EURUSD tehnikal analysis

[radex78]

EURUSD price today at 1.09464 on MT4 FXOpen. Prices are still moving near the middle band line and forming a indecision market.

On the daily timeframe, prices move between the lower band and middle band line. Here the Bollinger bands begin to appear narrower, indicating a decrease in market volatility. MA 50 near the lower band forms an upward channel indicating an uptrend. On the other hand, the RSI shows level 51, meaning the price is above the uptrend level.

In the H1 timeframe, prices tend to move sideways within the band line. Here the Bollinger band forms a narrow flat channel indicating a sideways market, the nearest support is around 1.09344 and the resistance is near 1.0960. Meanwhile, the RSI shows level 45, meaning the price is below the downtrend level.

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

 

[radex78]

EURUSD price today is 1.08776 on MT4 FXOpen. Yesterday's price formed a bearish candle with a long body approaching the lower band line.

On the daily timeframe, the price is now moving near the lower band. Here the Bollinger bands appear to be starting to expand, indicating an increase in market volatility. The 50 MA above the price forms an upward channel with a new trend transition. On the other hand, the RSI shows level 44, meaning the price is moving below the downtrend level.

In the H1 timeframe, the price is now moving below the middle band line. Here the Bollinger bands form a downward channel, but the bands begin to narrow, indicating decreasing volatility. The MA 50 near the upper band is still forming a descending channel indicating a downtrend in this time frame. Meanwhile, the RSI shows level 37, meaning the price is moving below the downtrend level.

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

 

[radex78]

EURUSD price today is 1.08986 on MT4 FXOpen. The price forms a bullish candle after the hammer appears.

On the daily timeframe, the price moves near the lower band and appears to be trying to cross the MA 50 which is still forming an upward channel. Here the Bollinger bands form a flat channel with a wide distance indicating high market volatility. On the other hand, the RSI shows level 46, meaning the price is below the downtrend level.

In the H1 timeframe, it can be seen that the price is forming an upward wave and has crossed the MA 50 which forms a descending channel. Here the Bollinger bands begin to appear to expand, indicating increasing market volatility. On the other hand, the RSI shows level 64, meaning the price is above the uptrend level and is trying to approach the overbought level.

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

 

[radex78]

EURUSD price today at 1.08770 on FXOpen MT4. Price formed a Doji candle yesterday with long tails on both sides.

In the daily timeframe, the EURUSD price moves near the lower band and MA 50. Here it appears that the Bollinger band is slightly expanding, an indication of increasing market volatility.

Meanwhile, the MA 50 above the price is still forming an upward channel indicating an uptrend in this time frame. Meanwhile, the RSI shows level 44, meaning the price is below the downtrend level.

In the H1 timeframe, the price moves near the middle band and MA 50. Here the price appears to be trying to cross the middle band line and MA 50. The Bollinger band indicator appears to form a flat channel indicating a sideways market with medium volatility. MA 50 forms a flat channel near the middle band indicating a sideways market.

Meanwhile, the RSI shows level 52, meaning the price is above the uptrend level. Target resistance near the upper band is around 1.0900 and support near the lower band is around 1.0846

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

 

[radex78]

EURUSD price today at 1.08920 on MT4 FXOpen. The price forms a small body bull candle, an indication of weak market volatility.

On the daily timeframe the price is now moving near the lower band line with a low point at 1.08462. Here the Bollinger bands form a flat channel and there is a narrowing of the band indicating volatility which appears to be decreasing. Prices managed to cross the middle band on January 12 and began to show prices below the middle band, an indication of a market downtrend. MA 50 forms an upward channel above the price, there is an indication of an uptrend, but the price has managed to cross this zone downwards. Meanwhile, the RSI shows level 46, meaning the price is moving below the downtrend level.

In the H1 timeframe, prices tend to be flat moving between the middle band and upper band. Here the Bollinger band forms a narrow band, indicating weak market volatility. The MA 50 below the price also forms a flat channel indicating a sideways market. And the RSI shows level 56, meaning the price is moving above the uptrend level.

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

 

[radex78]

EURUSD price today1.08833 on MT4 FXOpen. Yesterday's price formed a bearish candle with a long shadow on the top candle.

On the daily timeframe, prices tend to move in a range during this week where prices move between the middle and lower band lines. Here, even though the Bollinger band is expanding, recent price movements are consolidating below the 50 MA which forms an upward channel. On the other hand, the RSI shows level 45, which means the price is moving below the downtrend level.

In the H1 timeframe, the price is now moving near the lower band line. Here it appears that the Bollinger bands are forming a downward slope, an indication of the market's trend in bearish sentiment. Here the MA 50 is near the middle band forming a flat channel indicating no signal, which means the market trend is flat. On the other hand, the RSI shows level 44, which means the price is moving below the downtrend level.

