Indicators and patterns
2/13/2025
Indicators and patterns
The Average Directional Index (ADX) is a technical indicator used to measure the strength of a trend. In this case, the ADX for the currency pair EUR/USD on a 15-minute timeframe is showing a bullish signal. A bullish signal indicates that there is strength in the uptrend of the currency pair.The specific signal generated is a "Buy" signal, suggesting that there may be a favorable opportunity to enter a long position on EUR/USD. The signal was triggered at a price of 1.03997 on February 13, 2025, at 12:30 UTC.
Traders and investors often use the ADX in conjunction with other technical indicators to make informed decisions about their trading strategies. In this scenario, the bullish ADX signal may be interpreted as a potential indication of continued upward momentum in the EUR/USD pair.
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
