EUR/USD - 15 min. - Technical analysis published on 06/14/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.2132 USD
My targets
1.2069 USD (-0.0030)
1.2031 USD (-0.0068)
My analysis
EUR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.2132 USD. The next support located at 1.2069 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.2031 USD. Below this support, sellers could then target 1.1968 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
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
6.8
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This analysis was given by Meeko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.2099 USD. The price is lower by -0.07% since the last closing with the lowest point at 1.2094 USD and the highest point at 1.2113 USD. The deviation from the price is +0.04% for the low point and -0.12% for the high point.1.2094
1.2113
1.2099
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this EUR/USD chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.1856 | 1.2059 | 1.2093 | 1.2099 | 1.2104 | 1.2118 | 1.2143 |
Change (%) | -2.01% | -0.33% | -0.05% | - | +0.04% | +0.16% | +0.36% |
Change | -0.0243 | -0.0040 | -0.0006 | - | +0.0005 | +0.0019 | +0.0044 |
Level | Minor | Major | Minor | - | Major | Minor | Intermediate |
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 | 1.1968 | 1.2031 | 1.2069 | 1.2132 | 1.2170 | 1.2233 | 1.2271 |
Camarilla | 1.2080 | 1.2090 | 1.2099 | 1.2108 | 1.2117 | 1.2127 | 1.2136 |
Woodie | 1.1957 | 1.2025 | 1.2058 | 1.2126 | 1.2159 | 1.2227 | 1.2260 |
Fibonacci | 1.2031 | 1.2069 | 1.2093 | 1.2132 | 1.2170 | 1.2194 | 1.2233 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1936 | 1.2015 | 1.2061 | 1.2140 | 1.2186 | 1.2265 | 1.2311 |
Camarilla | 1.2074 | 1.2085 | 1.2097 | 1.2108 | 1.2120 | 1.2131 | 1.2142 |
Woodie | 1.1921 | 1.2007 | 1.2046 | 1.2132 | 1.2171 | 1.2257 | 1.2296 |
Fibonacci | 1.2015 | 1.2062 | 1.2092 | 1.2140 | 1.2187 | 1.2217 | 1.2265 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1775 | 1.1881 | 1.2056 | 1.2162 | 1.2337 | 1.2443 | 1.2618 |
Camarilla | 1.2155 | 1.2181 | 1.2206 | 1.2232 | 1.2258 | 1.2284 | 1.2309 |
Woodie | 1.1811 | 1.1898 | 1.2092 | 1.2179 | 1.2373 | 1.2460 | 1.2654 |
Fibonacci | 1.1881 | 1.1988 | 1.2054 | 1.2162 | 1.2269 | 1.2335 | 1.2443 |
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): | 35.20 | |
MACD (12,26,9): | -0.0003 | |
Directional Movement: | -15.9480 | |
AROON (14): | -100.0000 | |
DEMA (21): | 1.2099 | |
Parabolic SAR (0,02-0,02-0,2): | 1.2103 | |
Elder Ray (13): | -0.0005 | |
Super Trend (3,10): | 1.2108 | |
Zig ZAG (10): | 1.2098 | |
VORTEX (21): | 0.8293 | |
Stochastique (14,3,5): | 31.25 | |
TEMA (21): | 1.2098 | |
Williams %R (14): | -58.33 | |
Chande Momentum Oscillator (20): | -0.0002 | |
Repulse (5,40,3): | -0.0032 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0024 | |
Courbe Coppock: | 0.11 |
MA7: | 1.2155 | |
MA20: | 1.2185 | |
MA50: | 1.2096 | |
MA100: | 1.2042 | |
MAexp7: | 1.2099 | |
MAexp20: | 1.2102 | |
MAexp50: | 1.2109 | |
MAexp100: | 1.2123 | |
Price / MA7: | -0.46% | |
Price / MA20: | -0.71% | |
Price / MA50: | +0.02% | |
Price / MA100: | +0.47% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | -0.08% | |
Price / MAexp100: | -0.20% |
Quotes :
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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 and GBP/USD Forecast June 14, 2021
- EUR/USD Technical Analysis for the Week of June 14, 2021 by FXEmpire
- EUR/USD Technical Analysis for June 14, 2021 by FXEmpire
- EUR/USD and GBP/USD Forecast June 11, 2021
- EUR/USD Technical Analysis for June 11, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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