EURUSD tehnikal analysis

[radex78]

EURUSD traded in the low trading range yesterday's market, EURUSD price today is `1.07642 based MT4 terminal platform FXOpen.

In the daily timeframe we can see EURUSD now move near upper band line, here the price looks consolidation and trying to push higher. Bollinger band draws to expand indicating increase volatility. The price also still above WMA 20 indicating uptrend, while RSI indicator shows level 63 which means above uptrend zone level.

In the hourly timeframe we can see EURUSD move sideways and flat where the price now move above middle band line near upper band line. Bollinger band draws narrow range with low 1.07287 and high 1.07734. RSI indicator shows 58 which means above uptrend zone level.

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[radex78]

EURUSD's price today is 1.08288 at the time of writing based MT4 terminal platform FXOpen.

In the daily timeframe, we can see EURUSD price moves near the upper band line. There are Bollinger band expands the line indicating increasing volatility occurs. The price is far above a moving average and the middle band line indicates the uptrend. While the RSI indicator show level 65 indicating the price is above the uptrend zone level.

In the hourly timeframe the price move consolidation, the price near the middle band line, and the moving average line. Bollinger band line draws narrowed indicating low volatility occurs. While RSI level 51 indicates the price is above the uptrend zone level.

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

 

[radex78]

EURSD today's price is 1.08295 based MT4 terminal platform FXOpen, the price moved in the trading range during three days market.

In the daily timeframe, we can see EURUSD move near the upper band line, while the Bollinger band line still draws a wide range between 1.08715 and a low near 1.04863. Here RSI indicator shows level 65 which means the price is above the uptrend zone level near the overbought zone level.

In the hourly timeframe, we can see EURUSD now move in the consolidation market or sideways, the price move near the middle band and moving average, and the Bollinger band squeeze waiting for a breakout occurs. RSI indicator shows level 51 which means above the uptrend 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 1.87929 based on MT4 terminal platform FXOpen, the candle formed a long wick in the daily timeframe as a pin bar candle.

In the daily timeframe, we can see the EURUSD price move above the Moving average and middle band line still indicating an uptrend-based indicator, The price yesterday formed a lower low and higher high which means a longer body candle shape than the previous candle body. Bollinger band still draws expanding line indicating high volatility. While the RSI indicator shows level 62 which means the price is above the uptrend zone level.

In the hourly timeframe EURUSD price move consolidate in a small trading range in the last few hours. The price moves below the middle and moving average line. Bollinger band draws a wider distance indicating high volatility occurs. If the price break low possibly look for new support near the lower band line near 1.07615, and the resistance level near the upper band line near 1.08690. RSI indicator shows level 44 indicating the price is below the downtrend 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 1.08305 based MT4 terminal platform FXOpen. The price still moves in the previous trading range.

In the daily timeframe, we can see EURUSD price still moves below the upper band line and above the moving average and middle band line which indicates the major trend is bullish. Bollinger band line tries to expand which means increasing volatility, while the RSI level indicator shows 54 indicating the prices are above the uptrend zone level.

In the hourly timeframe, EURUSD now moves near the upper band line which still works as a resistance dynamic. Bollinger band line draws ascending line and the price tries to break the upper band line. While the RSI indicator shows level 55 indicating an uptrend 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 1,08651 based MT4 terminal platform FXOpen.

The price movement on the last week EURUSD formed bulls candle and the price tries to reached swing high 1.08869 that formed 18 January.

In the daily timeframe we can see EURUSD price now move below upper band line above middle band line indicating the price still in the uptrend zone lline based moving average, here we can see Bollinger band draws expanding line indicator increasing volatility. RSI indicator shows level 66 indicating the price above uptrend zone level.

In the hourly timeframe as short term analysis, EURUSD now break upper band line and the bands draws expanding line indicating increasing volatility market occurs. The price now move near upper band line far above MA 50 indicating uptrend. RSI indicator shows level 66 indicating uptrend near 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 1.08730 based MT4 terminal platform FXOpen. The price formed a long shadow in the last candle yesterday indicating the price trying to rise but get pressure

In the daily timeframe, we can see the EURUSD price move between the upper band and middle band line. Although Bollinger band line draws to expand the price movement is still near the previous trading range. The support zone-based lower band is 1.05185. While the RSI indicator shows level 67 indicating an uptrend near the overbought zone level.

In the hourly timeframe, we can see the price after reaching a high of 1.09268 then drops to a lower level at 1.08470. this is crucial zone-level rejection as the first support level. Bollinger band draws to expand in this timeframe and formed a flat line indicating the price move in the trading range swing high and swing low. While the RSI indicator shows level 52 indicating the price is above the uptrend 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 1.08846 based MT4 terminal platform FXOpen. Yesterday the price formed a small body candle bullish.

In the daily timeframe, the price formation is still not much to change, the price is still below the upper band line and above the middle band and moving average. Bollinger band draws to expand signaling increased volatility. RSI indicator shows level 67 which means above the uptrend zone level near the overbought area.

In the hourly timeframe EURUSD price move above the moving average and middle band line. On the last few hours, the price formed a small trading range indicating a sideways market. RSI level 55 indicates the price is above the uptrend zone level, while the Bollinger band draws a flat line indicating a sideways 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 1.09184 based on MT4 terminal platform FXOpen. The price still formed a small body candle.

In the daily timeframe, we can see the EURUSD price move below the upper band line and above the moving average indicating an uptrend market in a weak trend. Although the price formed a bulls candle not yet break high. While the price formed a higher low. Here Bollinger band still draws expanding line indicating higher volatility. While RSI shows level 69 indicating the price move near the overbought zone level.

In the hourly timeframe, EURUSD now move below the upper band line and formed a bulls candle. Bollinger band draws to expand indicating increase volatility. The price trying to look new high. While the RSI indicator shows level 67 which means the price is above the uptrend zone level near the overbought zone level based on the RSI indicator.

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

 

[radex78]

EURUSD moved down to a low of 1.08506 yesterday and is trying to increase its current price at 1.08936.

On the daily time frame, the EURUSD price is still moving sideways within the previous trading range this week. Even though the price is above the 20 MA and the middle band, the increase is still weak enough to form a new high. Even widened Bollinger bands have not yet signaled high volatility. While the RSI is trying to go away from the overbought level and is at 66.

While on the H1 time frame, the EURUSD price is trying to cross the MA 20 to reach the middle band line. Here there is an increase in volatility as seen from the widening of the upper and lower band lines. While the RSI shows the number 49 which means the price is below the downtrend level.

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