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EUR/USD Technical Analysis: Euro trades above 1.1200 level as NFP disappoints

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving averages.
  • The US NFP came below expectations at 20K vs. 180K forecast by analysts sending the USD down.


EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term.


EUR/USD 30-minute chart

  • EUR/USD is trading above its 50 SMA suggesting a consolidation phase.
  • Resistances to the upside are at 1.1240, 1.1260 and 1.1300 level.
  • Support is at 1.1180 and 1.1140 level. 

 

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1231
    Today Daily change: +49 pips
    Today Daily change %: 0.44%
    Today Daily Open: 1.1182
Trends:
    Daily SMA20: 1.1323
    Daily SMA50: 1.1382
    Daily SMA100: 1.1378
    Daily SMA200: 1.1501
Levels:
    Previous Daily High: 1.1322
    Previous Daily Low: 1.1176
    Previous Weekly High: 1.1422
    Previous Weekly Low: 1.1328
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1232
    Daily Fibonacci 61.8%: 1.1266
    Daily Pivot Point S1: 1.1131
    Daily Pivot Point S2: 1.1081
    Daily Pivot Point S3: 1.0986
    Daily Pivot Point R1: 1.1277
    Daily Pivot Point R2: 1.1372
    Daily Pivot Point R3: 1.1422

 

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