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 pair on a 15-minute interval on June 5th, 2024, we can make the following analysis:

1. **Price Movement**: The price of EUR/USD fluctuated between 1.08660 and 1.08770 during the day, with the opening and closing prices showing slight variations.

2. **Relative Strength Index (RSI)**: The RSI values ranged from 29.07 to 45.29, indicating a slightly oversold to neutral market sentiment. The RSI values suggest that the market was not in extreme overbought or oversold conditions.

3. **Moving Average Convergence Divergence (MACD)**: The MACD line was mostly negative throughout the day, indicating a bearish momentum. The MACD histogram fluctuated around the zero line, suggesting some indecision in the market.

4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) values were relatively close to each other, indicating a stable trend without significant divergence.

5. **Overall Analysis**: The EUR/USD pair showed a lack of strong directional movement during the day, with indicators pointing towards a neutral to slightly bearish bias. Traders may need to wait for clearer signals or confirmation of a trend before making trading decisions.

Please note that this analysis is based on the provided data and should be considered in conjunction with other factors and analysis for a comprehensive trading decision.


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