EUR/USD Technical Analysis: Euro near 1.1350 post-ECB Minutes


EUR/USD daily chart

  • EUR/USD is evolving in a bear trend below the 200-day simple moving average (SMA).
  • The ECB minutes of the January meeting confirmed the ECB’s increasing concerns regarding the economic slowdown. The confidence indicators though might prevent the central bank from twitching at the March meeting.

  • EUR/USD 4-hour chart

  • EUR/USD is currently testing the 100 SMA.

  • EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum.
  • A break above 1.1360 should reach 1.1380 and 1.1400 figure to the upside.
  • Looking down, support is at 1.1320 and 1.1280 key level.
  • Additional key levels:


        Today Last Price: 1.1354
        Today Daily change: 14 pips
        Today Daily change %: 0.12%
        Today Daily Open: 1.134
        Daily SMA20: 1.1366
        Daily SMA50: 1.1392
        Daily SMA100: 1.1399
        Daily SMA200: 1.1521
        Previous Daily High: 1.1373
        Previous Daily Low: 1.1325
        Previous Weekly High: 1.1344
        Previous Weekly Low: 1.1234
        Previous Monthly High: 1.1586
        Previous Monthly Low: 1.1289
        Daily Fibonacci 38.2%: 1.1343
        Daily Fibonacci 61.8%: 1.1354
        Daily Pivot Point S1: 1.1319
        Daily Pivot Point S2: 1.1298
        Daily Pivot Point S3: 1.1272
        Daily Pivot Point R1: 1.1367
        Daily Pivot Point R2: 1.1393
        Daily Pivot Point R3: 1.1414


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