EUR/USD - 15 min. - Technical analysis published on 03/02/2021 (GMT)
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- Timeframe : 15 min.
- - 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:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.2059 USD
My targets
1.2017 USD (-0.0004)
1.1985 USD (-0.0036)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/USD as long as the price remains well below 1.2059 USD. The sellers” bearish objective is set at 1.2017 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1985 USD. In case of crossing, the next objective would be the support located at 1.1943 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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Additional analysis
Quotes
The EUR/USD rating is 1.2021 USD. The price is lower by -0.23% since the last closing with the lowest point at 1.2015 USD and the highest point at 1.2049 USD. The deviation from the price is +0.05% for the low point and -0.23% for the high point.1.2015
1.2049
1.2021
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1367 | 1.1561 | 1.1944 | 1.2021 | 1.2027 | 1.2059 | 1.2109 |
| Change (%) | -5.44% | -3.83% | -0.64% | - | +0.05% | +0.32% | +0.73% |
| Change | -0.0654 | -0.0460 | -0.0077 | - | +0.0006 | +0.0038 | +0.0088 |
| Level | Minor | Major | Intermediate | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1943 | 1.1985 | 1.2017 | 1.2059 | 1.2091 | 1.2133 | 1.2165 |
| Camarilla | 1.2029 | 1.2035 | 1.2042 | 1.2049 | 1.2056 | 1.2063 | 1.2069 |
| Woodie | 1.1938 | 1.1983 | 1.2012 | 1.2057 | 1.2086 | 1.2131 | 1.2160 |
| Fibonacci | 1.1985 | 1.2013 | 1.2031 | 1.2059 | 1.2087 | 1.2105 | 1.2133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1828 | 1.1945 | 1.2009 | 1.2126 | 1.2190 | 1.2307 | 1.2371 |
| Camarilla | 1.2023 | 1.2040 | 1.2056 | 1.2073 | 1.2090 | 1.2106 | 1.2123 |
| Woodie | 1.1802 | 1.1932 | 1.1983 | 1.2113 | 1.2164 | 1.2294 | 1.2345 |
| Fibonacci | 1.1945 | 1.2014 | 1.2057 | 1.2126 | 1.2195 | 1.2238 | 1.2307 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1645 | 1.1798 | 1.1936 | 1.2089 | 1.2227 | 1.2380 | 1.2518 |
| Camarilla | 1.1993 | 1.2020 | 1.2046 | 1.2073 | 1.2100 | 1.2126 | 1.2153 |
| Woodie | 1.1637 | 1.1794 | 1.1928 | 1.2085 | 1.2219 | 1.2376 | 1.2510 |
| Fibonacci | 1.1798 | 1.1910 | 1.1978 | 1.2089 | 1.2201 | 1.2269 | 1.2380 |
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): | 33.25 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -22.6649 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.2024 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2028 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 1.2040 | |
| Zig ZAG (10): | 1.2023 | |
| VORTEX (21): | 0.7886 | |
| Stochastique (14,3,5): | 32.03 | |
| TEMA (21): | 1.2021 | |
| Williams %R (14): | -65.22 | |
| Chande Momentum Oscillator (20): | -0.0011 | |
| Repulse (5,40,3): | -0.0299 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0062 | |
| Courbe Coppock: | 0.28 |
| MA7: | 1.2113 | |
| MA20: | 1.2093 | |
| MA50: | 1.2144 | |
| MA100: | 1.2024 | |
| MAexp7: | 1.2025 | |
| MAexp20: | 1.2031 | |
| MAexp50: | 1.2039 | |
| MAexp100: | 1.2052 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | -0.60% | |
| Price / MA50: | -1.01% | |
| Price / MA100: | -0.02% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.26% |
Quotes :
2021-03-02 04:52:56
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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:
-
EUR/USD and GBP/USD Forecast March 2, 2021
-
EUR/USD Technical Analysis for March 2, 2021 by FXEmpire
-
EUR/USD Daily Forecast - Euro Tries To Rebound After Sell-Off
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EUR/USD and GBP/USD Forecast March 1, 2021
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EUR/USD Technical Analysis for the Week of March 1, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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