EURUSD tehnikal analysis

[radex78]

EURUSD today price 1.05477, the price formed bullish candle with the long size of the body, means uptrend market yesterday quiet strong.

Timeframe daily, now the price move below the middle band and MA 12 line trying to crosses from the bottom but still not yet reached. The price still moves between the lower band and middle band line, 1.06238 is the previous high act like resistance level. RSI 41 indicates a downtrend. STochastic 71 indicates an uptrend near the overbought zone level

Timeframe hourly, the price above MA 12 and middle band line, while Bollinger band line expanded as increase volatility, now the candle pattern in correction time, where price move on the small range on this morning, RSI level 71 indicates overbought zone level, stochastic level 82 indicates overbought based indicator.

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[radex78]

EURUSD today price 1.04667, the price eventually drops again as previous price move to higher, however the decline still not yet formed new low,

Dailly timeframe now the price below MA 12 and middle band line indicate downtrend based theory indicator, while Bollinger band line starts to narrow as a mark to decrease volatility, RSI level 38 indicates downtrend, stochastic level 65 indicates uptrend near overbought zone level.

Hourly timeframe, the price now below MA 12 and middle band line, and Bollinger band expanded means increasing volatility on current timeframe, while RSI level 40 indicates downtrend, and stochastic level 13 indicates oversold zone level now.

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 1.05799, the price formed bulls candle and formed higher high from the previous high, means there are buying pressure lead the price formed new high.

Daily timeframe, the EURUSD price rebound and formed bulls candle, as previous formed bears candle, the price success to crosses MA 12 line and middle band line, indicates the possibility of reversal pattern, while RSI level 44 indicates downtrend, stochastic level 77 near to overbought zone level.

Hourly timeframe, the price above MA 12 and middle band line, indicates an uptrend, but the last candle formed impulse wave to downward, Bollinger band line expanding means increasing volatility, RSI level 63 indicates an uptrend, stochastic level 28 get 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).[/img]

 

[radex78]

EURUSD today price 1.0575. The price trying to head up on the current high, however, a small body candle indicates weak trend pressure at the moment.

Daily timeframe, the price already crosses MA 12 and now above the line signaling reversal based theory indicator, Bollinger band narrowed as decreasing volatility with upper band line may act as resistance level 1.06488. RSI level 44 still indicates a downtrend-based indicator, while stochastic 84 indicates an overbought zone level-based indicator.

Hourly timeframe, the price also crosses MA 12 line and now above the line, which means the price trying to push uptrend higher, while Bollinger band flat with upper band level 1.05928, and lower band 1.50388, RSI l;level 56 indicates uptrend on this timeframe and stochastic 91 indicates 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 1.06906, the price break high and formed new high as strong bullish occurred on this pair.

EURUSD moving faster on Monday market, not like as usual market on the early week, the price formed long body candle.

Daily timeframe, the price now reaches upper band and the price above upper band line as strong breakout, however, should become a consideration for retracement possible after large movement. RSI level 50 means indecision trend-based indicator, stochastic 89 indicates overbought zone level.

Hourly timeframe, the price above MA 12 and middle band line now near upper band line, while Bollinger band expand as increase volatility while RSI; level 71 indicates overbought level on this timeframe, stochastic level 81 also 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 today price 1.07246, the price continues to rise in uptrend market on yesterday.

Daily timeframe shows the price break upper band line means high volatility makes the price able to break the line, now the price still above upper band line, should beware possible the price rebound enter on Bollinger band. MA 12 below the price means uptrend based indicator, while RSI show 51 indicates uptrend begins. stochastic level 94 indicates an overbought zone level.

Hourly timeframe, the price rebound and near MA 12 line and middle band line, the possible support based lower band 1.06285, while RSI level 58 indicates an uptrend, and stochastic level 49 slope down indicates current in 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)

 

[radex78]

EURUSD today price 1.06927, the price drops as a retracement from the previous day's high fall on the current price.

Daily timeframe, the price now back to enter Bollinger band line after yesterday price out from upper band line, now the price in consolidation, below upper band line, while MA 12 below the price indicates uptrend based indicator. RSI level 50 indecision trend, stochastic level 83 indicates overbought zone level based indicator.

Hourly timeframe, the price move above MA 12 indicates an uptrend, while Bollinger band line look in the flat direction, now the price near upper band line as first resistance by means, RSI level 53 indicates an uptrend, stochastic level 72 uptrend near 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 1.07305, the price formed bulls candle and reach to previous day high, although after price fall and formed bearish candle previously.

Daily timeframe, the price touch upper band line, but still inside the line, while MA 12 below the price means uptrend market-based indicator, RSI level 52 indicates uptrend based indicator. Stochastic level 83 indicates an overbought zone level-based indicator.

Hourly timeframe, after the price touch MA line 12 then rejection to rise and now the price near upper band line, while Bollinger band expand as increase volatility, the BB line slope up as uptrend market. RSI level 58 indicates an uptrend, and stochastic level 87 indicates an 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 price1.07258, the; price rebound after form new high 1.07664.

The key point in this pair is the price-formed reversal pattern possibility on a major trend.

Daily timeframe shows the price back to enter in Bollinger band line, and consolidation on upper band line, where MA 12 indicates uptrend based indicator, while RSI level sow 51 level show indecision trend, stochastic level 82 indicates overbought zone level
.

Hourly timeframe, the price move on the middle band and MA 12 indicator line, indicates the price in a consolidation phase, RSI level 52 indicates uptrend baed indicator, Stochastic level 78 out from 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 1.07707, the price continues to rise and formed new high, the pattern is an uptrend.

Daily timeframe shows the price move on upper band level and the Bollinger band line expanded as increase volatility, the price still above MA 12 indicates uptrend based indicator, RSI level 53 indicates an uptrend, and stochastic level 87 indicates overbought zone level.

Hourly timeframe as short term analysis, the price now near the middle band and MA 12 which here act as first support zone level, the current candlestick pattern is a downtrend, RSI level 56 indicates an uptrend, stochastic level 20 trying to 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)