EUR/GBP Technical Analysis: Euro is dropping to new 2019 lows against Sterling

EUR/GBP daily chart

  • EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs).

EUR/GBP 4-hour chart

  • EUR/GBP is dropping below the main SMAs as the market is printing new 2019 lows.

EUR/GBP 30-minute chart

  • The bears are in control of the market as EUR/GBP is trading below its main SMAs.
  • The next level of support is seen at 0.8650 and 0.8600 figure.  

Additional key levels

EUR/GBP

Overview:
    Today Last Price: 0.8675
    Today Daily change: - 33 pips
    Today Daily change %: -0.38%
    Today Daily Open: 0.8708
Trends:
    Daily SMA20: 0.8923
    Daily SMA50: 0.8933
    Daily SMA100: 0.8885
    Daily SMA200: 0.8867
Levels:
    Previous Daily High: 0.8784
    Previous Daily Low: 0.8698
    Previous Weekly High: 0.8988
    Previous Weekly Low: 0.8764
    Previous Monthly High: 0.9089
    Previous Monthly Low: 0.8863
    Daily Fibonacci 38.2%: 0.8731
    Daily Fibonacci 61.8%: 0.8751
    Daily Pivot Point S1: 0.8676
    Daily Pivot Point S2: 0.8644
    Daily Pivot Point S3: 0.8591
    Daily Pivot Point R1: 0.8761
    Daily Pivot Point R2: 0.8815
    Daily Pivot Point R3: 0.8847

 

US Leading Economic Index: Still a weak trend  - Wells Fargo

The Leading index dropped 0.1% in December. Analysts at Wells Fargo explained that most of the drop was due to the stock market correction but they wa
Đọc thêm Previous

EUR/USD erases Draghi-inspired gains, slumps to 5-week lows below 1.13

The EUR/USD pair moved sideways a little below the 1.14 during the first half of the day and fluctuated sharply following the ECB's monetary policy an
Đọc thêm Next