OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/USD Technical Analysis: Bears can drive Euro down to the 1.1410 level

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200 SMA. 
  • EUR/USD is now trapped between the 50 and 100 SMA. 

EUR/USD 4-hour chart

  • EUR/USD is trading just above the 50 SMA and below 1.1500 figure.

EUR/USD 30-minute chart

  • Bears drove prices below the 50 SMA as 1.1470 is acting as resistance.
  • Bears are likely in control. Targets to the downside are seen near 1.1410 and the 1.1350 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.144
    Today Daily change: -37 pips
    Today Daily change %: -0.322%
    Today Daily Open: 1.1477
Trends:
    Previous Daily SMA20: 1.1394
    Previous Daily SMA50: 1.1374
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1643
Levels:
    Previous Daily High: 1.1484
    Previous Daily Low: 1.1396
    Previous Weekly High: 1.1586
    Previous Weekly Low: 1.1309
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1451
    Previous Daily Fibonacci 61.8%: 1.143
    Previous Daily Pivot Point S1: 1.1421
    Previous Daily Pivot Point S2: 1.1365
    Previous Daily Pivot Point S3: 1.1333
    Previous Daily Pivot Point R1: 1.1509
    Previous Daily Pivot Point R2: 1.1541
    Previous Daily Pivot Point R3: 1.1597

 

US Pres. Trump: Talks with China are going very well!

U.S. President Donald Trump, once again, said that talks with China were going "very well," via Twitter.
Read more Previous

Canada Exports came in at $48.33B below forecasts ($50.47B) in November

Canada Exports came in at $48.33B below forecasts ($50.47B) in November
Read more Next
Start livechat