EURUSD tehnikal analysis

[radex78]

The market rules still in reality, when the downtrend market, the movement will last and will occur uptrend wave, EURUSD price soaring to continue previous bulls, the price formed new high than the previous high and formed long body candle.

Daily timeframe now prices still below MA 12 and middle band BB, the means-based indicator still in a downtrend market, but the price try to heading up and cross the line, although not yet achieved, RSI level 42 means still in downtrend zone level based indicator, while stochastic shows 66, means uptrend not yet enter overbought zone level based indicator.

H1 timeframe now the price level 1.10697 moves above MA 12 and middle band BB, means the uptrend based indicator, RSI level 69 means the price close to overbought zone level based indicator, while stochastic 39 means downtrend based indicator not yet enter oversold zone level.

Forex and CFDs are complex instruments and come with a high risk of losing
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[radex78]

Thursday market, EURUSD formed bearish candle, after the price success to a formed new high then get pressure from the seller and the price landed on half previous candle, now price is 1.09920.

Daily timeframe now shows the price below MA 12 lines indicates in downtrend based indicator, then RSI level 39 means the price in downtrend based indicator, stochastic level 67 means uptrend not yet enter overbought based indicator.

Hourly timeframe views, the price below MA 12 but try to head up, Bollinger band line start to flat, and price moves between the middle band and lower band line.RSI level 47 indicates the downtrend-based indicator level, stochastic 58 indicates uptrend based indicator.

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

 

[radex78]

EURUSD Current price 1.09317, it rises from opening price 1.09205 based FXOpen server, the gap has occurred on this pair but only can be seen on small timeframes like M5 or M1, for clear display gap focus on 1-minute timeframe. where opening price above previous closing price wth gaps between the candle.

The daily timeframe the two last candles formed bears candle, and moves at the lower band, while according to MA 12 the trend is still on downtrend market because the price below the MA line, RSI level 37 means downtrend market not yet entered oversold zone level based indicator, and stochastic show level 40 means downtrend market not yet enter oversold zone level based indicator.

Hourly now, the price below MA 12 line, means the trend is downtrend based indicator, RSI level 41 means downtrend based indicator, and stochastic level 57, indicates uptrend not yet enter overbought zone level based indicator

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

 

[radex78]

EURUSD today, current price 1.09431 based mt4 trading platform FXOpen, yesterday market the trend in correction stage, after before try to drops, but the price gets pressure from buyers and formed bulls candle with long wicks.

Daily timeframe now price below MA 12 and middle band lines, means still on downtrend market-based indicators, RSI level 38 means the downtrend level based indicator not yet enter oversold zone level, while stochastic level 30 indicates downtrend market not yet enter oversold zone level.

In hourly now, the price move crinkle on the middle band and MA 12 line, upper band and lower band formed flat or sideways market, RSI level 46 indicates downtrend based indicator, and stochastic level 11 indicate price on oversold zone level based indicator.

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

 

[radex78]

EURUSD today market at 1.09636, its not much different compared yesterday prices, based on candle pattern, it's formed lower high from the previous candle, means the bullish market still won on the pattern.

In the daily timeframe, now the price below MA 12 and middle band line, indicates a downtrend still occurs at the moment-based theory, RSI value 39 indicates downtrend-based theory, and stochastic level 30 also indicates downtrend-based theory.

in hourly timeframe now, the price try to crosses MA 12 from bottom to top line., but the price is still below middle band line, RSI level 49 indicates downtrend based theory, and stochastic level 92 already enter overbought zone level based indicator.

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

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[radex78]

EURUSD price today, 1.10135, the price formed new high if compared to a previous candle, the last pattern in a bullish market, but because volume trading is not too high, possible reversion based history probably the price will move on previous low.

Daily timeframe the price below MA 12 and middle band lines, indicates the trend still on downtrend market, RSI level now 42, means downtrend based indicator, while stochastic level shows 52, indicates uptrend based indicator not yet enter oversold zone level.

Hourly timeframe, the price tries to drops from upper band line, based MA 12 the trend still uptrend because the price above MA lines, RSI level shows 55 means uptrend based indicator level, while stochastic level shows 83, means already on overbought zone level based indicator

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

 

[radex78]

EURUSD today price 1.10941 price level based FXOpen broker trading platform. The price success to breaking hgh and formed new high, the long body candle indicates the bullishness in strong trading volume.

Daily timeframe, the price try to crosses MA 12 and middle band indicator, BB line start to formed flat, and RSI level 46 indicates downtrend based theory, and stochastic 74 level indicates uptrend not yet enter overbought zone level

Go to hourly timeframe, the price in consolidation, there is formed small candle body on few last candles, the price above MA line and middle band line, indicates uptrend based indicator, while RSI level 60 means uptrend on this timeframe and stochastic 10 indicates price already enter oversold zone; level based indicator.

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

 

[radex78]

EURUSD Current price 1.10435, there are no gap occurs on this Monday morning, the candle formed like an as normal candle, as usual, the price in March have tendencies to the bullish pattern since 7 March 2022.

Daily timeframe based indicator, the price below the middle band and MA 12 line, means downtrend based indicator, RSI level also show downtrend level 44, in middle value to determine uptrend and downtrend RSI is level 50, now below the value-based indicator still bearish, while stochastic level 67, it does not yet enter overbought zone level

In the hourly timeframe now, the price below MA 12 and middle band line indicate downtrend based indicator, RSI level 46 indicates downtrend based indicator, and stochastic level 23 means close tp oversold zone level based indicator.

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

 

[radex78]

EURUSD moves on the sideways market yesterday, the now price 1.10211 trying to test previous low, the candle now formed pennant candle, just like as mother candle has a baby.

In the daily timeframe, the price is now at a low price based on the previous candle, it is below MA 12 and the middle band line indicates downtrend based indicators, take look lower band line starts to slope up, which means volatility decreases on the long term. RSI level 43 indicates downtrend based indicator and stochastic level 49 shows downtrend not yet entered oversold zone level

In the H1 timeframe, the current price at the lower band, the Bollinger band in low volatility, but start to expanding, means increasing volatility at short term, RSI level 41 means downtrend based indicator, and stochastic level 26 already get out from oversold zone level and try to push the price up.

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

 

[radex78]

EURUSD today price 1.10306 based MT4 trading platform FXOpen, the price yesterday success to break low and formed new low, but then there are buyer pressure and make the candle formed long wick as pin bar candle, this is reversal candle based theory.

Daily timeframe the price below MA 12 and middle band line, means downtrend based indicator, and RSI level 43 means downtrend based indicator. while Bollinger band line start to narrowed where the lower band start sloping up, based on stochastic level 41 in a downtrend

Go to the H1 timeframe, the price above MA 12 and middle band line indicator, means at short term current trend is uptrend based indicator, the price move between the middle band and upper band line where the possible resistance 1.10470 at near future. RSI level 52 indicates an uptrend, stochastic level 52 sloping down.

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