Indicators and patterns
The Momentum indicator for EUR/USD on the 15-minute timeframe is currently showing a Bearish signal, suggesting a potential selling opportunity. This signal occurred at a price of 1.08651 at 14:30 on October 31, 2024.
Prior to this, there was a Bullish signal on the same currency pair and timeframe, indicating a buying opportunity. This signal occurred at a price of 1.08713 at 14:15 on October 31, 2024.
Additionally, the ATR (Average True Range) indicator for EUR/USD on the 15-minute timeframe is also showing a Bearish signal, aligning with the Momentum indicator's suggestion to sell. This signal occurred at a price of 1.08713 at 14:15 on October 31, 2024.
Overall, these indicators and signals suggest a potential shift in momentum towards the downside for EUR/USD on the 15-minute timeframe, indicating a selling opportunity. Traders may consider these signals in their decision-making process.