EUR/USD - 1H - Technical analysis published on 07/22/2021 (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
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 1.1708 | 1.1730 | 1.1761 | 1.1783 | 1.1814 | 1.1836 | 1.1867 |
Camarilla | 1.1777 | 1.1782 | 1.1787 | 1.1792 | 1.1797 | 1.1802 | 1.1807 |
Woodie | 1.1713 | 1.1732 | 1.1766 | 1.1785 | 1.1819 | 1.1838 | 1.1872 |
Fibonacci | 1.1730 | 1.1750 | 1.1763 | 1.1783 | 1.1803 | 1.1816 | 1.1836 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1647 | 1.1710 | 1.1757 | 1.1820 | 1.1867 | 1.1930 | 1.1977 |
Camarilla | 1.1775 | 1.1785 | 1.1795 | 1.1805 | 1.1815 | 1.1825 | 1.1835 |
Woodie | 1.1640 | 1.1706 | 1.1750 | 1.1816 | 1.1860 | 1.1926 | 1.1970 |
Fibonacci | 1.1710 | 1.1752 | 1.1778 | 1.1820 | 1.1862 | 1.1888 | 1.1930 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1306 | 1.1575 | 1.1716 | 1.1985 | 1.2126 | 1.2395 | 1.2536 |
Camarilla | 1.1743 | 1.1781 | 1.1818 | 1.1856 | 1.1894 | 1.1931 | 1.1969 |
Woodie | 1.1241 | 1.1543 | 1.1651 | 1.1953 | 1.2061 | 1.2363 | 1.2471 |
Fibonacci | 1.1575 | 1.1732 | 1.1829 | 1.1985 | 1.2142 | 1.2239 | 1.2395 |
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 :
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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:
- S&P 500 Recovery Perhaps at Greater Risk to ECB Decision as EURUSD
- EUR/USD and GBP/USD Forecast July 22, 2021
- EUR/USD Technical Analysis for July 22, 2021 by FXEmpire
- EUR/USD and GBP/USD Forecast July 21, 2021
- EUR/USD Technical Outlook: Pressing Hard on Big Support
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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