EUR/GBP - 1H - Technical analysis published on 11/05/2020 (GMT)
- 142
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
22%
22%
56%
My opinion
Neutral between 0.9006 GBP and 0.9041 GBP
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.9041 GBP. The first support is located at 0.9006 GBP. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/GBP rating 0.9020 GBP. On the day, this instrument lost -0.31% with the lowest point at 0.9005 GBP and the highest point at 0.9069 GBP. The deviation from the price is +0.17% for the low point and -0.54% for the high point.0.9005
0.9069
0.9020
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/GBP 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 slightly bullish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 10 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8945 | 0.8984 | 0.9006 | 0.9020 | 0.9041 | 0.9060 | 0.9076 |
| Change (%) | -0.83% | -0.40% | -0.16% | - | +0.23% | +0.44% | +0.62% |
| Change | -0.0075 | -0.0036 | -0.0014 | - | +0.0021 | +0.0040 | +0.0056 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8852 | 0.8899 | 0.8973 | 0.9020 | 0.9094 | 0.9141 | 0.9215 |
| Camarilla | 0.9015 | 0.9026 | 0.9037 | 0.9048 | 0.9059 | 0.9070 | 0.9081 |
| Woodie | 0.8867 | 0.8906 | 0.8988 | 0.9027 | 0.9109 | 0.9148 | 0.9230 |
| Fibonacci | 0.8899 | 0.8945 | 0.8973 | 0.9020 | 0.9066 | 0.9094 | 0.9141 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8825 | 0.8904 | 0.8947 | 0.9026 | 0.9069 | 0.9148 | 0.9191 |
| Camarilla | 0.8956 | 0.8967 | 0.8978 | 0.8989 | 0.9000 | 0.9011 | 0.9023 |
| Woodie | 0.8806 | 0.8895 | 0.8928 | 0.9017 | 0.9050 | 0.9139 | 0.9172 |
| Fibonacci | 0.8904 | 0.8951 | 0.8980 | 0.9026 | 0.9073 | 0.9102 | 0.9148 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8750 | 0.8867 | 0.8928 | 0.9045 | 0.9106 | 0.9223 | 0.9284 |
| Camarilla | 0.8940 | 0.8956 | 0.8973 | 0.8989 | 0.9005 | 0.9022 | 0.9038 |
| Woodie | 0.8722 | 0.8853 | 0.8900 | 0.9031 | 0.9078 | 0.9209 | 0.9256 |
| Fibonacci | 0.8867 | 0.8935 | 0.8977 | 0.9045 | 0.9113 | 0.9155 | 0.9223 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.92 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | -2.8726 | |
| AROON (14): | -7.1428 | |
| DEMA (21): | 0.9048 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9069 | |
| Elder Ray (13): | -0.0015 | |
| Super Trend (3,10): | 0.9013 | |
| Zig ZAG (10): | 0.9019 | |
| VORTEX (21): | 1.0631 | |
| Stochastique (14,3,5): | 65.58 | |
| TEMA (21): | 0.9058 | |
| Williams %R (14): | -73.44 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.4128 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0232 | |
| Courbe Coppock: | 0.81 |
| MA7: | 0.9015 | |
| MA20: | 0.9048 | |
| MA50: | 0.9070 | |
| MA100: | 0.9054 | |
| MAexp7: | 0.9045 | |
| MAexp20: | 0.9032 | |
| MAexp50: | 0.9018 | |
| MAexp100: | 0.9016 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -0.31% | |
| Price / MA50: | -0.55% | |
| Price / MA100: | -0.38% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.04% |
Quotes :
2020-11-05 08:08:13
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Real time data
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Forex
News
The last news published on EUR/GBP at the time of the generation of this analysis was as follows:
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Market Sentiment Rally Lifts EUR, GBP, AUD, but Stocks Lag | Webinar
-
Will EUR/GBP target 0.9400? – 11 September 2020
-
GBP/USD, EUR/GBP and GBP/NZD Weekly Outlooks - Webinar
-
Will EUR/GBP continue to push higher? – 23rd July 2020
-
GBP/USD, EUR/GBP and FTSE Outlook - UK Market Webinar
This member declared not having a position on this financial instrument or a related financial instrument.
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