EUR/USD - 1H - Technical analysis published on 10/26/2020 (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
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.1841 USD
My targets
1.1787 USD (-0.0034)
1.1771 USD (-0.0050)
My analysis
EUR/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 1.1841 USD, 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 1.1787 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 1.1771 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 1.1746 USD. Beware of a possible return to above the resistance located at 1.1841 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.6
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1821 USD. On the day, this instrument lost -0.33% with the lowest point at 1.1816 USD and the highest point at 1.1861 USD. The deviation from the price is +0.04% for the low point and -0.34% for the high point.1.1816
1.1861
1.1821
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1746 | 1.1771 | 1.1787 | 1.1821 | 1.1841 | 1.1867 | 1.1944 |
| Change (%) | -0.63% | -0.42% | -0.29% | - | +0.17% | +0.39% | +1.04% |
| Change | -0.0075 | -0.0050 | -0.0034 | - | +0.0020 | +0.0046 | +0.0123 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1732 | 1.1759 | 1.1810 | 1.1837 | 1.1888 | 1.1915 | 1.1966 |
| Camarilla | 1.1839 | 1.1846 | 1.1853 | 1.1860 | 1.1867 | 1.1874 | 1.1881 |
| Woodie | 1.1743 | 1.1765 | 1.1821 | 1.1843 | 1.1899 | 1.1921 | 1.1977 |
| Fibonacci | 1.1759 | 1.1789 | 1.1808 | 1.1837 | 1.1867 | 1.1886 | 1.1915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1570 | 1.1637 | 1.1748 | 1.1815 | 1.1926 | 1.1993 | 1.2104 |
| Camarilla | 1.1811 | 1.1827 | 1.1844 | 1.1860 | 1.1876 | 1.1893 | 1.1909 |
| Woodie | 1.1593 | 1.1648 | 1.1771 | 1.1826 | 1.1949 | 1.2004 | 1.2127 |
| Fibonacci | 1.1637 | 1.1705 | 1.1747 | 1.1815 | 1.1883 | 1.1925 | 1.1993 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1155 | 1.1383 | 1.1554 | 1.1782 | 1.1953 | 1.2181 | 1.2352 |
| Camarilla | 1.1614 | 1.1651 | 1.1687 | 1.1724 | 1.1761 | 1.1797 | 1.1834 |
| Woodie | 1.1126 | 1.1369 | 1.1525 | 1.1768 | 1.1924 | 1.2167 | 1.2323 |
| Fibonacci | 1.1383 | 1.1536 | 1.1630 | 1.1782 | 1.1935 | 1.2029 | 1.2181 |
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): | 39.29 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -4.7402 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 1.1836 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1851 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 1.1862 | |
| Zig ZAG (10): | 1.1820 | |
| VORTEX (21): | 0.8871 | |
| Stochastique (14,3,5): | 16.89 | |
| TEMA (21): | 1.1836 | |
| Williams %R (14): | -74.42 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | -0.0275 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0032 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.1811 | |
| MA20: | 1.1774 | |
| MA50: | 1.1798 | |
| MA100: | 1.1640 | |
| MAexp7: | 1.1835 | |
| MAexp20: | 1.1837 | |
| MAexp50: | 1.1835 | |
| MAexp100: | 1.1824 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +0.19% | |
| Price / MA100: | +1.55% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.12% | |
| Price / MAexp100: | -0.03% |
Quotes :
2020-10-26 08:31:03
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Real time data
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Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
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EUR/USD Technical Analysis for October 26, 2020 by FXEmpire
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This member declared not having a position on this financial instrument or a related financial instrument.
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