EURO TETHER - EURT/USD - 1H - Technical analysis published on 10/07/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.982300 USD
My targets
0.963500 USD (-1.52%)
My analysis
The bearish trend is currently very strong for EURO TETHER - EURT/USD. As long as the price remains below the resistance at 0.982300 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.963500 USD. The bearish momentum would be revived by a break in this support. 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
5.5
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Additional analysis
Quotes
The EURO TETHER - EURT/USD rating is 0.978400 USD. The price is lower by -0.02% since the last closing and was traded between 0.976100 USD and 0.981000 USD over the period. The price is currently at +0.24% from its lowest and -0.27% from its highest.0.976100
0.981000
0.978400
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EURO TETHER - EURT/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 8 are bullish, 5 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.959300 | 0.963500 | 0.973933 | 0.978400 | 0.979509 | 0.982300 | 0.992300 |
| Change (%) | -1.95% | -1.52% | -0.46% | - | +0.11% | +0.40% | +1.42% |
| Change | -0.019100 | -0.014900 | -0.004467 | - | +0.001109 | +0.003900 | +0.013900 |
| Level | Minor | Minor | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.958333 | 0.967867 | 0.973233 | 0.982767 | 0.988133 | 0.997667 | 1.003033 |
| Camarilla | 0.974503 | 0.975868 | 0.977234 | 0.978600 | 0.979966 | 0.981332 | 0.982698 |
| Woodie | 0.956250 | 0.966825 | 0.971150 | 0.981725 | 0.986050 | 0.996625 | 1.000950 |
| Fibonacci | 0.967867 | 0.973559 | 0.977075 | 0.982767 | 0.988459 | 0.991975 | 0.997667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.930133 | 0.941967 | 0.961033 | 0.972867 | 0.991933 | 1.003767 | 1.022833 |
| Camarilla | 0.971603 | 0.974435 | 0.977268 | 0.980100 | 0.982933 | 0.985765 | 0.988598 |
| Woodie | 0.933750 | 0.943775 | 0.964650 | 0.974675 | 0.995550 | 1.005575 | 1.026450 |
| Fibonacci | 0.941967 | 0.953771 | 0.961063 | 0.972867 | 0.984671 | 0.991963 | 1.003767 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.884533 | 0.919167 | 0.949733 | 0.984367 | 1.014933 | 1.049567 | 1.080133 |
| Camarilla | 0.962370 | 0.968347 | 0.974323 | 0.980300 | 0.986277 | 0.992253 | 0.998230 |
| Woodie | 0.882500 | 0.918150 | 0.947700 | 0.983350 | 1.012900 | 1.048550 | 1.078100 |
| Fibonacci | 0.919167 | 0.944073 | 0.959460 | 0.984367 | 1.009273 | 1.024660 | 1.049567 |
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): | 38.41 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -17.507207 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.978133 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.977679 | |
| Elder Ray (13): | -0.000983 | |
| Super Trend (3,10): | 0.983797 | |
| Zig ZAG (10): | 0.979100 | |
| VORTEX (21): | 0.7254 | |
| Stochastique (14,3,5): | 46.82 | |
| TEMA (21): | 0.977970 | |
| Williams %R (14): | -44.44 | |
| Chande Momentum Oscillator (20): | 0.000300 | |
| Repulse (5,40,3): | 0.0134 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0370 | |
| Courbe Coppock: | 0.59 |
| MA7: | 0.983914 | |
| MA20: | 0.980610 | |
| MA50: | 0.991658 | |
| MA100: | 1.005409 | |
| MAexp7: | 0.979174 | |
| MAexp20: | 0.981253 | |
| MAexp50: | 0.984391 | |
| MAexp100: | 0.984557 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | -1.34% | |
| Price / MA100: | -2.69% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.61% | |
| Price / MAexp100: | -0.63% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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