EUR/GBP - 1H - Technical analysis published on 09/15/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 0.9201 GBP
My targets
0.9134 GBP (-0.0052)
0.9041 GBP (-0.0145)
My analysis
EUR/GBP is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 0.9201 GBP, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 0.9134 GBP. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 0.9041 GBP would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 0.8933 GBP. Beware of a possible return to above the resistance located at 0.9201 GBP which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.5
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This analysis was given by pyxis2025. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/GBP rating 0.9186 GBP. The price registered a decrease of -0.54% on the session with the lowest point at 0.9184 GBP and the highest point at 0.9259 GBP. The deviation from the price is +0.02% for the low point and -0.79% for the high point.0.9184
0.9259
0.9186
Here is a more detailed summary of the historical variations registered by EUR/GBP:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/GBP chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8933 | 0.9041 | 0.9134 | 0.9186 | 0.9201 | 0.9238 | 0.9310 |
| Change (%) | -2.75% | -1.58% | -0.57% | - | +0.16% | +0.57% | +1.35% |
| Change | -0.0253 | -0.0145 | -0.0052 | - | +0.0015 | +0.0052 | +0.0124 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | 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 | 0.9136 | 0.9169 | 0.9202 | 0.9235 | 0.9268 | 0.9301 | 0.9334 |
| Camarilla | 0.9218 | 0.9224 | 0.9230 | 0.9236 | 0.9242 | 0.9248 | 0.9254 |
| Woodie | 0.9137 | 0.9169 | 0.9203 | 0.9235 | 0.9269 | 0.9301 | 0.9335 |
| Fibonacci | 0.9169 | 0.9194 | 0.9210 | 0.9235 | 0.9260 | 0.9276 | 0.9301 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8658 | 0.8792 | 0.9025 | 0.9159 | 0.9392 | 0.9526 | 0.9759 |
| Camarilla | 0.9158 | 0.9192 | 0.9225 | 0.9259 | 0.9293 | 0.9326 | 0.9360 |
| Woodie | 0.8709 | 0.8817 | 0.9076 | 0.9184 | 0.9443 | 0.9551 | 0.9810 |
| Fibonacci | 0.8792 | 0.8932 | 0.9019 | 0.9159 | 0.9299 | 0.9386 | 0.9526 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8707 | 0.8807 | 0.8870 | 0.8970 | 0.9033 | 0.9133 | 0.9196 |
| Camarilla | 0.8887 | 0.8902 | 0.8917 | 0.8932 | 0.8947 | 0.8962 | 0.8977 |
| Woodie | 0.8688 | 0.8798 | 0.8851 | 0.8961 | 0.9014 | 0.9124 | 0.9177 |
| Fibonacci | 0.8807 | 0.8870 | 0.8908 | 0.8970 | 0.9033 | 0.9071 | 0.9133 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.59 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -16.2943 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.9209 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9227 | |
| Elder Ray (13): | -0.0019 | |
| Super Trend (3,10): | 0.9241 | |
| Zig ZAG (10): | 0.9194 | |
| VORTEX (21): | 0.8793 | |
| Stochastique (14,3,5): | 12.79 | |
| TEMA (21): | 0.9200 | |
| Williams %R (14): | -98.41 | |
| Chande Momentum Oscillator (20): | -0.0057 | |
| Repulse (5,40,3): | -0.2404 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0080 | |
| Courbe Coppock: | 0.86 |
| MA7: | 0.9150 | |
| MA20: | 0.9024 | |
| MA50: | 0.9035 | |
| MA100: | 0.8983 | |
| MAexp7: | 0.9204 | |
| MAexp20: | 0.9219 | |
| MAexp50: | 0.9221 | |
| MAexp100: | 0.9191 | |
| Price / MA7: | +0.39% | |
| Price / MA20: | +1.80% | |
| Price / MA50: | +1.67% | |
| Price / MA100: | +2.26% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.36% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -0.05% |
Quotes :
2020-09-15 17:23:20
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Real time data
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Forex
News
Don"t forget to follow the news on EUR/GBP. At the time of publication of this analysis, the latest news was as follows:
-
Will EUR/GBP target 0.9400? – 11 September 2020
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GBP/USD, EUR/GBP and GBP/NZD Weekly Outlooks - Webinar
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Will EUR/GBP continue to push higher? – 23rd July 2020
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GBP/USD, EUR/GBP and FTSE Outlook - UK Market Webinar
-
GBP/USD, EUR/GBP and FTSE Outlooks - UK Market Webinar
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