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

 

[radex78]

EURUSD price today is 1.08575 on MT4 FXOpen. Yesterday's price formed a bearish candle with a long body and shadows on the top and bottom of the candle.

On the daily timeframe, the price is now moving near the lower band line and trying to crawl up toward the middle band line. Here the Bollinger band market volatility is high. On the other hand, the 50 MA below the middle band forms an upward channel but the price is below the line. On the other hand, the RSI shows level 42, which means the price is below the downtrend level.

In the H1 timeframe, the price moves near the middle band line which allows this level to become the first obstacle. If there is a breakout, the price may rise to reach the MA 50 line which is dynamic resistance. In this time frame, the Bollinger bands form a wide range, an indication of high market volatility. while the RSI shows level 46, which means the price is below the downtrend level.

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


#fxopenint

 

[radex78]

EURUSD pair shaped bearish candle today.

EURUSD price today at 1.08196 on MT4 FXOpen. Even though it formed a bearish candle, it still moved within the previous daily range.

Prices may still move within the swing high range of 1.0943 and swing low near 1.08500. Today is the speech of the Vice President of the European Central Bank, Luis De Guindos, whose speeches often contain signals regarding the possible direction of monetary policy in the future.

EURUSD in D! timeframe

Price forms a bearish candle and is near the lower band line. In this zone, the lower band may be considered a support zone, where if there is a low breakout, perhaps the price will move down due to a breakout. However, if it is difficult to break out in this zone, perhaps the price will return to its initial track near the previous high.

In this time frame, we also see the Bollinger bands forming a descending channel, which means prices tend to move in bearish sentiment. Meanwhile, the 50 MA is above the price forming an upward channel but the line is starting to slope which may provide a transition signal. Meanwhile, the RSI indicator shows level 39, which means the price is below the downtrend level.

EURUSD H1 timeframe

In this time frame, the price moves near the lower band, and this zone seems to be a consolidation zone after today's decline.

Here the Bollinger band forms a descending channel which may mean that prices tend to be in bearish sentiment with the width of the band indicating quite high market volatility.

The MA 50 forms a descending channel with a sloping line, which means that based on this indicator the price tends to form a bearish sentiment.

Final Thoughts

EURUSD price may still move within the daily range, if a downside breakout is possible, allowing the price to fall to find new support.

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

 

[radex78]

EURUSD price today is approaching the lower band support zone

EURUSD price today at 1.08351 on FXOpen MT4. Yesterday the price formed a bearish candle with a long tail at the bottom of the candle, which means that after the decline there was quite a large resistance pressure pushing the price back up.

D1 timeframe

In this time frame, we see that EURUSD is still moving near the lower band line which may be dynamic support in this zone. Here the Bollinger bands form a descending channel, which means the trend tends to be bearish with moderate market volatility. The 50 MA above the price near the middle band forms a flat channel which means the price may move sideways or may be a trend transition signal. Meanwhile, the RSI indicator shows level 42, which means the price is below the downtrend level.

H1 timeframe

In this time frame, the price moves above the middle band line below the MA 50. Here, the MA 50 may become a resistance zone. If there is a break on the upside, the price may continue to rise looking for the upper band line. Here the Bollinger band appears to be starting to flatten after a downward trend, there are indications of a trend transition in this time frame based on the Bollinger band. On the other hand, the MA 50 is still above the price forming a flat channel which may indicate a sideways market or trend change. And the RSI indicator here shows level 53, which means the price is above the uptrend level.

#eurusd #eurusdanalysis #eurusdtodayanalysis #mt4 #fxopenint

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

 

[radex78]

EURUSD today's price is 1.08738 on MT4 FXOpen, yesterday's price formed a bull candle with a long body and shadow at bottom line.

EURUSD price may still move in a range near the middle band line. The price is now moving below the middle band line.

On the daily timeframe, we see the price moving below the MA 50 which forms a flat channel indicating a sideways market. Bollinger bands form a descending channel with wide band spacing, an indication of quite high market volatility. On the other hand, the RSI shows level 48, which means the price is below the downtrend level.

In the H1 timeframe, the price is moving in consolidation near the upper band line. Here the Bollinger band expands, indicating increasing market volatility. On the pain side, MA 50 forms a flat channel near the middle band line, an indication of a sideways market. Meanwhile, the RSI shows level 70, which means the price has entered the overbought zone which provides an early warning possible retrace.

#eurusd #eurusdanalysis #eurusdtodayanalysis #mt4 #fxopenint

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