EUR/USD Weekly Analysis: Decision Zone in Sight

The EUR/USD is currently in a critical decision zone. Our automated systems signal increased volatility in the coming trading days.

Technical Analysis

On the 4-hour chart, the instrument shows a classic converging triangle formation. The MACD is in the neutral zone, while the RSI (14) is around 52.

Our EA Strategy

Our EURUSD EA v3.2 is currently set to a sideways strategy with tighter stops. The lot size has been reduced until a clear direction is visible.