EUR/USD Technical Analysis: Next directional move favors the Euro bulls to 1.1500 target
EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 100 and 200-day simple moving averages (SMAs).
EUR/USD 4-hour chart
- EUR/USD is trading above its main SMAs suggesting bullish momentum in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading above its main SMAs suggesting an upward bias.
- Since last Friday EUR/USD bulls are in control and targets to the upside can be seen at 1.1470 and potentially up to 1.1500 if buyers gather enough steam.
- To the downside, support can be expected at 1.1400 and the 1.1380 level. A daily close below 1.1380 would likely indicate a shift towards the bearish side.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1433
Today Daily change: 5 pips
Today Daily change %: 0.04%
Today Daily Open: 1.1428
Trends:
Daily SMA20: 1.1417
Daily SMA50: 1.139
Daily SMA100: 1.1449
Daily SMA200: 1.1575
Levels:
Previous Daily High: 1.1446
Previous Daily Low: 1.139
Previous Weekly High: 1.1418
Previous Weekly Low: 1.1289
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Daily Fibonacci 38.2%: 1.1424
Daily Fibonacci 61.8%: 1.1411
Daily Pivot Point S1: 1.1397
Daily Pivot Point S2: 1.1366
Daily Pivot Point S3: 1.1342
Daily Pivot Point R1: 1.1452
Daily Pivot Point R2: 1.1477
Daily Pivot Point R3: 1.1508