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EUR/USD – Technical Analysis – 4h

September 16, 2025 07:02

Quick Summary

The chart reflects a bullish trend with a steady rise over the past weeks. Recent technical indicators suggest a continuation of positive market sentiment. Observing volume changes and maintaining current support levels is crucial for confirming the trend strength.

Candlestick Analysis

Recently, there is a continuation of green candles indicating bullish momentum.

The chart shows a bullish trend with higher highs and higher lows from early September.

The price has recently moved above the 1.17750 resistance level, suggesting a potential breakout.

MACD Analysis

The MACD line is above the Signal line, suggesting a bullish crossover.

The histogram is positive and expanding, supporting the idea of strong upward momentum.

No significant divergence between the MACD and price action, supporting the current price trend.

Volume Analysis

There is a moderate increase in volume supporting the recent price rise.

The rising price alongside moderate volume supports the validity of the bullish trend.

Steady volume aligns with upward movement with no unusual spikes suggesting institutional activity.

Support & Resistance

Previously around 1.17750, now potentially a support level if the upward momentum holds.

Support around 1.17000, where price consolidated previously.

Breach and hold above these levels could indicate continued bullish sentiment and potential further upside.

Actionable Insights

Consider a buy strategy if the price holds above 1.17750, with a target towards 1.18000 or higher.

Look for confirmation through continued volume support and MACD line staying above the Signal line.

Be cautious of a false breakout if volume decreases or a bearish divergence appears on MACD.

The AI Technical Analysis Center is an informational tool only and does not constitute investment or trading advice.
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