EURUSD tehnikal analysis

[radex78]

Yesterday's market, the price of EURUSD was still indecision trend mode, although the pattern already formed reversal pattern, but seems volume transaction still too low bringing the price continue to drops, now the price level EURUSd at 1.14199 RSI level 55 indicates uptrend on hand. meanwhile stochastic show level 62 in downtrend signal

Moving to the hourly timeframe, the pair is now in a sideways market, it is still hard to figure out the next price trend will moves, it is possible the price back to the previous range on a daily high.

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

 

[radex78]

Yesterday market, EURUSD moved in a large number of pips, the price has down first before eventually rising and break high which success formed new high, but the price did not move uptrend in one direction, the seller then struggle to make the price down again, and successfully bring the price back to the early track.

Now n hourly the price move formed bears candle and already at lower band based Bollinger band indicator, meanwhile RSI level now 44 this is not yet entered on oversold zone price, but based stochastic, level now 23 already closes to the oversold area

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

 

[radex78]

Friday market the trading pair EURUSD experienced drops sharply movement, before the price able to reach high zone level at 1.14941, but then get pressure from sellers and success to make the price down in a large number of pips and landing at 1.13920, the smart money seems work on the time and trapped many newbies get dragged because they mostly think break high will bring the price flying further.

Based indicator Bollinger band now price EURUSD already at medium band act as support zone level, meanwhile RSI level at 50, is a condition where the trend down or uptrend not has own dominated, meanwhile stochastic already close to oversold zone level now level 19.

Go to hourly timeframe, the pattern formed bullish formation candle in a small range market, stochastic sloping up already out fro oversold zone level, RSI level 37 trying to move the price rising again.

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

 

[radex78]

Monday market, the price EURUSD move on the bearish pattern, the price formed bears candle yesterday after consolidating. now price at 1.13044, and based Bollinger band indicator the price now at middle band level, meanwhile based MA 12 the price below the line, indicates bearish trend based indicator. RSI level 47 indicates a bearish trend control-based indicator, but Stochastic show level 11 indicates the price in the oversold-based indicator.

Go to H1 timeframe now, the price below the middle band and sloping down, MA line above the price indicates downtrend based indicator, RSI level 39 indicates bearish trend based indicator, while stochastic level 79 indicates price close to the overbought area.

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

 

[radex78]

EURUSD yesterday market-facing rebound after the price drops 1.12792, but the price was unable to continue downtrend and get pressure from the buyer that increasing demand and they succeeded to bring the price back to previous high, now the price in a consolidation phase, here possible to breakout and continue to bullish, or rejection and reverse to downtrend again.

Based on indicator, the price now above MA9.means the uptrend get signal by indicator., meanwhile Bollinger band shows the price above the middle band, it acts as support medium now, while RSI indicator in level 50, this is centerline for downtrend and uptrend means no signal from RSI, stochastic 22 and already out from an oversold zone.

In the H1 timeframe price is now concentrated at the upper band zone, and formed a flat condition, meanwhile, the price above MA9 indicates uptrend, and stochastic sloping down as the bearish signal.


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

 

[radex78]

EURUSD price tendencies to the formed bullish market yesterday, but the trend still get pressure from the seller and the price success to formed new high but then get pressure and bring the price to 1.13800.

Based indicator MA price now above MA line as uptrend condition-based indicator, meanwhile RSI level 52 indicates starting to bullish based indicator, and stochastic sloping up at 32 level already out from the oversold zone

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

 

[radex78]

Yesterday market EURUSD still not yet confirmed which where to go, the trend still undecided and the price move on previous range daily, although its formed a new low, the trading volume still too low pushing the price to down, the price tends to shape equilibrium where demand and supply in balance, formed like Doji candle

Based moving average now price above the ma line, indicates bullish based indicator theory, while RSI level 50 indicates undecided trend market.

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

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[radex78]

EURUSD price today on 1.13176, no gap occurs on this morning on this trading pair, the price movement still in bearish tendencies but low trading volume.

Based on the Bollinger band indicator now price level in the middle band zone level but already below the line, meanwhile, the moving average indicator shows the price is also below the line, based on the indicator the bearish trend is expected to continue on the week.

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

 

[radex78]

EURUSD still possible to move on the range market, although yesterday success formed new low, but based on the previous history, possible the pair move on the range, but based indicator MA line now the price below MA line, while based Bollinger band indicators, the price below middle band line.

Go to hourly timeframe, in H1 the price formed bulls candle on the last candle, but still not yet reach previous high, meanwhile price now already on lower band zone-based Bollinger band indicates expanding line. means in high volatility market.

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

 

[radex78]

EURUSD price now 1.13256, although yesterday the price success to formed new low, but the seller pressure unsuccessful to bring the price drops deeply, eventually the price back to the price range.

Based on MA 12 the price is still in consolidation where the price still moves between the line, meanwhile based on the Bollinger band indicator, now the price is in the middle band, while RSI level 48 based theory is still in a downtrend market.

Go to hourly, the price crossing MA line from tops, meanwhile, the price still in a middle band based Bollinger band indicator, RSI level 48 shows downtrend. while stochastic show the price in oversold zone level 15.

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