EUR/USD - 15 min. - Technical analysis published on 08/07/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 1.1870 USD
My targets
1.1824 USD (-0.0011)
1.1772 USD (-0.0063)
My analysis
The bearish basic trend is very strong on EUR/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.1870 USD. Crossing the first support at 1.1824 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 1.1772 USD as an objective. Crossing it would then enable sellers to target 1.1726 USD. Caution, a return to above the resistance located at 1.1870 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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This analysis was given by Ahmed93. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD rating is 1.1835 USD. The price registered a decrease of -0.35% on the session with the lowest point at 1.1820 USD and the highest point at 1.1882 USD. The deviation from the price is +0.13% for the low point and -0.40% for the high point.1.1820
1.1882
1.1835
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this EUR/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1742 | 1.1781 | 1.1818 | 1.1835 | 1.1894 | 1.1916 | 1.2036 |
| Change (%) | -0.79% | -0.46% | -0.14% | - | +0.50% | +0.68% | +1.70% |
| Change | -0.0093 | -0.0054 | -0.0017 | - | +0.0059 | +0.0081 | +0.0201 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | Minor |
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 | 1.1726 | 1.1772 | 1.1824 | 1.1870 | 1.1922 | 1.1968 | 1.2020 |
| Camarilla | 1.1849 | 1.1858 | 1.1867 | 1.1876 | 1.1885 | 1.1894 | 1.1903 |
| Woodie | 1.1729 | 1.1774 | 1.1827 | 1.1872 | 1.1925 | 1.1970 | 1.2023 |
| Fibonacci | 1.1772 | 1.1809 | 1.1833 | 1.1870 | 1.1907 | 1.1931 | 1.1968 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1367 | 1.1502 | 1.1640 | 1.1775 | 1.1913 | 1.2048 | 1.2186 |
| Camarilla | 1.1704 | 1.1729 | 1.1754 | 1.1779 | 1.1804 | 1.1829 | 1.1854 |
| Woodie | 1.1370 | 1.1503 | 1.1643 | 1.1776 | 1.1916 | 1.2049 | 1.2189 |
| Fibonacci | 1.1502 | 1.1606 | 1.1670 | 1.1775 | 1.1879 | 1.1943 | 1.2048 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0616 | 1.0900 | 1.1340 | 1.1624 | 1.2064 | 1.2348 | 1.2788 |
| Camarilla | 1.1580 | 1.1646 | 1.1713 | 1.1779 | 1.1845 | 1.1912 | 1.1978 |
| Woodie | 1.0693 | 1.0939 | 1.1417 | 1.1663 | 1.2141 | 1.2387 | 1.2865 |
| Fibonacci | 1.0900 | 1.1177 | 1.1348 | 1.1624 | 1.1901 | 1.2072 | 1.2348 |
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): | 44.03 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -4.9874 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.1835 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1831 | |
| Elder Ray (13): | -0.0002 | |
| Super Trend (3,10): | 1.1854 | |
| Zig ZAG (10): | 1.1836 | |
| VORTEX (21): | 0.9403 | |
| Stochastique (14,3,5): | 47.41 | |
| TEMA (21): | 1.1836 | |
| Williams %R (14): | -71.43 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0833 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0084 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.1830 | |
| MA20: | 1.1644 | |
| MA50: | 1.1417 | |
| MA100: | 1.1157 | |
| MAexp7: | 1.1840 | |
| MAexp20: | 1.1842 | |
| MAexp50: | 1.1851 | |
| MAexp100: | 1.1855 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +1.64% | |
| Price / MA50: | +3.66% | |
| Price / MA100: | +6.08% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.17% |
Quotes :
2020-08-07 07:56:39
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Real time data
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Forex
News
Don"t forget to follow the news on EUR/USD. At the time of publication of this analysis, the latest news was as follows:
-
EUR/USD Technical Analysis for August 7, 2020 by FXEmpire
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EUR/USD and GBP/USD Forecast August 6, 2020
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EUR/USD Technical Analysis for August 6, 2020 by FXEmpire
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EUR/USD and GBP/USD Forecast August 5, 2020
-
EUR/USD Technical Analysis for August 5, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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