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EUR/USD – Technical Analysis – 4h

November 7, 2025 08:03

Quick Summary

The chart shows potential bullish reversals as the EUR/USD is witnessing significant candlestick patterns suggesting a shift in momentum.

The MACD analysis supports short-term bullish sentiment, while recent volume increases indicate buying interest.

Candlestick Analysis

The recent candlestick patterns show a bearish to bullish reversal pattern, indicated by the formation of a potential 'morning star.'

This is followed by strong bullish candlesticks suggesting a reversal.

The overall trend is transitioning from a bearish phase to potentially bullish due to recent upward price movements.

MACD Analysis

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

This suggests short-term bullish momentum, supported by increasing histogram values.

No clear divergences are visible; the MACD is moving in tandem with price action.

Volume Analysis

Volume shows slight increases during the recent bullish candlesticks.

This suggests some buying interest after the downtrend, with volume increases supporting the bullish reversal.

No significant volume spikes indicating institutional activity are evident at this moment.

Support & Resistance

Immediate support is around the 1.1500 level, the recent breakout zone.

Key resistance lies around 1.1600, where previous price peaks occurred.

This acts as a barrier for further upward movement.

Actionable Insights

Consider a buy position if the price sustains above the 1.1530 level, targeting the 1.1600 resistance.

Watch for bearish reversal patterns near 1.1600 for potential sell opportunities if resistance holds.

The current price action suggests monitoring for a confirmed break above resistance or further consolidation.

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