EURUSD tehnikal analysis

[radex78]

EURUSD today price 1.05236, the price movement still on previous days range, 1.04701 may act as a low price range, and 1.05915 may act as a high price range.

On timeframe daily, we can see the price move on lower band line, and far below MA 12 indicator line, its concluded based the indicator is still downtrend market, while RSI level 31 indicates the price close to oversold zone level, warning for reversion trend, stochastic level 22 already out from oversold zone level 20, signaling reversal

On the hourly timeframe, we get a different view, the price move on the middle band and MA 12 line, indicates a neutral trading signal, candle formation is flat for few last candles, RSI level 49 indicates neutral with weighted on the downtrend, stochastic level 36 indicates uptrend

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 1.06061, the price formed bullish formation after reach the low 1.04703.

The daily timeframe the price is now close to MA 12 line that acts as the first dynamic support, and the price movement between the middle and lower band line now, while RSI level 37 still indicates downtrend based indicator level, while stochastic level show 63 trying to reach overbought zone level 80.

Hourly timeframe, there is one candle formed long body candle as spike movement on the pair, but now the price in a consolidation phase after moving strong uptrend yesterday. The price now far above MA 12 line indicates uptrend based indicator, while Bollinger band expanded as increase volatility, RSI level 63 indicates uptrend but the line formed slope down as a warning, stochastic level 79 indicates close to overbought 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 1.05388, the price drops and formed bears candle yesterday, after hit new high the price get a rejection and make the price fall to the previous low.

Daily timeframe, the price is still between the lower band and middle band line. While based on MA 12 now the price below the line means still in downtrend market-based indicator, RSI level show 35 indicates downtrend market, while stochastic level show 51 indicates uptrend based indicator.

Hourly timeframe. price now below MA 12 line, means downtrend based theory, while Bollinger band expanding line where the upper band and the lower band has a large distance with middle band slope down, last three hours the trend is flat, RSI Level 46 indicates downtrend, stochastic level 81 indicates overbought 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 price still moves on the daily range market, although on Friday's market the price trying to break low, still faced rejection on low 1.04819, EURUSD's price today is 1.05378 based FXOpen trading platform. There is no gap occurs on this morning, and the chart looks normal.

Timeframe daily, shows the pattern candle still on the range daily, where the price movement between the lower band and the middle band as first resistance, the price still below MA 12 line indicates downtrend based indicator, RSI level 35 indicates downtrend not yet enter oversold zone level, stochastic level 35 slope down indicates a downtrend.

Timeframe hourly, the price below MA 12 and middle band line, means downtrend based indicator, while BB line formed horizontal line here upper band may act as resistance and lower band act as support zone level, RSI level 47 indicates downtrend, stochastic level 15 indicates 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).[//b]

 

[radex78]

EURUSD today price 1.05622, the price trying to head up after reaching a low level of 1.04947.

Timeframe daily, the price move still on the previous daily range, the price trying to break down but failed and make the price higher, the price now still below MA 12 indicates downtrend and move between lower and middle band line, while based RSI level 36 indicates downtrend based indicator, and stochastic level 45 the line slope up for uptrend signal is down movement.

The hourly timeframe the price above MA 12 and middle band line indicates an uptrend, while possible resistance based upper band line 1.05854, RSI level 54 indicates an uptrend, stochastic level 46 slope up signaling uptrend.

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 1.05337, the price still move on the previous daily range, where at present the price at the previous low price level.

Timeframe daily, market formation still not differ much, the price below MA 12 and move on lower band and the middle band as resistance zone level, small body candle indicates low trading volume, while RSI level 35 indicates downtrend, stochastic level 35 also indicates a downtrend.

Timeframe hourly, the price below MA 12 indicates downtrend based indicator, and price move between the lower band and middle band, BB line expanded means increasing volatility at short term analysis.

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 1.05145 based FXOpen chart, the price formed a new low in a small wave downtrend pattern.

EURUSD is still hard to head up although reached 1.05764 as high, but then on these zone level get rejected and price drop formed new low, and possible the price repeated history.

Daily timeframe shows the price still below MA 12 line and moves on range lower band line and middle band line, here MA still works as the first resistance, while the candle pattern shows a sideways market, RSI Level 35 indicates downtrend, a stochastic level 23 indicates a downtrend.

Hourly timeframe, the price now consolidation on lower band;line, and the price below MA 12 line, here lower band line act as first support, and based BB condition is sideways, RSI;level 44 indicates downtrend, stochastic level 32 head up indicates uptrend

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 1.03777 based FXOpen trading platform, the price drops heavily on yesterday market after success to break low.

Daily timeframe, the price now touched lower band line again, and not yet out from the line, while the upper band and lower band expanded as increase volatility, the price far below MA 12 line indicator, while RSI level 30 trying to enter oversold zone level. stochastic level 11 means already in oversold zone level based indicator.

Hourly timeframe, candle pattern formed consolidation phase where the decline weakens, and now the price below MA 12 and middle band line indicates downtrend, RSI level 32 closes to oversold zone level but not yet entering the zone, stochastic level 70 slope up indicates uptrend not reach overbought 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 1.04014, the price on correction time after drops heavily. Today morning there is no gap that occurs on this pair, the price looks normal, even seen in the low timeframe.

On a daily timeframe now price move to a lower band zone level, the price below MA 12 indicates a downtrend where the MA line slope down, the Bollinger band line expanded as increased volatility, and the line slope down too. While RSI level 31 indicates the price near the oversold zone level, Stochastic level 17 indicates the price in the oversold zone level based on this indicator.

Hourly timeframe now, the price above MA 12 and middle band line, the based indicator is an uptrend, Bollinger band line horizontally but tend to slope up, RSI level 47 indicates downtrend based theory, stochastic level 39 slope down indicates current price show 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 today's price is 1.04363, the price still moving in retracement mode.

In the daily timeframe, the price now formed bulls candle with small body candle indicates bulls market in low trading volume, overall the price below MA 12 line and middle band line, where price movement still move between the middle band and lower band, RSI level 34 indicates downtrend near oversold zone level, stochastic level 31 indicates get out from oversold zone level.

Hourly timeframe, the price now above MA 12 and middle band line but still below upper band line, overall MA 2 shows uptrend based timeframe, and Bollinger band shows sideways market on the way, RSI level 55 indicates an uptrend, stochastic level 65 slope up indicates uptrend near to overbought 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).