EURUSD tehnikal analysis

[radex78]

EURUSD today's price is 0.97091 based MT4 terminal trading platform FXOpen. Yesterday price formed a bearish candle with a small body.

In the daily timeframe, we can see the EURUSD price move below MA 14 and the middle band line indicating a downtrend market. Possible resistance-based upper band roughly at `1.00855 and support roughly 0.95739. Here we can see the Bollinger band line still large distance and figured slope down indicating a downtrend. While the RSI level shows 40 indicating a downtrend.

In the hourly timeframe we can see the EURUSD price now trying to rebound, the candle pattern formed a reversal pattern. While Bollinger band line drawing to narrow means low volatility occurs at present. The price move consolidation near MA 9 and the middle band line. While RSI shows level 45 indicating a downtrend.

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[radex78]

EURUSD today's price is 0.97045, the price yesterday formed a high of 0.97741 and a low of 0.96711.

EURUSD price still move in the low trading range yesterday near the middle band line.

In the daily timeframe, we can see the price now move below MA 14 line and middle band line indicating a downtrend market. Bollinger band line wide range slope down tends in a bearish market. The resistance level is roughly 1.00650 based on upper bands and the support zone is roughly 0.95472. RSI shows level 40 indicating a downtrend market.

In the hourly timeframe we get different views, the price now moves near MA 14 and the middle band line indicating in the consolidation market. Bollinger band wide range formed swing high 0.97544 and swing low 0.96698. RSI shows level 46 indicating a downtrend signal.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.97045, the price still move to the low trading range yesterday.

In the daily timeframe, we can see the EURUSD price still move below MA 14 and the middle band line indicating a downtrend market. Bollinger's band looks too narrow but still slopes down. The price now moves near MA 14. While RSI shows level 40 indicating a downtrend.

In the hourly timeframe, we can see EURUSD price move near above MA 14 and middle band line, Resistant zone first target roughly 0.97233 and support 0.96834. Bollinger band drawing to narrow means low volatility and RSI indicator shows level 51 indicating an uptrend.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.98804 based MT4 trading platform FXOpen. The price yesterday formed a bull's candle.

In the daily timeframe we can see the EURUSD price move near MA 14 and the middle band line, the price yesterday drops to a low of 0.96613 but then rise as the USD get strongest because the unemployment claim supported the USD. The RSI level shows 45 indicating a downtrend in this timeframe.

In the H1 timeframe we can see the EURUSD price now move above MA 14 and the middle band line, the price correction and tries to look support level 0.97545. Bollinger band wide range indicating high volatility occurs, while RSI shows level 58 indicating buy signal

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.97317, the price moved below MA 14 and the middle band line.

In the daily timeframe, we can see market pattern-based Bollinger band still tend to be bearish in the long term. Price last week tries to cross up MA 14 and the middle band line but still get a rejection on its zone. The resistance-based upper band is now roughly 0.99965 and supports 0.95735. RSi shows level 43 indicating a downtrend.

In the hourly timeframe, the EURUSD price now moves near MA 14 below the middle band line. Bollinger band expands sloping down indicating a downtrend with high volatility. RSI shows level 47 indicating a downtrend signal-based indicator and a low target short term roughly 0.96981, while the high target is roughly 0.97866.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.98432, the price move strong bullish yesterday and formed long body candle.

In the daily timeframe, we can see the EURUSD price move above MA 14 and the middle band line indicating an uptrend market. There are MA cross gives buy signal-based indicator. The possible resistance-based upper band is roughly 0.99530 and supports 0.95854. While the RSI level shows 50 is a neutral signal.

In the H1 timeframe, we can see there is increasing volatility can be seen by the expansion Bollinger band line, now the price move consolidated on this zone with the low trading range at the last few hours. The price is still above MA 14 and the middle band line indicating an uptrend, while RSI shows level 68 means the price is near the overbought zone level.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.98668 based MT4 trading platform FXOpen.

In the daily timeframe EURUSD's price yesterday formed a new high indicating a bulls market. The price formed a low of 0.98126, and move above MA 14 which gives an uptrend signal based on the line. MA line also already crosses up the middle band line giving a loud bulls signal. The resistance level-based upper band is now roughly 0.99952and support 0.95876. RSI indicator shows level 52 gives a buy signal.

In H1 timeframe we can see the EURUSD price now move above MA 14 and the middle band near the upper band line indicating an uptrend in the price at the resistance level. RSI indicator shows level 62 indicating the bulls signal has not yet reached the overbought zone level

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD price today is 0.97653, the price formed a bearish candle yesterday and is now near the middle band line.

In the daily timeframe, we can see the EURUSD price now move below MA 14 and above the middle band line, here MA 14 gives an indication sell signal while the middle band still acts as the support zone level. It is possible that the middle band line breakout will bring the price drops lower. Yesterday EURUSD price fail to reach the resistance level based upper band and then the price pullback to retracement.

In the H1 timeframe, there is increasing volatility can be seen by expanding the band's line. The price is now below MA 14 and the middle band line gives a sell trading signal. While the RSI indicator shows level 33 near the oversold zone level giving an early warning of possible to reversal.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.97805, the price now moves near the middle band line.

EURUSD price yesterday tries to push an uptrend market, however the high still formed a higher low, yesterday's high was based on the MT4 trading platform FXOpen at 0.98451, and the low was 0.97540.

In the daily timeframe, we can see the price still indecision market, the price moving near MA and middle band line. If the price break down the line possible the price continues to drops. However, this still become a support-level area. RSI indicator shows level 46 gives an indication downtrend signal in this timeframe.

In the H1 timeframe, we can see the price move consolidation in the last few hours, the price moves low trading range below MA 14 and the middle band line. However, the line sloping up still shows the possibility to an uptrend. Bollinger band drawing to narrow means lower volatility, and the RSI indicator shows level 45 gives an indication bearish market.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

 

[radex78]

EURUSD today's price is 0.98607 based FXOpen MT4 trading platform. The price now tries to reach the upper band line.

In the daily timeframe, we can see the EURUSD price now move above MA 14 and the middle band line. Bollinger's band looks narrow and drawing to flat gives an indication sideways market. RSI level shows 51 level price 51 gives a sell signal.

In the H1 timeframe, the EURUSD price now moves near the upper band line. The band expands indicating rising volatility occurs. however, the price now formed a bearish candle means in an uptrend market there is selling pressure trying to drag the price to drop. Overall EURUSD price is still above MA 14 and middle band line, Bollinger band expanding, and RSI level 61 near overbought zone level.

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.