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