EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session
EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
- EUR/USD reached the 1.1350 target as forecast.
EUR/USD 4-hour chart
- EUR/USD is now trading just above the 50 SMA as technical indicators are decelerating.
EUR/USD 30-minute chart
- EUR/USD broke below the 200 SMA.
- The path of least resistance is to the downside and the market might be set for continued weakness towards 1.1320 and 1.1300 figure in the coming sessions.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1355
Today Daily change: 10 pips
Today Daily change %: 0.0881%
Today Daily Open: 1.1345
Trends:
Previous Daily SMA20: 1.1357
Previous Daily SMA50: 1.1443
Previous Daily SMA100: 1.1527
Previous Daily SMA200: 1.176
Levels:
Previous Daily High: 1.1382
Previous Daily Low: 1.132
Previous Weekly High: 1.1402
Previous Weekly Low: 1.1267
Previous Monthly High: 1.15
Previous Monthly Low: 1.1216
Previous Daily Fibonacci 38.2%: 1.1343
Previous Daily Fibonacci 61.8%: 1.1358
Previous Daily Pivot Point S1: 1.1316
Previous Daily Pivot Point S2: 1.1287
Previous Daily Pivot Point S3: 1.1254
Previous Daily Pivot Point R1: 1.1378
Previous Daily Pivot Point R2: 1.1411
Previous Daily Pivot Point R3: 1.144