EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
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EUR/USD - 15 min. - Technical analysis published on 04/15/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 1.0664 USD
My targets
1.0601 USD (-0.0035)
1.0558 USD (-0.0078)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.0664 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0601 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0558 USD as an objective. Crossing it would then enable sellers to target 1.0495 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by stebetrade. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.0636 USD. The price registered a decrease of -0.07% on the session with the lowest point at 1.0622 USD and the highest point at 1.0665 USD. The deviation from the price is +0.13% for the low point and -0.27% for the high point.

1.0622
1.0665
1.0636

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/USD in 15 min. shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0129 1.0469 1.0564 1.0636 1.0638 1.0708 1.0757
Change (%) -4.77% -1.57% -0.68% - +0.02% +0.68% +1.14%
Change -0.0507 -0.0167 -0.0072 - +0.0002 +0.0072 +0.0121
Level Minor Intermediate Minor - Major Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04951.05581.06011.06641.07071.07701.0813
Camarilla1.06141.06241.06331.06431.06531.06621.0672
Woodie1.04841.05531.05901.06591.06961.07651.0802
Fibonacci1.05581.05991.06241.06641.07051.07301.0770


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02851.04541.05481.07171.08111.09801.1074
Camarilla1.05711.05951.06191.06431.06671.06911.0715
Woodie1.02491.04351.05121.06981.07751.09611.1038
Fibonacci1.04541.05541.06161.07171.08171.08791.0980


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04981.06331.07121.08471.09261.10611.1140
Camarilla1.07331.07531.07721.07921.08121.08311.0851
Woodie1.04711.06191.06851.08331.08991.10471.1113
Fibonacci1.06331.07141.07651.08471.09281.09791.1061

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 43.89
MACD (12,26,9): -0.0004
Directional Movement: -6.0319
AROON (14): -50.0000
DEMA (21): 1.0635
Parabolic SAR (0,02-0,02-0,2): 1.0624
Elder Ray (13): -0.0002
Super Trend (3,10): 1.0653
Zig ZAG (10): 1.0638
VORTEX (21): 0.8730
Stochastique (14,3,5): 48.29
TEMA (21): 1.0634
Williams %R (14): -56.25
Chande Momentum Oscillator (20): -0.0002
Repulse (5,40,3): -0.0245
ROCnROLL: 2
TRIX (15,9): -0.0069
Courbe Coppock: 0.22
MA7: 1.0758
MA20: 1.0801
MA50: 1.0821
MA100: 1.0863
MAexp7: 1.0638
MAexp20: 1.0641
MAexp50: 1.0646
MAexp100: 1.0652
Price / MA7: -1.13%
Price / MA20: -1.53%
Price / MA50: -1.71%
Price / MA100: -2.09%
Price / MAexp7: -0.03%
Price / MAexp20: -0.06%
Price / MAexp50: -0.10%
Price / MAexp100: -0.16%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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