EUR/USD Technical Analysis: Euro holding above 1.1350 ahead of Fed's Powell
EUR/USD daily chart
- EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).
- US Federal Reserve Chairman, Jerome Powell will be testifying at 14.45 GMT.
EUR/USD 4-hour chart
- EUR/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase.
EUR/USD 30-minute chart
- EUR/USD is trading above its main SMAs suggesting bullish momentum.
- Bulls will need to break 1.1372 to reach 1.1381 and 1.1390 in the short-term. On the bigger picture, 1.1400 is likely on the cards.
- Support is at 1.1346, 1.1339 and 1.2970 level.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1357
Today Daily change: -5 pips
Today Daily change %: -0.04%
Today Daily Open: 1.1362
Trends:
Daily SMA20: 1.136
Daily SMA50: 1.1392
Daily SMA100: 1.1394
Daily SMA200: 1.1515
Levels:
Previous Daily High: 1.1368
Previous Daily Low: 1.1328
Previous Weekly High: 1.1373
Previous Weekly Low: 1.1276
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1353
Daily Fibonacci 61.8%: 1.1344
Daily Pivot Point S1: 1.1337
Daily Pivot Point S2: 1.1313
Daily Pivot Point S3: 1.1297
Daily Pivot Point R1: 1.1377
Daily Pivot Point R2: 1.1393
Daily Pivot Point R3: 1.1417