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EUR/USD Technical Analysis: Slow bearish grind below 1.1400 figure 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 4-hour chart

  • EUR/USD is trading just below the 1.1400 figure and its main SMAs.


EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs suggesting bearish momentum. 
  • A bearish break below 1.1380 would open the doors to the 1.1320 level. 
  • On the flip side, bulls need to initially regain the 1.1400 figure followed by 1.1420 and 1.1460 level.

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1391
    Today Daily change: -22 pips
    Today Daily change %: -0.19%
    Today Daily Open: 1.1413
Trends:
    Daily SMA20: 1.1423
    Daily SMA50: 1.1401
    Daily SMA100: 1.1437
    Daily SMA200: 1.1554
Levels:
    Previous Daily High: 1.1453
    Previous Daily Low: 1.1401
    Previous Weekly High: 1.1516
    Previous Weekly Low: 1.139
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1421
    Daily Fibonacci 61.8%: 1.1433
    Daily Pivot Point S1: 1.1392
    Daily Pivot Point S2: 1.1371
    Daily Pivot Point S3: 1.1341
    Daily Pivot Point R1: 1.1443
    Daily Pivot Point R2: 1.1473
    Daily Pivot Point R3: 1.1494

 

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