EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 07/26/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
44%
17%
39%
My opinion
Bearish under 1.1787 USD
My targets
1.1763 USD (-0.0012)
1.1641 USD (-0.0134)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/USD. As long as you are under the resistance located at 1.1787 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.1763 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.1641 USD as an objective. Crossing it would then enable sellers to target 1.1561 USD. If the resistance 1.1787 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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 1.1775 USD. On the day, this instrument gained +0.03% and was traded between 1.1763 USD and 1.1800 USD over the period. The price is currently at +0.10% from its lowest and -0.21% from its highest.

1.1763
1.1800
1.1775

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this EUR/USD chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 1.1754 1.1763 1.1775 1.1775 1.1787 1.1803 1.1825
Change (%) -0.18% -0.10% 0% - +0.10% +0.24% +0.42%
Change -0.0021 -0.0012 0 - +0.0012 +0.0028 +0.0050
Level Intermediate Minor Intermediate - Intermediate Minor Minor



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
Standard1.17211.17381.17541.17711.17871.18041.1820
Camarilla1.17621.17651.17681.17711.17741.17771.1780
Woodie1.17221.17381.17551.17711.17881.18041.1821
Fibonacci1.17381.17501.17581.17711.17831.17911.1804


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.16591.17061.17381.17851.18171.18641.1896
Camarilla1.17491.17571.17641.17711.17781.17861.1793
Woodie1.16531.17021.17321.17811.18111.18601.1890
Fibonacci1.17061.17361.17551.17851.18151.18341.1864


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): 47.29
MACD (12,26,9): 0.0001
Directional Movement: 6.8568
AROON (14): 50.0000
DEMA (21): 1.1776
Parabolic SAR (0,02-0,02-0,2): 1.1800
Elder Ray (13): 0.0001
Super Trend (3,10): 1.1795
Zig ZAG (10): 1.1774
VORTEX (21): 1.1176
Stochastique (14,3,5): 47.87
TEMA (21): 1.1780
Williams %R (14): -51.35
Chande Momentum Oscillator (20): 0.0009
Repulse (5,40,3): 0.0075
ROCnROLL: 1
TRIX (15,9): 0.0005
Courbe Coppock: 0.15
MA7: 1.1785
MA20: 1.1822
MA50: 1.1993
MA100: 1.1978
MAexp7: 1.1779
MAexp20: 1.1774
MAexp50: 1.1775
MAexp100: 1.1781
Price / MA7: -0.08%
Price / MA20: -0.40%
Price / MA50: -1.82%
Price / MA100: -1.69%
Price / MAexp7: -0.03%
Price / MAexp20: +0.01%
Price / MAexp50: -0%
Price / MAexp100: -0.05%

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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