Price: 1.1675 | EMA7: 1.17 | EMA25: 1.17 | RSI14: 52.37 | Resistance: 1.1804 | Support: 1.1575 | Average Volume: 2542164.02 | Volume Trend: Decreasing
Based on the 4-hour technical analysis:
* The EURUSD is currently trading near the EMA7 and EMA25, indicating a neutral short-term trend.
* The RSI14 is neutral, not indicating overbought or oversold conditions.
* The MACD is slightly positive, suggesting a possible bullish momentum.
* The price is below the resistance level of 1.1804 and above the support level of 1.1575.
Recommendations:
* Long entry: Consider buying at 1.1700, with a stop-loss at 1.1650 and a take-profit at 1.1750.
* Short entry: Avoid shorting for now, as the MACD is slightly positive and the price is above the support level.
* Spot buy: Consider buying at the current price of 1.1675, targeting 1.1750, with a stop-loss at 1.1650.
Keep in mind that these are short-term recommendations and may change based on further price action. Always use proper risk management and consider your own market analysis before making any trading decisions.