Dotbee.ai

Analysis of EUR/USD for 15min

2/4/2025

Analysis of EUR/USD for 15min

Analysis of EUR/USD

Based on the provided data for EUR/USD on a 15-minute interval, here is a short analysis:

1. **Price Movement**: The price of EUR/USD has been fluctuating within a relatively narrow range, with the price closing around 1.03719 to 1.03860.

2. **Relative Strength Index (RSI)**: The RSI values range from 53.54 to 68.41, indicating that the market is not strongly overbought or oversold. The RSI values suggest a moderate level of price momentum.

3. **Moving Average Convergence Divergence (MACD)**: The MACD indicator values are positive, indicating a bullish trend. However, the MACD histogram shows a slight decrease in bullish momentum.

4. **Moving Averages (MA)**: The closing prices are generally above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), suggesting a bullish bias in the short term.

5. **Price Range**: The price has been trading within a relatively tight range, with minor fluctuations between the high and low prices.

Overall, the analysis suggests a slightly bullish sentiment in the short term, supported by the positive MACD values and the position of the closing prices above the moving averages. However, traders should closely monitor the RSI values and the MACD histogram for any signs of a potential reversal in the price trend.

MACD of EUR/USD

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link