EURUSD tehnikal analysis

[radex78]

EURUSD today price 1.04395, the price get rejection on low 1.03800

EURUSD price formed bulls candles after drops heavily, the price trying to head up, but still hard to make the price repeat previous high, the price eventually decline again to lower price, however still support zone level quiet solid to prevent price continues to drops.

Daily timeframe,the price trying enter to BB line area after yesterday break lower band line, now the price still below lower band;line, but it possible to enter to the trading range, RSI level 39 indicates downtrend, stochastic level 5 indicates oversold zone level.

The hourly timeframe we can see the price now on MA;12 line and middle band line, the price neutral signal on thjis timeframe based indicator, while BB line is flat indicates sideways market, RSI level 46 indicates downtrend, stochastic level 86 indicates overbought zone level.

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[radex78]

EURUSD today price 1.04554, the price gets a rejection on support zone level 1.03492.

Daily timeframe shows the price enter again to Bollinger band line after previous break lower band and out from the line, overall market in consolidation, where key point support still face rejection. Now price movement between lower and middle band line. RSI level 40 indciates downtrend, stochastic level 18 still in oversold zone level but slope up.

Hourly timeframe, price above MA 12 and middle band line indicates uptrend in weak, RSI level 52 indicates uptrend, while stochastic 77 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 1.04517, the price formed bulls candle, on yesterday market, the price trying to head up after rejection on support zone.

Daily timeframe shows the price touch MA line then bounce back to lower price, now price movement on middle band and lower band line, while based MA current trend is down, because price below the line, RSI level shows level 45 indicates downtrend, stochastic leve;l 49 slope up indicates the uptrend.

Hourly timeframe, the price in consolidation now, after spike movement price rise yesterday market, based Bollinger band the price now moves below upper band, while BB line looks expanded, the price also above MA line still uptrend based theory, RSI level 62 indicates uptrend, RSI level 14 already shows 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 1.0945 based chart FXOpen trading platform, the price formed bears candle on last week.

Daily timeframe price now moves above lower band line and below middle band line, indicating the price move on trading range lower band. while MA 12 Above the price indicates a downtrend market, while RSI level 43 indicates a downtrend, and stochastic level 60 slope up indicates the uptrend.

Hourly timeframe, the price trying to cross MA line and middle band line indicates thereare buying pressure on this timeframe, while RSI level 51 indicates an uptrend, while stochastic level 75 indicates uptrend near overbought zone level.

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

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[radex78]

EURUSD today price 1.05197, the price formed bulls candle but not yet break previous high, EURUSD tries to make recovery on bulls market.

Daily timeframe, EURUSD price movement between the middle band and lower band, while the price below MA 12 still indicates the price in a downtrend market,, while RSI level shows level 44 indicates downtrend, and stochastic level shows 60 not yet enter overbought zone level.

Hourly timeframe, Bollinger band narrowed as decrease volatility, while the price move near middle band; line and trying to cross the line, while MA 12 below the price means there are buyer tension to head the price up. RSI level 52 indicates an uptrend-based indicator and timeframe, and stochastic level 80 enters in 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 1.05263, the price formed bullish candle yesterday but there are long wick occurs.

Based candlestick pattern, low price still formed a higher low than the previous low, daily timeframe shows the price still moves between the middle band and the lower band, while the based on MA 12 now still downtrend, where the price below the MA line, RSI level 45 indicates downtrend, stochastic level 65 indicates the uptrend.

Hourly timeframe the price now near lower band line, at 1.05116, Bollinger band line itself narrowed as decrease volatility, while based MA 12 is downtrend where the price below MA line, RSI level shows 46 means downtrend based indicator, and stochastic level 43 indicates a downtrend.
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[radex78]

EURUSD today pice 1.05637, yesterday the price form high 1.06052 and low 1.04682.

EURUSD price move very wild and formed a bulls candle yesterday market, the price trying to push down but get a rejection at low price and make price bounce to the current price

Daily timeframe, after price touch middle band then get a rejection, and now the price At MA line, still become indecision candles, overall price move between the middle band and lower band line, RSI level 47 indicates downtrend, stochastic level 75 indicated uptrend near overbought zone level.

Hourly timeframe, the price move above MA line and between middle band and upper band line, there are bullish pressure on this timeframe, while RSI 56 indicates an uptrend, stochastic 19 indicates an oversold zone level.

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[radex78]

EURUSD today price 1.05226, the price drop formed but still move on trading range 1.05994 and 1.045515 the triangle pattern on daily timeframe.

EURUSD price based daily timeframe, the price move between the middle band and lower band indicates the downtrend on trading range price, using MA 50 to determine major trend we can get picture downtrend still on the line RSI level shows 45 indicates downtrend, stochastic level 66 slope down indicates reversal pattern.

In the hourly timeframe the price is now near the MA line and middle band line in a consolidation phase, the BB line narrowed as decrease volatility, RSI level shows 47 indicates a downtrend stochastic level shows 48 slope down indicates a downtrend.

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[radex78]

EURUSD today price 1.5679, the price form bulls candle and move on previous trading range. 1.0600 still become resistance and lowest price 1.0350 still become support zone level.

Daily timeframe, the price still below MA 12 line indicates downtrend, and price also moves below middle band line and lower band line, indicates EURUSD in trading range market during a downtrend. RSI level 47 indicates a downtrend, and stochastic level 57 slope down indicates a downtrend.

Hourly timeframe, the price now above MA 12 and middle band line indicates uptrend market, and now price near upper band; line, RSI level shows 57 indicates uptrend while stochastic level shows 80 indicates the price on an overbought zone level.

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[radex78]

EURUSD price today 1.05787, the price formed bulls candle yesterday, but still moves on trading range.

EURUSD price trying to read up, and crosses MA line with low trading volumes, the less volatility occurs on few days market,.

Daily timeframe, the price cross the MA line and tries to pass the middle band line, based MA indicator now buy signal, while the upper band line act as resistance 1.0800, RSI level shows 49 still indicates downtrend, but the line slope up as sign the price trying to head up.

H1 timeframe, the price consolidation on middle band line, and trying to cross down, but candlestick pattern still formed weak movement. RSI level show 53 indicates an uptrend-based indicator.


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

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