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EUR/USD Daily Analysis


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EURUSD is doing well on H4 chart, i can say overall the trend is bullish not to mention with morning start which formed on this chart which means the trend is bullish. RSI and Stochastic both rise to level 69 and 72 respectively, and MACD(12,26,9) formed lower high on green zone indicated for bullish sentiment. Bias is bullish and target is at 1.1305

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EURUSD practically on 30 minutes chart is under bearish pressure, the price pressed down and break EMA100 also closed below. The price also below today's pivot line. On the other hand RSI, Stochastic, Parabolic SAR are bearish but MACD seems bullish with lower high on green zone. Based on the analysis on h1 chart the price predicted to be bearish with support at 1.11502.

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Based on 30 minutes, EURUSD price successfully break EMA100 and middle band also able to close above the line. Stochastic (5,3,3) seems rise to around level 43 and RSI(14) also rise to level 53. MACD(12,26,9) rise in the green zone, with Parabolic SAR is moving below the price which means bullish signal. The bias is bullish and resistance at 1.1240

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On 1 hour chart indicates that EURUSD's price is above EMA100 and also EMA50. With this condition there are bigger chance for bullish sentiment, not to mention PSAR is below the price and RSI(14) in this chart rise to around level 60 and Stochastic(5,3,3) fall to around level 35. MACD forms higher high on green zone. So based on the analysis above the 1 hour chart, the pair is predicted to bullish with resistance at 1.1207

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EURUSD on 1 hour time frame chart shown the price is moving below EMA100 and Parabolic SAR which means initial bearish sentiment. RSI in this chart seems to fall to level 37 but Stochastic rise down to level 30. MACD on the other hand doesn't follow Stochastic, instead it formed higher low on the red zone. So overall this pair expected to be bearish with support at 1.1000

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EURUSD on h1 chart formed a bullish engulfing pattern accompanied by big white candle and the breakout of EMA100. RSI and Stochastic on this 1 hour chart rise to level 50 and 66 respectively, while Parabolic SAR is moving above the price and MACD(12,26,9) formed a lower high on the green zone. So overall this pair expected to be bullish with the psychological resistance at 1.1000

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EURUSD on 4 hour time frame chart today observed to be formed a bearish engulfing pattern where the price able to break the support at 1.1000, since the price also able to hold the previous bullish where price find hard to cotinue the bullish. RSI and Stochastic observed to fall down to level 67 and 37. After seeing the price closed down below the 2/8 murray math and EMA100 breakout it seems this pair will fall to lower level.

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Even the price of this pair also have chance to strengthening but until now the price failed to break the critical resistance at 1.1000. On H1 chart the price is exactly below EMA100 and EMA50. The price of EURUSD is below pivot line and RSI observed to fall don to level 47 and Stochastic to level 77. Based on the analysis it seems that this pair is predicted to be bearish with support 1.0970 and i vote for SELL.

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EURUSD still have chance to fall deeper with big black candle even in previous testing the price failed to break EMA100. The price right now is below pivot line and EMA100 and PSAR. MACD in this chart seems to be bearish with higher low formation on the red zone. RSI and Stoch also fall down to level 30 and 18 respectively. Based on that this pair seems to be bearish with support at 1.0884

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On H1 the price of EURUSD seems to be bearish after the price successfully break the lower band and closed below with the help of 2 big black candle which formed on the different time and it seems because of EMA50 rejection too. RSI(14) and Stochastic(5,3,3) in this chart seems to fall around level 38 and 28 respectively. So overall this pair expected to be bearish with support at 1.0815

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Based on 1 hour graphical chart the price of this pair seems to be under EMA100 and pivot line, not to mention Parabolic SAR is above the price and price able to break middle channel and closed below. RSI(14) in this chart seems fall to around level 49 while Stochastic(5,3,3) rise up to around level 84. MACD(12,26,9) formed higher high. Well this pair predicted to be bearish but has bullish potential if the resistance at 1.0900 got a breakout.

