Euro/USD Price Action Analysis (26th Sept 2024)

Sep 26

This chart shows the price movement of Euro against the U.S. Dollar (EUR/USD) on a 15-minute timeframe, published on September 26, 2024. The chart highlights key levels with Fibonacci retracement and Fair Value Gaps (FVG), suggesting potential areas of interest for traders. After a significant price drop, the market seems to be recovering, approaching the 50% Fibonacci level. Volume bars at the bottom indicate the intensity of trading at different price points, offering insights into market sentiment. This setup can be useful for anticipating potential reversal zones or continuations in the near term.