EURUSD tehnikal analysis by FXOpen

[yussv]

EURUSD today's price is 1.06861 on MT4 FXOpen. Today no gap occurs in the market, the price tried to form a bull candle since opening.

In the daily timeframe, EURUSD now moved above the middle band line below the upper band line and draws a sideways market. The MA 50 below yje price still draws descending line giving the neutral signal, meanwhile, the RSI level 55 indicates the prices are above the uptrend zone level.

In the H1 timeframe, EURUSD still moves in the range of the Bollinger band near 1.06951 and 1.06223. The Bollinger band squeeze was waiting for a breakout. Here the MA 50 is flat indicating a sideways market and the RSI level is 53 which means the prices are above the uptrend zone level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

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[radex78]

EURUSD today's price is 1.07007 on MT4 FXOpen. Yesterday the price formed a bullish candle with a small shadow at the bottom candle.

In the daily timeframe, we can see now the EURUSD price mobe between the upper band and middle band line. Here the middle band line draws the ascending line, despite the MA 50 still drawing a descending line. The Bollinger band expands indicating the market increase volatility, meanwhile the RSI level is 57 which means the prices are above the uptrend zone level.

In the H1 timeframe, EURUSD now moved between upper and middle band lines. Here the price is near the resistance zone-based upper band, meanwhile, the MA 50 draws a flatten indicating a new transition signal occurs. The RSI level is 59 which means the prices are above the uptrend zone level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD is currently at 1.08463 on FXOpen MT4. Yesterday the price formed a bearish candle after a long rally.

On the daily time frame, the EURUSD price is currently near the upper band line, the price is trying to re-enter the band line after the breakout occurred the previous day. Here the Bollinger band widens, indicating increased market volatility, while the MA 50 is flat, indicating a sideways market in the long term. On the other hand, the RSI is at level 66, meaning the price is above the uptrend line near the overbought zone level.

Meanwhile, in the H1 timeframe, the price is currently near the middle band and there is a Bollinger band squeeze in this timeframe. MA 50 shows an ascending line giving an indication of an uptrend while RSI is at level 51 which means the price is above the uptrend level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 1.08544 on MT4 FXOpen. Yesterday the price forming doji candle with long wick on top candle.

In the daily timeframe, the EURUSD prices move near upper band line and in here past three days moved in the range swing high near 1.08927 and swing low near 1.08242. The Bollinger band expands here indicating the market in high volatility, meanwhile, the MA 50 draws a flat line indicating a sideways market, and the RSI level shows 66 which means the prices are above the uptrend zone level near the upper band line.

In the H1 timeframe, there are flat lines here, the Bollinger band squeeze, and the MA 50 flat indicating a sideways market. The price moved near the middle band and the MA 50 now. Meanwhile, the RSI level 51 which means the prices are above the uptrend zone level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.[/]

 

[radex78]

EURUSD today's price is 1.09132 on MT4 FXOpen. The prices formed long body bullish candle last week.

In the daily timeframe, we can see the EURUSD now crosses the upper band line indicating a strong uptrend. Here we can see the price outside the band line and the Bollinger band line expands indicating the market in high volatility. Meanwhile, the MA 50 draws flat indicating a new transition trend may occur. And the RSI level is 69 which means the prices are above the uptrend zone level.

In the H1 timeframe, EURUSD now moved near the upper band line, here we can see the Bollinger band expands indicating the market in high volatility, meanwhile, the MA 50 is flat indicating a sideways market. And here the RSI level shows 67 which means the prices are above uptrend zone level near the overbought zone level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 1.09435 on MT4 FXOpen. Yesterday the price formed a bullish candle with short tails above and below the candlestick.

On the daily time frame, the EURUSD price is currently near the upper band line. There the Bollinger bands widen, indicating an increase in market volatility. Meanwhile, the 50 MA is far below the price, drawing a flat line, an indication that a trend transition may occur. Meanwhile, the RSI level is 71, which means the price has entered the overbought zone.

In the H1 timeframe, EURUSD is currently near the middle band line with a Bolinger band squeeze indicating a sideways trend waiting for a breakout. MA 50 below the price draws an ascending line indicating an upward trend, while RSI level 64 means the price is above the uptrend level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 1.09167 on MT4 FXOpen, yesterday the price formed a bearish candle with a long wick on a top candle.

EURUSD failed to continue the bullish trend and encountered resistance in the 1.09710 zone, the price fell again and reached a low of 1.08996.

In the daily time frame, the price is currently near the upper band above the middle band line, there the Bollinger band still appears to be expanding, indicating high volatility, while the MA 50 below the price forms a flat line. And RSI level 67 indicates an upward trend near the overbought zone.

In the H1 timeframe, the price is currently near the middle band below the MA 50 which forms a flat line, here the Bollinger band widens, indicating increased volatility, while the RSI level is 41, which means the price is below the downtrend level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today.s price is 1.08875 on MT4 FXOpen, yesterday the price formed a bearish candle with a long wick at the bottom of the candle giving an indication that behind the declining price, there were buyers who pushed the price back up.

On the daily timeframe, the EURUSD price is currently moving between the middle and upper band lines. Here the Bollinger band is still wide, an indication of high market volatility, while the MA 50 is flat, far below the price, an indication that a trend transition may occur in the long term.

In the H1 timeframe, the EURUSD price is currently moving near the middle band line which functions as the first resistance in the middle of a downtrend, the Bollinger band is wide, an indication of high volatility, and the MA 50 is far above the price drawing a descending channel, an indication of a downward trend, while the RSI level 44 indicates the price is below the downtrend zone. .

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 1.09053 on MT4 FXOpen. Yesterday the price formed a bullish candle with a short tail on the top candle.

On the daily timeframe, the EURUSD price is currently moving below the upper band above the middle band line. The Bollinger band itself expands to signal high market volatility. MA 50 is far below the price forming a flat channel, giving a signal that a new trend transition is forming. MA is a lagging indicator that gives signals after a trend is formed. Meanwhile the RSI is at level 65 which means the price is above the uptrend level.

In the H1 timeframe, the price moved flat in the last few hours where the price moved near the flat middle band line. The Bollinger band is narrowing, indicating decreasing market volatility, while the RSI is at level 51, which means the price is above the uptrend level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD price today at 1.09297 on FXOpen MT4. At the end of last week the price formed a bullish candle with small tails on the top and bottom of the candle.

In the Daily timeframe, the EURUSD price is currently moving below the upper band above the middle band. MA 50 is far below the price forming an upward channel indicating an upward trend. Meanwhile, the Bollinger band line widened, indicating high market volatility. And RSI level 67 which means the price is above the uptrend zone.

In the H1 timeframe, the price is seen forming a reversal pattern, there is a bearish candlestick appearing at the end of the time trying to penetrate the middle band line which is the first support in the uptrend market. MA 50 is far below the price forming an upward channel, indicating an upward trend, while RSI level 51 means the price is above the uptrend level.

Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.