50 SMA to drive the market to the 1.1330 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.13
    Today Daily change: 24 pips
    Today Daily change %: 0.21%
    Today Daily Open: 1.1276
Trends:
    Daily SMA20: 1.139
    Daily SMA50: 1.1398
    Daily SMA100: 1.1421
    Daily SMA200: 1.1541
Levels:
    Previous Daily High: 1.1332
    Previous Daily Low: 1.1267
    Previous Weekly High: 1.1462
    Previous Weekly Low: 1.132
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1292
    Daily Fibonacci 61.8%: 1.1307
    Daily Pivot Point S1: 1.1252
    Daily Pivot Point S2: 1.1228
    Daily Pivot Point S3: 1.1188
    Daily Pivot Point R1: 1.1316
    Daily Pivot Point R2: 1.1356
    Daily Pivot Point R3: 1.138

 

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