EURUSD tehnikal analysis

[radex78]

EURUSD today's price is 1.08664 based MT4 terminal platform at the time of writing.

In the last week's market, EURUSD moved and formed a bearish candle and landed low on 1.08379.

In the daily timeframe, today's price still moves above MA 20 and the middle band line indicating the price is still on an uptrend market-based moving average. While the Bollinger band shows a wide range of upper and lower band lines indicating high volatility with a support-based lower band near 1.05517. While the RSI indicator shows level 62 with a line slope down from the overbought zone level indicating the price tries to move reversion.

In the hourly timeframe, we can see the EURUSD price now move below the moving average of 20 and the middle band line indicating the price tends to a downtrend market. Here the Bollinger band draws to flat indicating the price trying to move in a consolidation phase. While the RSI level shows 43 indicating the price moved below the downtrend zone level.

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

 

[radex78]

EURUSD today's price is 1.08190 based MT4 terminal platform of FXOpen. The price formed a bearish candle yesterday.

In the daily timeframe, we can see the EURUSD price move near the moving average of 20 above the middle band line. Although the price is still in the uptrend-based indicator, however, the rising price is already weak, here Bollinger band draws to narrow indicating lower volatility may occur, while RSI out from the overbought zone level now draws level 60 with a flat line.

EURUSD in the hourly timeframe,the price moved near the lower band line and seems consolidated on this zone level price after the drop yesterday. The price move below the moving average of 20 and the middle band line indicates a downtrend-based indicator, while RSI level 39 means the prices are below the downtrend zone level.

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

 

[radex78]

EURUSD price today is 1.09881 based MT4 terminal platform FXOpen. Yesterday the price formed a strong bullish and successfully break high.

In the daily timeframe, we can see the EURUSD price now moves near the upper band line which acts as a dynamic resistance. EURUSD ended the consolidation zone and eventually rose to continue the uptrend. Bollinger band line draws to narrow there is an indication of decreasing volatility. Support target near middle band roughly 1.08367. While the RSI indicator shows level 70 which means the prices entering in the overbought zone level.

EURUSD in the hourly timeframe, the price broke the upper band line and formed a long bullish candle, and recently the price moves in the consolidation stage. Bollinger band expanding means increased volatility. While the RSI indicator shows level 81 which means the prices are already in the overbought zone level.

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

 

[radex78]

EURUSD today's price is 1.09097 based MT4 terminal platform FXOpen. The price drops again after reaching the upper band line.

EURUSD in the daily timframe we can see the price now move above middle band and moving average. Here moving average acts as the first dynamic support amid an uptrend market. The Bollinger band starts drawing to narrow indicating decreased volatility. While the RSI level shows 61 which means the price is above the uptrend zone level. Yesterday's high is 1.10330 and formed a low of 1.08857.

In the hourly timeframe EURUSD now move in flat condition after dips drop yesterdat. The last candle shows a small body candle formed indicating low volatility. The price still below moving average and middle band line, while the Bollinger band draws wide range of bands indicating occur high volatility yesterday. RSI indicator shows level 39 indicating the price below downtrend zone level.

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

 

[radex78]

EURUSD today's price is 1.07845 at the time of writing based MT4 terminal platform FXOpen. There is a gap occurring in this pair.

In the daily timeframe we can see the EURUSD price opening price below the previous closing price of the candle. The price now moves below the moving average of 20 and the middle band line, the next target-based lower band line near 1.07235. Here Bollinger band draws to flat indicating a price reversion signal after an uptrend market. While the RSI indicator shows level 49 which means the price is below the downtrend zone level.

EURUSD hourly timeframe, the gap seen on this timeframe and the price tries to recover the gap. Here we can see the Bollinger band draws to expanding which means high volatility occurs, while the RSI indicator shows a level oversold at 25.

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

 

[radex78]

EURUSD today's price is 1.07259, the price continues to decline on Monday market.

EURUSD in the daily timeframe formed a bearish candle, and now the price is moving near the lower band line. The price also moves below the moving average 20 which means a downtrend market. Here we can see the Bollinger band draws a small range, however, the price tries to break the lower band line, while the RSI indicator shows level 45 which means the price is below the downtrend zone level.

In the hourly timeframe, EURUSD now moves below the moving average of 20 and the middle band line, while the Bollinger band looks to expand which means higher volatility. The price is now 1.07248 at the time of writing still possible to drop, however, RSI gives alerts the price already entering the oversold zone level.

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

 

[radex78]

EURUSD shows slow decline yesterday, the price formed small bearish candle with higher low. Small tradung volume shaped candle small body.

At the time of writing EURUSD's price is 1.07144 based MT4 terminal platform FXOpen. The price in the daily timeframe now move consolidated near lower band's line. The price tries to break lower band but the small volume still prevent the price breakout. RSI shows level 44 indicates the price below downtrend zone level.

In the hourly timeframe, the price move consolidation in narrow trading range. Bollinger band squeeze waiting for breakout. Whilw RSI indicator level 42 indicates the price still move below downtrend zone level.

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

 

[radex78]

EURJPY still move in the low range yesterday, the price fail to reach MA 20 and rebound to the current price is 1.07378 based MT4 terminal platform FXOpen.

In the daily timeframe, EURUSD moves near the lower band line, here Lower band line still becomes a support zone where the price gets rejected, and the price is still hard to break the low, however, if the price succeeds in breaking the low, it is possible to continue to decline. Bollinger band line draws to flat indicating a sideways market, while RSI shows level 46 which means the price is below the downtrend zone level.

EURUSD in the hourly timeframe, the price moved below the middle band above the lower band, last few hours the price movement is so weak in a small trading range. Bollinger band draws to narrow which means lower volatility. While the RSI indicator gives a signal level price below the downtrend zone.

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

 

[radex78]

EURUSD price today is 1.06805 based on MT4 terminal FXOpen at the time of writing. In the last week, the price forms a bearish candle.

In the daily timeframe, EURUSD now moves below the moving average and middle band line which means the price tends in downtrend market. Here we can see the Bollinger band expands which means there is high volatility occurs. However the price is already near a previous low, its a warning possibility back to the price range. While the RSI level shows a number 42 which means the price is below the downtrend zone level.

In the hourly timeframe, EUUSD now moves near the middle band and tries to reach the MA line. Bollinger band draws to descending line indicating a downtrend market with normal volatility. While RSI shows a number of 37 which means the price is still below the downtrend zone level in this timeframe.

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

 

[radex78]

EURUSD today's price is 1.07223 based MT4 terminal platform FXOpen, yesterday the price formed a bullish candle with a high lower.

In the daily timeframe, EURUSD still moves below the middle band line and moving average, 20, the price move near the lower band line. Although yesterday formed a lower low, however, the price rebounded and formed a bull's candle. Bollinger band trying to expand but not means the breakout. RSI shows number 46 which means the price is below the downtrend zone level.

EURUSD in the hourly timeframe, we can see the price move above the moving average 20 and the middle band line near the upper band line, based on MA the current is the uptrend on this timeframe, and the Bollinger band draws to expand indicating higher volatility occurs, while RSI shows number 52 which means the price above uptrend zone level.

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