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Message: [QUOTE="Resolve, post: 236721, member: 29339"] [B][SIZE=5]EURUSD Technical Analysis – 19th SEP, 2024 EURUSD – Bullish Price Crossover Pattern[/SIZE][/B] [img]https://i.imgur.com/Z1Lv1w2.png[/img] EURUSD was unable to continue its bearish momentum and after touching a low of 1.1067 the prices started to correct upwards against the United States Dollar today in the European Trading session. We have seen Bullish price crossover with Moving Average 100 in the 15-minutes timeframe. We can see Bullish price crossover with adaptative moving average 100 in the 15-minutes timeframe. The price of EURUSD is back over the pivot point in the 15-minutes timeframe. We can see the formation of Bullish price crossover with Moving Average 100 in the 30-minutes timeframe. The RSI indicator is back over 50 in the 1-hourly timeframe. The Ichimoku: price is over the cloud in the 1-hourly timeframe. We have also seen Moving Average bullish crossovers: MA50 & MA100 in the 4-hourly timeframe. The Resistance of channel is broken in the daily timeframe. EURUSD is now trading above its 100-hour SMA and its 200-hour SMA simple moving averages. • Euro Bullish reversal seen above the 1.1067 mark. • Short-term range appears to be Mild Bullish. • EURUSD continues to remain above the 1.1120 levels. • Average true range ATR is indicating Less market volatility. The next resistance is located at 1.1132 which is a 14-3 Day Raw Stochastic at 70%. EURUSD is now trading near to its Pivot levels of 1.1137 and is moving into a Mild Bullish channel. The price of EURUSD remains above its Classic support levels of 1.1115 and is moving towards its next target of 1.1151 which is a 14-3 Day Raw Stochastic at 80%. [I][B]Disclaimer:[/B] This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.[/I] [B][URL="https://fxopen.com/blog/en/?utm_source=earnforexforum&utm_medium=ownanalysis&utm_campaign=resolve"]For in-depth analysis, please check FXOpen Blog[/URL][/B] [/QUOTE]

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