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11 Apr 2019

EUR/USD Technical Analysis: Euro depressed near daily lows

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).


EUR/USD 4-hour chart

  • EUR/USD is trading just below the 100 SMAs.


EUR/USD 30-minute chart

  • EUR/USD is finding some support above 1.1250 and the 200 SMA. 
  • EUR/USD is seen remaining in a tight range for the remainder of the New York session. 
  • Resistances are seen at 1.1280, 1.1300 and 1.1330 while supports are at 1.1250 and 1.1220 level.

Additional key levels

 

Apr 11, 2019

USD/CHF Technical Analysis: Is there a top in the making for the Swissy?

USD/CHF daily chart USD/CHF is trading just below yesterday’s high. USD/CHF 4-hour chart The last bar had a long tail on top suggesting a potential pu
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Apr 11, 2019

BoE’s Carney: markets are not positioned for ‘no-deal’ Brexit risk

Carney says: Date of Brexit to have no effect on his tenure at BoE. Lack of agreement on brexit is a sign of global issues. No-deal Brexit would be fi
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