EUR/USD - 15 min. - Technical analysis published on 08/03/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 1.1856 USD
My targets
1.1894 USD (+0.0020)
1.1915 USD (+0.0041)
My analysis
The basic trend is currently slightly bullish on EUR/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 1.1856 USD, purchases could be favourable. The first bullish objective would be the resistance located at 1.1894 USD. Then the price could move towards 1.1915 USD. Then 1.1932 USD by extension. A return under the support to 1.1856 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3
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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 rating is 1.1874 USD. The price registered an increase of +0.00% on the session and was between 1.1868 USD and 1.1879 USD. This implies that the price is at +0.05% from its lowest and at -0.04% from its highest.1.1868
1.1879
1.1874
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EUR/USD in 15 min. shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1772 | 1.1831 | 1.1851 | 1.1874 | 1.1877 | 1.1897 | 1.1909 |
| Change (%) | -0.86% | -0.36% | -0.19% | - | +0.03% | +0.19% | +0.29% |
| Change | -0.0102 | -0.0043 | -0.0023 | - | +0.0003 | +0.0023 | +0.0035 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Intermediate |
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 | 1.1818 | 1.1839 | 1.1856 | 1.1877 | 1.1894 | 1.1915 | 1.1932 |
| Camarilla | 1.1864 | 1.1867 | 1.1871 | 1.1874 | 1.1878 | 1.1881 | 1.1885 |
| Woodie | 1.1817 | 1.1838 | 1.1855 | 1.1876 | 1.1893 | 1.1914 | 1.1931 |
| Fibonacci | 1.1839 | 1.1853 | 1.1862 | 1.1877 | 1.1891 | 1.1900 | 1.1915 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1640 | 1.1701 | 1.1786 | 1.1847 | 1.1932 | 1.1993 | 1.2078 |
| Camarilla | 1.1830 | 1.1843 | 1.1857 | 1.1870 | 1.1883 | 1.1897 | 1.1910 |
| Woodie | 1.1651 | 1.1707 | 1.1797 | 1.1853 | 1.1943 | 1.1999 | 1.2089 |
| Fibonacci | 1.1701 | 1.1757 | 1.1792 | 1.1847 | 1.1903 | 1.1938 | 1.1993 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1621 | 1.1687 | 1.1778 | 1.1844 | 1.1935 | 1.2001 | 1.2092 |
| Camarilla | 1.1827 | 1.1841 | 1.1856 | 1.1870 | 1.1884 | 1.1899 | 1.1913 |
| Woodie | 1.1635 | 1.1693 | 1.1792 | 1.1850 | 1.1949 | 1.2007 | 1.2106 |
| Fibonacci | 1.1687 | 1.1747 | 1.1784 | 1.1844 | 1.1904 | 1.1941 | 1.2001 |
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): | 51.99 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 5.5085 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 1.1873 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1876 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.1880 | |
| Zig ZAG (10): | 1.1875 | |
| VORTEX (21): | 0.9877 | |
| Stochastique (14,3,5): | 47.14 | |
| TEMA (21): | 1.1874 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | 0.0058 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0001 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.1854 | |
| MA20: | 1.1825 | |
| MA50: | 1.1952 | |
| MA100: | 1.1975 | |
| MAexp7: | 1.1872 | |
| MAexp20: | 1.1873 | |
| MAexp50: | 1.1874 | |
| MAexp100: | 1.1874 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +0.41% | |
| Price / MA50: | -0.65% | |
| Price / MA100: | -0.84% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
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 and GBP/USD Forecast August 3, 2021
-
EUR/USD Technical Analysis for August 03, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast August 2, 2021
-
EUR/USD Technical Analysis for the Week of August 02, 2021 by FXEmpire
-
EUR/USD Technical Analysis for August 02, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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