EURUSD tehnikal analysis

[radex78]

EURUSD now price at 1.09008, the price drops yesterday and formed bearish candle with long body candle, there is seller pressure success to bring the price formed new low and looks strong downtrend.

Daily timeframe shows the price below MA 12 line means downtrend and already reach lower band line, even more trying to crosses lower band line, RSI level 39 means downtrend based indicator, and stochastic level 1 means already enter oversold zone level based indicator

Hourly timeframe now the price still in consolidation phase and in a sideways pattern-based candlestick, the price below MA 12 line means downtrend based indicator, while Bollinger band line expand as increase volatility, RSI level 24 means enter oversold zone level based indicator, and stochastic level 47 means uptrend based indicator

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD today price 1.0875, the price still hard to reach 1.08000 as the next support, after the price drops previously, the price now in a consolidation phase when the price try to break low, then volume buyer arise and bring the price land 1.09372 as high.

Daily timeframe now the price move at the lower band, this is possible asn dynamic support level, but let see later will move, MA 12 sloping down indicates downtrend, while RSI level 39 indicates downtrend based indicator and stochastic level 5 indicates oversold zone level based indicator.

The hourly timeframe the price is now in flat condition, although the price below MA 12 line but Bollinger band squeeze the price and narrowed as decrease volatility, RSI level 40 indicates downtrend, stochastic level 35 sloping down indicates downtrend based indicator.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD price today 1.08721, the price now at the low previous zone level. yesterday market the price formed high 1.09376 but then face rejection and make the price drops and formed bears candles,

Daily timeframe analysis, the price now move at lower band zone line, this act as dynamic support, but we can see if the BB line pointing to expanding the line, it possible increasing volatility for near future, RSI level 38 indicates downtrend based indicator, and stochastic level 6 as oversold zone level based indicator.

on H1 now, the price move below MA 12 means downtrend based indicator and Bollinger band line pointing to expanding possible increasing volatility on near future, RSI level 39 indicates downtrend based indicator and stochastic level 37 as downtrend based indicator.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD on this morning price 1.09012 based FXOpen trading platform, there are gap occurs on this pair after broker time open, the gap can be seen included on daily timeframe where the open price higher than previous candle open price, usually gap only can be seen on lowest timeframe like M15, but today gap is so high. Usually, when occurs the gap then the price will move to recover the gap.

Trading analysis on daily timeframe based indicator, now the price move below MA 12 and the curve is down, the means-based indicator still downtrend, while the price move on lower band and middle band range price, the curve line also down, RSI level 40 means downtrend based indicator.

At short term analysis hourly timeframe based indicator, the price looks to jump from the closing candle due occurs the gap, the price above MA 12 line means uptrend based indicator, the but candle pattern now formed bears candle, while the price enters to Bollinger band line after break upper band. RSI level 53 indicates an uptrend-based indicator but the curve line starting to down. stochastic level 66 sloping down means a downtrend-based indicator.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD price today 1.08800, yesterday market the pair formed bearish candle after the price tries to push the price and formed high 1.09326, but then price rejected and move down again and formed low level 1.08721.

In the daily timeframe, the price still moves between the middle band and the lower band, here MA 12 is above the price and tries to cross the middle band line, its possible as the downtrend signal dips later, the lower band line expands and the lower band act as dynamic support, while RSI level 39 indicates downtrend, and stochastic level 26 already out from oversold zone level.

Hourly timeframe gets different views, the price move on the range middle band and lower band and below MA 12 line, means downtrend based indicator, but low volume the lower band may act as support zone level. RSI 48 indicates a downtrend level, stochastic level 31 sloping down shows the current trend is bearish.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD today price 1.08240 on FXOpen chart platform, yesterday market the price decline and formed low 1.08205, candlestick formed bearish candle.

On timeframe daily, the price now moves below MA 12 line and already touches the lower band, where the Bollinger band itself formed expanding line as increase volatility, and lower band line sloping down, RSI level 36 indicates a downtrend based indicator, while stochastic level 14 already on an oversold zone level.

On hourly timeframe as short term analysis, the price below MA 12 line and move close to lower band line, where Bollinger band line expanding with lower band sloping down, hourly candle pattern on last few hours formed flat condition, RSI level 38 indicates downtrend, while stochastic level 29 indicates the price out from oversold zone level.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD today price 1.08940 on FXOpen trading platform, the price formed bulls candle yesterday after previous days in a bearish market, from low 1.08082 now price trying to push rising.

Daily timeframe, the price move on the range between the middle band and lower band line, based on MA 12 the current price is still below the line as means the pair in downtrend market-based indicator, while RSI level 41 means downtrend based indicator and stochastic level 46 with slope up the line as indicates uptrend based indicator.

Timeframe hourly, the current price move above MA 12 means uptrend based indicator, while Bollinger band line expands as increase volatility occurs on the market, RSI level 60 means uptrend based indicator, and stochastic level 85 indicates the price enter overbought zone level based indicator.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD today price 1.08182 based FXOpen trading platform, the price formed a bearish candle on yesterday market, but in history, the price reaches high 1.09226 before the decline, the pair still high volatility due to europe zone face problem because cost energy.

Timeframe daily, yesterday the price drops and break the lower band line, but then price back and enter on the Bollinger band line, the price below MA 12 still considered as bearish trend based indicator, RSI level 38 means downtrend based indicator, while stochastic level 44 the line sloping up means uptrend trying to head up.

Timeframe hourly as short term analysis, after the decline the price trying to head up, but now based timeframe seems too weak, the price formed reversal pattern but still in a small wave, based MA 12 the price below the line means downtrend, while Bollinger band line expands as increase volatility, RSI 42 means downtrend based indicator, stochastic level 24 sloping down means downtrend close to oversold zone level 20.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD today price 1.08193, there is no gap occurs on this morning, the price looks normal as usual, but the price already moves higher from opening trying to head up for bullish today.

On Friday market the pair moved formed a bearish candle, and today the price in consolidation trying to head up to an uptrend.

Daily timeframe, the price move on the range between the middle band and lower band, the condition still unchanged for a while, where the price still below MA 12 line means in downtrend market-based indicator, while RSI level 38 indicates downtrend based indicator.

Hourly timeframe, the price trying to break upper band line, and crosses MA 12 indicates a bullish trend on current market conditions, RSI level 48 indicates downtrend, stochastic slope up on 80 levels as an overbought zone-based indicator.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).

 

[radex78]

EURUSD price today 1.0771 based FXOpen trading platform, the current price formed bearish pattern still continues the previous trend, but not yet able to break lower low.

On a daily timeframe, the price still moves on the range lower band and the middle band on Bollinger band indicator, and below MA 12 line indicates downtrend market-based indicator, RSI level 36 indicates downtrend not yet entered oversold zone level, stochastic level 17 indicates the price in oversold zone level.

Timeframe hourly, price formation is bearish where the price below MA 12 line and move on lower band line, based Bollinger band, occurs low volatility on the current market, while RSI level 40 indicates downtrend, and stochastic level 43 slope down indicates a downtrend.

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

FXOpen is a global forex and CFD broker, with a network of worldwide brokerages regulated by the FCA, CySEC, and ASIC. FXOpen offers ECN, STP, Micro, and Crypto trading accounts (dependent on the entity).