EUR/USD - 15 min. - Technical analysis published on 03/03/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 1.2057 USD
My targets
1.2123 USD (+0.0034)
1.2160 USD (+0.0071)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.2057 USD. The buyers” bullish objective is set at 1.2123 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.2160 USD. If there is any crossing, the next objective would be the resistance located at 1.2226 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.5
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Additional analysis
Quotes
The EUR/USD price is 1.2089 USD. The price registered an increase of +0.03% on the session and was between 1.2082 USD and 1.2094 USD. This implies that the price is at +0.06% from its lowest and at -0.04% from its highest.1.2082
1.2094
1.2089
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 strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
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.
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 | 1.2027 | 1.2059 | 1.2082 | 1.2089 | 1.2109 | 1.2170 | 1.2209 |
| Change (%) | -0.51% | -0.25% | -0.06% | - | +0.17% | +0.67% | +0.99% |
| Change | -0.0062 | -0.0030 | -0.0007 | - | +0.0020 | +0.0081 | +0.0120 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Minor |
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 | 1.1917 | 1.1954 | 1.2020 | 1.2057 | 1.2123 | 1.2160 | 1.2226 |
| Camarilla | 1.2057 | 1.2066 | 1.2076 | 1.2085 | 1.2094 | 1.2104 | 1.2113 |
| Woodie | 1.1931 | 1.1961 | 1.2034 | 1.2064 | 1.2137 | 1.2167 | 1.2240 |
| Fibonacci | 1.1954 | 1.1994 | 1.2018 | 1.2057 | 1.2097 | 1.2121 | 1.2160 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.45 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 5.1059 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.2088 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2092 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.2076 | |
| Zig ZAG (10): | 1.2088 | |
| VORTEX (21): | 1.0220 | |
| Stochastique (14,3,5): | 44.44 | |
| TEMA (21): | 1.2085 | |
| Williams %R (14): | -41.67 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 0.0352 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0012 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.2111 | |
| MA20: | 1.2098 | |
| MA50: | 1.2143 | |
| MA100: | 1.2027 | |
| MAexp7: | 1.2086 | |
| MAexp20: | 1.2086 | |
| MAexp50: | 1.2079 | |
| MAexp100: | 1.2068 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | -0.44% | |
| Price / MA100: | +0.52% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.17% |
Quotes :
2021-03-03 04:50:50
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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 3, 2021
-
EUR/USD Technical Analysis for March 3, 2021 by FXEmpire
-
EUR/USD Daily Forecast - Support At 1.2000 In Sight
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EUR/USD and GBP/USD Forecast March 2, 2021
-
EUR/USD Technical Analysis for March 2, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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