EUR/USD Technical Analysis: All eyes on FOMC Minutes as Euro trades near 1.1340 level
EUR/USD daily chart
- EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
- Traders are awaiting the release of the FOMC Minutes at 19.00 GMT. The news can potentially provide high volatility in the financial markets and especially in USD-related pairs.
EUR/USD 4-hour chart
- EUR/USD is trading between the 50 and 100 SMAs suggesting sideways action in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading in a tight range on Wednesday. It is above the main SMAs suggesting bullish momentum in the short-term.
- A break above 1.1360 should lead to 1.1380 and 1.1400 figure.
- To the downside, support is seen at 1.1330 and 1.1280 key level.
Additional key levels
EUR/USD
Overview:
Today Last Price: 1.1337
Today Daily change: -6 pips
Today Daily change %: -0.05%
Today Daily Open: 1.1343
Trends:
Daily SMA20: 1.1368
Daily SMA50: 1.1392
Daily SMA100: 1.14
Daily SMA200: 1.1524
Levels:
Previous Daily High: 1.1358
Previous Daily Low: 1.1276
Previous Weekly High: 1.1344
Previous Weekly Low: 1.1234
Previous Monthly High: 1.1586
Previous Monthly Low: 1.1289
Daily Fibonacci 38.2%: 1.1327
Daily Fibonacci 61.8%: 1.1307
Daily Pivot Point S1: 1.1293
Daily Pivot Point S2: 1.1243
Daily Pivot Point S3: 1.121
Daily Pivot Point R1: 1.1376
Daily Pivot Point R2: 1.1409
Daily Pivot Point R3: 1.1459