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EURUSD TECHS
Foreign Exchange Technical Analysismarkets-real-timeBulletMarketsForeign Exchange
  • RES 4: 1.1076 High Apr 1
  • RES 3: 1.0967 50-day EMA
  • RES 2: 1.0820/0936 20-day EMA / High Apr 21
  • RES 1: 1.0655/0758 High Apr 27 / Low Apr 14 - recent breakout level
  • PRICE: 1.0486 @ 13:23 BST Apr 28
  • SUP 1: 1.0454 Low Jan 1 2017
  • SUP 2: 1.0390 Low Jan 4 2017
  • SUP 3: 1.0341 Low Jan 3 2017 and a key support
  • SUP 4: 1.0333 1.236 proj of the Feb 10 - Mar 7 - 31 price swing

EURUSD selling pressure continues to drive prices lower. The pair has traded below 1.0494, the Feb 22 2017 low. The move lower once again confirms an extension of the bearish price sequence of lower lows and lower highs, that defines a downtrend. Further weakness is likely and the focus is on 1.0454 next, the Feb 22 2017 low. Key short-term resistance has been defined at 1.0936, the Apr 21 high. Initial firm resistance is at 1.0758.

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  • RES 4: 1.1076 High Apr 1
  • RES 3: 1.0967 50-day EMA
  • RES 2: 1.0820/0936 20-day EMA / High Apr 21
  • RES 1: 1.0655/0758 High Apr 27 / Low Apr 14 - recent breakout level
  • PRICE: 1.0486 @ 13:23 BST Apr 28
  • SUP 1: 1.0454 Low Jan 1 2017
  • SUP 2: 1.0390 Low Jan 4 2017
  • SUP 3: 1.0341 Low Jan 3 2017 and a key support
  • SUP 4: 1.0333 1.236 proj of the Feb 10 - Mar 7 - 31 price swing

EURUSD selling pressure continues to drive prices lower. The pair has traded below 1.0494, the Feb 22 2017 low. The move lower once again confirms an extension of the bearish price sequence of lower lows and lower highs, that defines a downtrend. Further weakness is likely and the focus is on 1.0454 next, the Feb 22 2017 low. Key short-term resistance has been defined at 1.0936, the Apr 21 high. Initial firm resistance is at 1.0758.