Analysis of EUR/USD for 4h


Analysis of EUR/USD for 4h

Analysis of EUR/USD

Based on the provided data for the EUR/USD pair on a 4-hour interval:

1. **Price Movement**: The price of EUR/USD has been fluctuating within a relatively narrow range, with the price closing around 1.0838.

2. **Relative Strength Index (RSI)**: The RSI values indicate that the market is in a slightly overbought condition, with RSI values ranging from 51 to 63. This suggests a potential reversal or consolidation in the near future.

3. **Moving Average Convergence Divergence (MACD)**: The MACD line is close to the signal line, indicating a possible trend reversal or a period of consolidation. The MACD histogram is negative, suggesting a bearish momentum.

4. **Moving Averages (MA)**: The price is currently above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA), indicating a short-term bullish bias.

5. **Price Levels**: The price has been trading within a tight range between 1.081 and 1.084, with no significant breakout observed.

Overall, the indicators suggest a mixed outlook for the EUR/USD pair, with a potential for a reversal or consolidation in the near term. Traders may consider monitoring key support and resistance levels for potential trading opportunities.


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