EUR/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 05/10/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

22%

28%

50%

My opinion

Neutral between 1.0734 USD and 1.0791 USD

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.0791 USD. The first support is located at 1.0734 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/USD rating is 1.0770 USD. The price registered a decrease of -0.11% on the session with the lowest point at 1.0760 USD and the highest point at 1.0790 USD. The deviation from the price is +0.09% for the low point and -0.19% for the high point.

1.0760

1.0790

1.0770

Here is a more detailed summary of the historical variations registered by EUR/USD:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of EUR/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0708	1.0734	1.0765	1.0770	1.0791	1.0813	1.0862
Change (%)	-0.58%	-0.33%	-0.05%	-	+0.19%	+0.40%	+0.85%
Change	-0.0062	-0.0036	-0.0005	-	+0.0021	+0.0043	+0.0092
Level	Intermediate	Major	Intermediate	-	Minor	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0680	1.0702	1.0742	1.0764	1.0804	1.0826	1.0866
Camarilla	1.0765	1.0771	1.0776	1.0782	1.0788	1.0793	1.0799
Woodie	1.0689	1.0707	1.0751	1.0769	1.0813	1.0831	1.0875
Fibonacci	1.0702	1.0726	1.0740	1.0764	1.0788	1.0802	1.0826

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0506	1.0577	1.0670	1.0741	1.0834	1.0905	1.0998
Camarilla	1.0717	1.0732	1.0747	1.0762	1.0777	1.0792	1.0807
Woodie	1.0516	1.0583	1.0680	1.0747	1.0844	1.0911	1.1008
Fibonacci	1.0577	1.0640	1.0679	1.0741	1.0804	1.0843	1.0905

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0266	1.0433	1.0550	1.0717	1.0834	1.1001	1.1118
Camarilla	1.0588	1.0614	1.0640	1.0666	1.0692	1.0718	1.0744
Woodie	1.0240	1.0421	1.0524	1.0705	1.0808	1.0989	1.1092
Fibonacci	1.0433	1.0542	1.0609	1.0717	1.0826	1.0893	1.1001

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):	47.90
MACD (12,26,9):	0.0003
Directional Movement:	-0.9834
AROON (14):	-7.1428
DEMA (21):	1.0779
Parabolic SAR (0,02-0,02-0,2):	1.0790
Elder Ray (13):	-0.0008
Super Trend (3,10):	1.0761
Zig ZAG (10):	1.0771
VORTEX (21):	0.9257
Stochastique (14,3,5):	45.83
TEMA (21):	1.0777
Williams %R (14):	-60.00
Chande Momentum Oscillator (20):	-0.0004
Repulse (5,40,3):	-0.0132
ROCnROLL:	-1
TRIX (15,9):	0.0072
Courbe Coppock:	0.07

MA7:	1.0758
MA20:	1.0705
MA50:	1.0788
MA100:	1.0830
MAexp7:	1.0774
MAexp20:	1.0774
MAexp50:	1.0767
MAexp100:	1.0759
Price / MA7:	+0.11%
Price / MA20:	+0.61%
Price / MA50:	-0.17%
Price / MA100:	-0.55%
Price / MAexp7:	-0.04%
Price / MAexp20:	-0.04%
Price / MAexp50:	+0.03%
Price / MAexp100:	+0.10%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/USD at the time of the analysis were as follows:

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

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