- EUR/USD is trading in a bear trend below the 200-period simple moving average.
- EUR/USD hit the 1.1400 target as the market reclaimed the 50 and 100-period simple moving average. Technical indicators remain strong.
- The next target for bulls is seen at 1.1450 while a break below 1.1300 on a daily closing basis would be seen as a bearish continuation.
Additional key levels at a glance:
EUR/USD
Overview:
Last Price: 1.1405
Daily change: 73 pips
Daily change: 0.644%
Daily Open: 1.1332
Trends:
Daily SMA20: 1.1379
Daily SMA50: 1.1515
Daily SMA100: 1.1566
Daily SMA200: 1.1819
Levels:
Daily High: 1.1363
Daily Low: 1.1271
Weekly High: 1.15
Weekly Low: 1.1316
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1328
Daily Fibonacci 61.8%: 1.1306
Daily Pivot Point S1: 1.1281
Daily Pivot Point S2: 1.123
Daily Pivot Point S3: 1.1189
Daily Pivot Point R1: 1.1373
Daily Pivot Point R2: 1.1414
Daily Pivot Point R3: 1.1466
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
USD/JPY holds positive ground around 151.50 following Japanese CPI data
The USD/JPY pair holds positive ground for the second consecutive day near 151.45 on Friday during the early Asian trading hours. The cautious approach from the Bank of Japan to keep monetary conditions accommodative exerts some selling pressure on the Japanese Yen.
AUD/USD holds above 0.6500 in thin trading
The Australian Dollar managed to recover ground against its American rival after AUD/USD fell to 0.6484. The upbeat tone of Wall Street underpinned the Aussie despite broad US Dollar strength and tepid Australian data.
Gold price finishes Thursday’s session set to reach new all-time highs
Gold price rallied during the North American session on Thursday and hit a new all-time high of $2,225 in the mid-North American session. Precious metal prices are trending higher even though US Treasury yields are advancing, underpinning the Greenback.
Bitcoin price extends retreat from $69K as old whales shift their holdings to new whales
Bitcoin price continues to move further away from the $69,000 threshold, gaining ground as BTC bulls hope for a retest of the $73,777 peak. This is because of the general assumption that clearing this blockade would set the tone for a reach higher, marking a new all-time high.
Bears have been standing before a steamroller so far this year
Despite a pushback on rate cuts from Christopher Waller, and what was supposed to be cautious trading sentiment ahead of critical US inflation data released later on Friday, the S&P 500 rose on Thursday, marking its best first-quarter performance in five years.