OctaFX | OctaFX Forex Broker
Open trading account

EUR/USD Technical Analysis: Euro currently supported near the 1.1400 figure

EUR/USD Daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMAs).  
  • EUR/USD is finding some mild support at the 50 SMA.
  • Investors must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal at 19.00 GMT this Wednesday.

EUR/USD 4-four chart

  • EUR/USD is trading just below the 200 SMA. 

EUR/USD 30-minute chart

  • After Tuesday’s drop EUR/USD is set to remain in a tight range on Wednesday as bears will try to break below 1.1380 and bulls will attempt a break of the 1.1420 resistance. 
  • Caution is advised as Brexit-related news can indirectly affect EUR/USD. 

Additional key levels 


    Today Last Price: 1.1396
    Today Daily change: -17 pips
    Today Daily change %: -0.149%
    Today Daily Open: 1.1413
    Previous Daily SMA20: 1.1432
    Previous Daily SMA50: 1.1385
    Previous Daily SMA100: 1.1471
    Previous Daily SMA200: 1.1619
    Previous Daily High: 1.1491
    Previous Daily Low: 1.1382
    Previous Weekly High: 1.1571
    Previous Weekly Low: 1.1396
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1424
    Previous Daily Fibonacci 61.8%: 1.145
    Previous Daily Pivot Point S1: 1.1366
    Previous Daily Pivot Point S2: 1.1319
    Previous Daily Pivot Point S3: 1.1257
    Previous Daily Pivot Point R1: 1.1476
    Previous Daily Pivot Point R2: 1.1538
    Previous Daily Pivot Point R3: 1.1585


US: NAHB Builder Confidence improves to 58 in January vs. 56 expected

"Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January," the Nationa
Read more Previous

United States EIA Crude Oil Stocks change below expectations (-1.323M) in January 11: Actual (-2.683M)

United States EIA Crude Oil Stocks change below expectations (-1.323M) in January 11: Actual (-2.683M)
Read more Next
Start livechat