Analysis of EUR/USD for 15min


Analysis of EUR/USD for 15min

Analysis of EUR/USD

Based on the provided data for the EUR/USD currency pair on a 15-minute interval on June 5th, 2024, we can make the following analysis:

1. **Price Movement**:
- The price fluctuated between 1.08700 and 1.08770 throughout the day.
- The closing price ranged from 1.08660 to 1.08750.

2. **Technical Indicators**:
- **RSI Indicator**: Showed values between 29.07 and 45.28, indicating some fluctuations in the price momentum.
- **MACD Indicator**: The MACD line was slightly negative, with values ranging from -0.00023 to -0.00018.
- **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) were relatively close to each other, indicating a stable trend.

3. **Overall Analysis**:
- The RSI values suggest that the market was not strongly overbought or oversold.
- The MACD line showed a slightly bearish sentiment.
- Moving averages were clustered together, indicating a lack of strong trend direction.

4. **Conclusion**:
- The EUR/USD pair showed a relatively stable price movement with minor fluctuations.
- Traders may need to look for additional confirmation signals before making trading decisions due to the lack of a clear trend direction.

Please note that this analysis is based on the provided data and should be used for informational purposes only.


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


Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment S.A. at ul. Nowy Swiat 33/13, 00-029 Warsaw, Poland, Register number KRS 0000895826, share capital in the amount of 201.4 mln PLN, NIP 5252859204, REGON 388760204