EUR/USD Technical Analysis: Bulls losing the grip ahead of ECB press conference - 1.1320 bear target


EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages.
  • The ECB press conference at 13.30 GMT is likely to provide volatility in the forex market. 

EUR/USD 4-hour chart

  • EUR/USD bears need to overcome the SMAs cluster near the 1.1360 level.

EUR/USD 30-minute chart

  • EUR/USD is set to revisit 1.1320 as long as 1.1400 resistance is capping bullish advances.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1368
    Today Daily change: -3.0 pips
    Today Daily change %: -0.0264%
    Today Daily Open: 1.1371
Trends:
    Previous Daily SMA20: 1.1364
    Previous Daily SMA50: 1.1407
    Previous Daily SMA100: 1.1504
    Previous Daily SMA200: 1.1728
Levels:
    Previous Daily High: 1.1388
    Previous Daily Low: 1.1314
    Previous Weekly High: 1.1424
    Previous Weekly Low: 1.1311
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.136
    Previous Daily Fibonacci 61.8%: 1.1342
    Previous Daily Pivot Point S1: 1.1328
    Previous Daily Pivot Point S2: 1.1285
    Previous Daily Pivot Point S3: 1.1255
    Previous Daily Pivot Point R1: 1.1401
    Previous Daily Pivot Point R2: 1.1431
    Previous Daily Pivot Point R3: 1.1474

 

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