EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 1H - Technical analysis published on 07/22/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.1803 USD
My targets
1.1752 USD (-0.0030)
1.1641 USD (-0.0141)
My analysis
All elements being rather 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 1.1803 USD. The next bearish objective for sellers is set at 1.1752 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 1.1641 USD. If there is any crossing, the next objective would be the support located at 1.1561 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.6

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This analysis was given by emc3. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 1.1782 USD. The price registered a decrease of -0.09% on the session and was traded between 1.1779 USD and 1.1802 USD over the period. The price is currently at +0.03% from its lowest and -0.17% from its highest.

1.1779
1.1802
1.1782

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

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 a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1641 1.1752 1.1775 1.1782 1.1791 1.1803 1.1825
Change (%) -1.20% -0.25% -0.06% - +0.08% +0.18% +0.36%
Change -0.0141 -0.0030 -0.0007 - +0.0009 +0.0021 +0.0043
Level Minor Minor Major - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.17081.17301.17611.17831.18141.18361.1867
Camarilla1.17771.17821.17871.17921.17971.18021.1807
Woodie1.17131.17321.17661.17851.18191.18381.1872
Fibonacci1.17301.17501.17631.17831.18031.18161.1836


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.16471.17101.17571.18201.18671.19301.1977
Camarilla1.17751.17851.17951.18051.18151.18251.1835
Woodie1.16401.17061.17501.18161.18601.19261.1970
Fibonacci1.17101.17521.17781.18201.18621.18881.1930


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.13061.15751.17161.19851.21261.23951.2536
Camarilla1.17431.17811.18181.18561.18941.19311.1969
Woodie1.12411.15431.16511.19531.20611.23631.2471
Fibonacci1.15751.17321.18291.19851.21421.22391.2395

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): 49.41
MACD (12,26,9): 0.0003
Directional Movement: -0.0109
AROON (14): -42.8571
DEMA (21): 1.1795
Parabolic SAR (0,02-0,02-0,2): 1.1802
Elder Ray (13): -0.0003
Super Trend (3,10): 1.1771
Zig ZAG (10): 1.1787
VORTEX (21): 1.0896
Stochastique (14,3,5): 33.33
TEMA (21): 1.1796
Williams %R (14): -95.24
Chande Momentum Oscillator (20): -0.0010
Repulse (5,40,3): -0.1671
ROCnROLL: 2
TRIX (15,9): 0.0046
Courbe Coppock: 0.01
MA7: 1.1800
MA20: 1.1839
MA50: 1.2008
MA100: 1.1981
MAexp7: 1.1792
MAexp20: 1.1791
MAexp50: 1.1789
MAexp100: 1.1793
Price / MA7: -0.15%
Price / MA20: -0.48%
Price / MA50: -1.88%
Price / MA100: -1.66%
Price / MAexp7: -0.08%
Price / MAexp20: -0.08%
Price / MAexp50: -0.06%
Price / MAexp100: -0.09%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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