The price still move on the range market, they formed a swing high and swing low on short term trading, although yesterday the price success to down, it not break the low and back the price move to middle range, this condition still indecision market, but still possible to take profit from swing high to swing low
Yesterday market, EURUSD move to rise but did not exceed the high, then price reverses back and drops, now landing on the swing low, based on the daily timeframe, still possible the price move on the daily range market, but need to pay attention to the further trend, when break low make increasing seller demand, it will make the trend continue to decline for long-distance.
BB indicator expanding on H1, the price at the lower band, RSI value 40, indicates a downtrend.
The price movement on EURUSD is very volatile today, the price drops but then moves to reverse and make the price move to another direction, overall market still moves on the daily range, here still giving chances to make profit from difference price movement.
RSI value 57 on hourly timeframe indicate a bullish trend, meanwhile bb line expanded as increase volatility mar
EURUSD price rose yesterday and formed high about 1.13596, but the price then pullback and now at 1.13316, the daily timeframe the price formed bulls pattern but still mot confirmed, the price still have two possibilities now, if the price break high again will possible to formed new trend for bullish, but if price rejected on this zone, possible price drops again on the previous range.
H1 timeframe now candle pattern formed bullish but still weak in volume, the price above MA line indicates an uptrend, and bb line expanding as increasing volatility, meanwhile RSI value 59 indicates uptrend still on the hand not yet enter the overbought zone.
Monday morning has come, EURUSD now at support zone, on Friday market, the price get a rejection on resistance zone and eventually make a pullback and move drops more deeply and reach the support zone based previous daily. there is no gap occurs on this morning
Based H1 timeframe now price move in low trading volume, RSI value 33 close to oversold area and become consideration because the price already on support zone, possible reversal or breakout
The price yesterday eventually moved up after Friday market down and fall on bottom support, but the rising price still only half of previous body candle, and formed small tail on the body candle, indicates reverse or consolidation price zone,
Based BB line now price at the middle band and MA line up as bullish signal indicati0on, but the price below the line indicates as downtrend movement.
EURUSD still moves on the daily range of market, although yesterday up but then down on small range, this is consolidation zone maybe still running on the week.
Go to the H1 timeframe, the price still moves on the bb line, it moves on upper band and the lower band as support and resistance, meanwhile RSI indicator level at 50, indicates indecision trend market.
EURUSD price already strong bullish today, but now the price at level 1.13233 already on the previous high, this possible become resistance zone based price history, and we can see on this zone occurs consolidation price, when consolidation success makes the price break high, hence strong bullish will continue, but when price rejected and cant break high, possible the price drop again.
on H! the candle formed retracement, and BB formed squeeze line, and RSI level 56 indicate uptrend, BB squeeze mean the volatility start to decrease before expanding and increasing volatility
The price still moves to bullish, but still holds by resistance daily, based price history the movement EURUSD still move on daily range market, there are possible on the short term will occur swing high to swing low, but Friday market sometimes the market randomly.
H1, the MA line formed a flat line and the price on the centerline, and also move on middle BB, it mean the price still on flat or sideways, RSI value 52 indicates above uptrend level
Monday morning has come, there are gaps occurs but only we can see on the small timeframe, although now the gap already covered by price movement, the price still move on the top daily range and has not yet succeeded to break high, seems the resistance still become strong zone to break, in this condition sometimes something maybe happens as surprising movement, if there are big seller come to the market, it possible make the price drops sharply, but this condition also become reversal pattern, the key is a swing high if break the high possible reversal