fxs_header_sponsor_anchor

News

EUR/USD Technical Analysis: Bearish view unchanged. Door open for a visit to YTD low at 1.1299

  • The pair is now seeing some recovery after dropping to the 1.1380 area on Wednesday, managing to regain the 1.1400 barrier and above.
  • Further downside should see the critical 200-week SMA tested at 1.1319, considered the last defense of a probable test of 2018 low at 1.1299 (August 15).
  • On the flip side, occasional bullish attempts should meet strong resistance in the 1.1493/1.1520 band, where converge the 10-day SMA, May 29 low and the 21-day SMA.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
    Last Price: 1.1415
    Daily change: -1.2e+2 pips
    Daily change: -1.01%
    Daily Open: 1.1531
Trends:
    Daily SMA20: 1.1571
    Daily SMA50: 1.1584
    Daily SMA100: 1.1623
    Daily SMA200: 1.1909
Levels:
    Daily High: 1.154
    Daily Low: 1.1531
    Weekly High: 1.1622
    Weekly Low: 1.1433
    Monthly High: 1.1816
    Monthly Low: 1.1526
    Daily Fibonacci 38.2%: 1.1496
    Daily Fibonacci 61.8%: 1.1472
    Daily Pivot Point S1: 1.1453
    Daily Pivot Point S2: 1.1392
    Daily Pivot Point S3: 1.1351
    Daily Pivot Point R1: 1.1555
    Daily Pivot Point R2: 1.1596
    Daily Pivot Point R3: 1.1657

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.