EUR/USD - 1H - Technical analysis published on 04/12/2021 (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 bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.1856 USD
My targets
1.1928 USD (+0.0018)
1.1957 USD (+0.0047)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.1856 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1928 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1957 USD as an objective. Crossing it would then enable buyers to target 1.2077 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
7.9
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.1910 USD. On the day, this instrument gained +0.07% and was traded between 1.1871 USD and 1.1919 USD over the period. The price is currently at +0.33% from its lowest and -0.08% from its highest.1.1871
1.1919
1.1910
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.1771 | 1.1856 | 1.1901 | 1.1910 | 1.1928 | 1.1957 | 1.2077 |
| Change (%) | -1.17% | -0.45% | -0.08% | - | +0.15% | +0.39% | +1.40% |
| Change | -0.0139 | -0.0054 | -0.0009 | - | +0.0018 | +0.0047 | +0.0167 |
| Level | Major | Major | Minor | - | Intermediate | Major | 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 | 1.1820 | 1.1843 | 1.1873 | 1.1896 | 1.1926 | 1.1949 | 1.1979 |
| Camarilla | 1.1887 | 1.1892 | 1.1897 | 1.1902 | 1.1907 | 1.1912 | 1.1917 |
| Woodie | 1.1823 | 1.1845 | 1.1876 | 1.1898 | 1.1929 | 1.1951 | 1.1982 |
| Fibonacci | 1.1843 | 1.1864 | 1.1876 | 1.1896 | 1.1917 | 1.1929 | 1.1949 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1594 | 1.1666 | 1.1784 | 1.1856 | 1.1974 | 1.2046 | 1.2164 |
| Camarilla | 1.1850 | 1.1867 | 1.1885 | 1.1902 | 1.1919 | 1.1937 | 1.1954 |
| Woodie | 1.1617 | 1.1678 | 1.1807 | 1.1868 | 1.1997 | 1.2058 | 1.2187 |
| Fibonacci | 1.1666 | 1.1739 | 1.1783 | 1.1856 | 1.1929 | 1.1973 | 1.2046 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1174 | 1.1439 | 1.1583 | 1.1848 | 1.1992 | 1.2257 | 1.2401 |
| Camarilla | 1.1615 | 1.1652 | 1.1690 | 1.1727 | 1.1765 | 1.1802 | 1.1840 |
| Woodie | 1.1114 | 1.1409 | 1.1523 | 1.1818 | 1.1932 | 1.2227 | 1.2341 |
| Fibonacci | 1.1439 | 1.1595 | 1.1692 | 1.1848 | 1.2004 | 1.2101 | 1.2257 |
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): | 58.53 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 5.7445 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.1899 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1875 | |
| Elder Ray (13): | 0.0012 | |
| Super Trend (3,10): | 1.1871 | |
| Zig ZAG (10): | 1.1917 | |
| VORTEX (21): | 1.0474 | |
| Stochastique (14,3,5): | 83.33 | |
| TEMA (21): | 1.1901 | |
| Williams %R (14): | -6.25 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | 0.1452 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0009 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.1865 | |
| MA20: | 1.1845 | |
| MA50: | 1.1967 | |
| MA100: | 1.2050 | |
| MAexp7: | 1.1905 | |
| MAexp20: | 1.1898 | |
| MAexp50: | 1.1893 | |
| MAexp100: | 1.1876 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +0.55% | |
| Price / MA50: | -0.48% | |
| Price / MA100: | -1.16% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.29% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
-
EUR/USD Daily Forecast - Euro Is Under Pressure At The Start Of The Week
-
EUR/USD and GBP/USD Forecast April 12, 2021
-
EUR/USD Technical Analysis for April 12, 2021 by FXEmpire
-
EUR/USD Daily Forecast - Euro Moves Lower Ahead Of The Weekend
-
EUR/USD and GBP/USD Forecast April 9, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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