November 12, 2021 21:51 GMT
Over the past 91 days, EURUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 135 days, EURUSD’s price has been in a clear downtrend, falling by about $0.00 per day.
Over the past 24 months, EURUSD’s price has gone up $0.04.
EURUSD has a price of $1.1443, down 1.02% from its value 12 days prior.
+ Strongest correlations over previous 30 days within its asset class: GBPUSD, USDNOK, and USDCAD
+ Weakest correlation over previous 30 days within its asset class: USDJPY
Given that we see an uptrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Relative to other instruments in the forex asset class, eurusd ranked 25th yesterday in terms of percentage price change.
Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down.
The clearest trend exists on the 30 day timeframe, which shows price moving down over that time.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
For additional context, note that price has gone down 8 out of the past 14 days.
Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
Given that we see downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Price action traders may also wish to note that we see a pin bar candlestick pattern on eurusd.