EUR/USD Technical Analysis: Best daily advance since early July for Euro bulls

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 had the best daily advance since early July sending the market above the 1.1400 figure and the 50 and 200 SMA. 


EUR/USD 30-minute chart

  • EUR/USD broke above its main SMAs suggesting bullish momentum.
  • To the upside, the 1.1430 and 1.1470 targets remain firmly in place.
  • To the downside, investors can expect support near 1.1380 and 1.1350 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1415
    Today Daily change: 107 pips
    Today Daily change %: 0.95%
    Today Daily Open: 1.1308
Trends:
    Daily SMA20: 1.142
    Daily SMA50: 1.139
    Daily SMA100: 1.1452
    Daily SMA200: 1.1584
Levels:
    Previous Daily High: 1.1393
    Previous Daily Low: 1.1289
    Previous Weekly High: 1.1491
    Previous Weekly Low: 1.1353
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1329
    Daily Fibonacci 61.8%: 1.1353
    Daily Pivot Point S1: 1.1267
    Daily Pivot Point S2: 1.1227
    Daily Pivot Point S3: 1.1164
    Daily Pivot Point R1: 1.1371
    Daily Pivot Point R2: 1.1433
    Daily Pivot Point R3: 1.1474

 

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