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On h4 chart it seems that EURUSD observed to be under bearish sentiment, afer the price formed bearish engulfing pattern and the price are able to break the lower band and closed below. Not just that RSI(14) and Stochastic(5,3,3) observed to fall down deeper to around level 48 and 37 respectively. MACD(12,26,9) formed lowe lows. So this pair expected to be bearish with target at 1.0850

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On 1 hour chart the price of EURUSD somehow able to break EMA100 but the price overall still below EMA100 and the price also before got a morning star indicated for bullish sentiment. RSI(14) in this chart observed to rise around 53 and Stochastic observed rise to level 71. Based on all of those indicators and pattern this pair seems will rise and meet its resistance at 1.0942

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Bullish wedge pattern seems formed after the price show tendency to keep rising. middle band also got a breakout in 1 hour chart. So, RSI(14) and Stochastic(5,3,3) both rose to level 63 and 28 respectively , with the support from PSAR which keep moving below the current price. So i think based on that all, EU will rise towards the resistance at 1.0994





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Based on H1 chart, EURUSD show that the price of this pair is moving below pivot line and EMA100 then it indicated the bearish sentiment, also Parabolic SAR is above the current price. Based on the other indicators EU is bearish. RSI and Stoch fall to around level 60 and 20. MACD formed lower low. Based on the analysis, EURUSD will fall towards the next support at 1.0934

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EU on H1 chart observed to be bullish after the price broke EMA100 and also pivot line, with the support from RSI and Stochastic which rise to level 53 and 37 respectively. While in the other side, MACD which formed higher low and PSAR is slightly above the price. With the current condition this pair expected to rise around resistance at 1.1125

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Leading indicator on EU 1 hour time frame chart show a bearish sentiment, which are RSI and Stochastic both fall to lower level at 35 and 22. MACD formed higher low and Parabolic SAR is above the price, not to mention evening star before formed which means for bearish reversal. Based on that this pair expected to be weakening towards support at 1.1000

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EURUSD right now is moving below EMA50 and EMA100 line after able to break it with the help of bearish sentiment and hammer which indicated for reversal. RSI and Stochastic both support this downward trend where both fell down towards 45 and 55. Based on the analysis and fact of this chart, it seems this pair will be under bearish sentiment and may fall towards the next support.

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EURUSD on 1 hour time frame chart show the price is moving below EMA100 and EMA50. Pivot line still above the price and also with bearish engulfing pattern spotted this pair may fall further. RSI and Stoch both fall down to 31 and 26 respectively with support from MACD(12,26,9) which formed lower low. So based on that, this pair expected to be bearish with support at 1.0750

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  • 2 weeks later...

EURUSD based on 1 hour time frame chart saw a hammer spotted on the bearish trend and it means indication as reversal with big white candle following. Not just that RSI also rise to 45 and MACD formed higher high formation, but Stochastic fall around 34, while Parabolic SAR still above the price. The last is EMA100 which become a new test place, while EMA50 got a breakout and the price closed above because of that. Expected to bullish with resistance at 1.0590

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Today on 1 hour time frame chart, EURUSD observed to be under EMA100 and the price seems cannot break it. RSI in this chart also fall down to level 45 while Stochastic at the same time also fall to level 15. MACD in this chart formed lower high and Parabolic SAR signal is bearish. So based on those all this pair expected to fall down to 1.0550

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  • 2 weeks later...

The movement of EURUSD on H1 chart seems hampered by the pivot line even this pair opened above of that line, the price also move above EMA100 but beneath Parabolic SAR. RSI and Stochastic are both bearish. If the price able to break pivot today it may fall down further to around 1st support at 1.0515 or even up to 2nd support at 1.0473

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Even the movement of this pair is weak, but EURUSD still under bullish tendency right now, the situation near christmas and new year eve starts to affect the market, where start from next weekend to the early week of new year this pair tend to be flat. Right now RSI and Stochastic both rise indicated bullish signal, MACD formed higher high position, so for today i will vote for BUY.

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  • 3 weeks later...

Stochastic oscillator has shown overbought position for EURUSD while Relative Strength Index rise towards 69 near overbought position too. The movement is currently under resistance at 1.0527 and seems have tendency to break it but i suspect it will fail and EURUSD will turn around after failed towards the pivot line at 1.0417. So i will vote SELL for the movement of EU today.

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  • 2 weeks later...

EURUSD on H1 chart still make a bullish sentiment especially since the price don't show any sign that it will keep fall deeper and break the pivot line, i even see the bullish engulfing pattern formed in few candles before. RSI and Stochastic both rise to level 61 and level 57 respectively, so it seems this pair will keep rising up to the resistance at 1.0692

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