This is a reversal of the price action on the previous hour, in which price moved up.
It’s been a feast for bulls operating on an hourly timeframe, as eurusd has now gone up 4 of the past 5 hours.
This imputes a buy/sell ratio of 1.04, which is neutral.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
Compared to its peers in the forex, eurusd gave its buyers a return that ranked 25th in terms of percentage change since the day prior.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down.
It should be noted, though, that a trend in the opposite direction, going up, exists on the 90 day timeframe.
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.