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EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
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EUR/USD - 1H - Technical analysis published on 06/29/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.1254 USD
My targets
1.1294 USD (+0.0027)
1.1349 USD (+0.0082)
My analysis
EUR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.1254 USD. The next resistance located at 1.1294 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.1349 USD. After this resistance, buyers could then target 1.1401 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9

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.

Picoul
This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 1.1267 USD. On the day, this instrument gained +0.44% and was between 1.1215 USD and 1.1269 USD. This implies that the price is at +0.46% from its lowest and at -0.02% from its highest.

1.1215
1.1269
1.1267

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1206 1.1225 1.1254 1.1267 1.1294 1.1349 1.1401
Change (%) -0.54% -0.37% -0.12% - +0.24% +0.73% +1.19%
Change -0.0061 -0.0042 -0.0013 - +0.0027 +0.0082 +0.0134
Level Minor Minor Major - Minor Intermediate Major



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
Standard1.11501.11731.11951.12181.12401.12631.1285
Camarilla1.12061.12101.12141.12181.12221.12261.1230
Woodie1.11511.11731.11961.12181.12411.12631.1286
Fibonacci1.11731.11901.12011.12181.12351.12461.1263


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09601.10641.11411.12451.13221.14261.1503
Camarilla1.11681.11851.12011.12181.12351.12511.1268
Woodie1.09471.10571.11281.12381.13091.14191.1490
Fibonacci1.10641.11331.11761.12451.13141.13571.1426


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04861.06261.08651.10051.12441.13841.1623
Camarilla1.10001.10351.10691.11041.11391.11741.1208
Woodie1.05361.06511.09151.10301.12941.14091.1673
Fibonacci1.06261.07711.08601.10051.11501.12391.1384

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): 64.27
MACD (12,26,9): 0.0008
Directional Movement: 25.0275
AROON (14): 42.8571
DEMA (21): 1.1250
Parabolic SAR (0,02-0,02-0,2): 1.1305
Elder Ray (13): 0.0011
Super Trend (3,10): 1.1215
Zig ZAG (10): 1.1266
VORTEX (21): 1.1546
Stochastique (14,3,5): 43.27
TEMA (21): 1.1259
Williams %R (14): -44.94
Chande Momentum Oscillator (20): 0.0044
Repulse (5,40,3): 0.1730
ROCnROLL: 1
TRIX (15,9): 0.0077
Courbe Coppock: 0.46
MA7: 1.1244
MA20: 1.1268
MA50: 1.1046
MA100: 1.1003
MAexp7: 1.1250
MAexp20: 1.1240
MAexp50: 1.1236
MAexp100: 1.1241
Price / MA7: +0.20%
Price / MA20: -0.01%
Price / MA50: +2.00%
Price / MA100: +2.40%
Price / MAexp7: +0.15%
Price / MAexp20: +0.24%
Price / MAexp50: +0.28%
Price / MAexp100: +0.23%

Quotes : 2020-06-29 09:52:42 - Real time data - Forex

News


The last news published on EUR/USD at the time of the generation of this analysis was as follows:

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

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