EUR/USD Technical Analysis: 1.1470 is the next pit-stop for bulls

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). 
  • EUR/USD is testing 1.1400 and the 50/100-day SMAs.

EUR/USD 4-hour chart

  • EUR/USD is trading above the main SMAs suggesting bullish momentum.


EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting a bullish bias. 
  • The 1.1381 and 1.1390 short-term targets have been reached. On the bigger picture, 1.1470 is most likely the next pit-stop for bulls.
  • Support is at 1.1350, 1.1339 and 1.2970 level.

 

Additional key levels 

EUR/USD

Overview:
    Today Last Price: 1.1392
    Today Daily change: 30 pips
    Today Daily change %: 0.26%
    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

 

South Korea BOK Manufacturing BSI increased to 74 in March from previous 67

South Korea BOK Manufacturing BSI increased to 74 in March from previous 67
Read more Previous

NZD/USD advances to 3-week highs above 0.69 ahead of NZ trade data

The NZD/USD pair, which started the week on a positive note on hopes of the U.S. and China reaching a trade deal, caught a fresh big wave in the last
Read more Next