EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance

21

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). 
  • The RSI indicator is just below the 50 line, MACD is decelerating while Stochastic is above the 50 mark.


	EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance

EUR/USD 4-hour chart

  • The level to beat for bears is 1.1327. 


	EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance

EUR/USD 30-minute chart

  • EUR/USD is trading near the daily lows below its main SMAs.
  • If EUR/USD drops to 1.1327 it will be interesting to see if the bears can break through the support. 
  • If the bears win, a drop to the 2018 low can be next. Alternatively, a bounce from 1.1327 should lead to a bull run to the 1.1430 level. 


	EUR/USD Technical Analysis: Market players looking at 1.1327 support and 1.1430 resistance

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1338
    Today Daily change: 8.0 pips
    Today Daily change %: 0.0706%
    Today Daily Open: 1.133
Trends:
    Previous Daily SMA20: 1.1366
    Previous Daily SMA50: 1.1488
    Previous Daily SMA100: 1.1548
    Previous Daily SMA200: 1.1791
Levels:
    Previous Daily High: 1.1422
    Previous Daily Low: 1.1328
    Previous Weekly High: 1.1473
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1625
    Previous Monthly Low: 1.1302
    Previous Daily Fibonacci 38.2%: 1.1364
    Previous Daily Fibonacci 61.8%: 1.1386
    Previous Daily Pivot Point S1: 1.1298
    Previous Daily Pivot Point S2: 1.1266
    Previous Daily Pivot Point S3: 1.1204
    Previous Daily Pivot Point R1: 1.1392
    Previous Daily Pivot Point R2: 1.1454
    Previous Daily Pivot Point R3: 1.1487

LEAVE A REPLY

Please enter your comment!
Please enter your name here