EUR/USD - 15 min. - Technical analysis published on 10/06/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 1.1599 USD
My targets
1.1577 USD (-0.0016)
1.1559 USD (-0.0034)
My analysis
All elements being clearly 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 1.1599 USD. The next bearish objective for sellers is set at 1.1577 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1559 USD. If there is any crossing, the next objective would be the support located at 1.1537 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
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
3.9
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Additional analysis
Quotes
The EUR/USD rating is 1.1593 USD. The price is lower by -0.03% since the last closing and was traded between 1.1588 USD and 1.1598 USD over the period. The price is currently at +0.04% from its lowest and -0.04% from its highest.1.1588
1.1598
1.1593
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support 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:
White hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1216 | 1.1561 | 1.1590 | 1.1593 | 1.1609 | 1.1640 | 1.1700 |
| Change (%) | -3.25% | -0.28% | -0.03% | - | +0.14% | +0.41% | +0.92% |
| Change | -0.0377 | -0.0032 | -0.0003 | - | +0.0016 | +0.0047 | +0.0107 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Minor |
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 | 1.1537 | 1.1559 | 1.1577 | 1.1599 | 1.1617 | 1.1639 | 1.1657 |
| Camarilla | 1.1585 | 1.1589 | 1.1592 | 1.1596 | 1.1600 | 1.1603 | 1.1607 |
| Woodie | 1.1536 | 1.1558 | 1.1576 | 1.1598 | 1.1616 | 1.1638 | 1.1656 |
| Fibonacci | 1.1559 | 1.1574 | 1.1583 | 1.1599 | 1.1614 | 1.1623 | 1.1639 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1362 | 1.1462 | 1.1529 | 1.1629 | 1.1696 | 1.1796 | 1.1863 |
| Camarilla | 1.1550 | 1.1565 | 1.1581 | 1.1596 | 1.1611 | 1.1627 | 1.1642 |
| Woodie | 1.1346 | 1.1454 | 1.1513 | 1.1621 | 1.1680 | 1.1788 | 1.1847 |
| Fibonacci | 1.1462 | 1.1526 | 1.1565 | 1.1629 | 1.1693 | 1.1732 | 1.1796 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1107 | 1.1335 | 1.1454 | 1.1682 | 1.1801 | 1.2029 | 1.2148 |
| Camarilla | 1.1479 | 1.1510 | 1.1542 | 1.1574 | 1.1606 | 1.1638 | 1.1669 |
| Woodie | 1.1054 | 1.1308 | 1.1401 | 1.1655 | 1.1748 | 1.2002 | 1.2095 |
| Fibonacci | 1.1335 | 1.1467 | 1.1549 | 1.1682 | 1.1814 | 1.1896 | 1.2029 |
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): | 46.90 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -8.5313 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 1.1592 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1595 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.1589 | |
| Zig ZAG (10): | 1.1593 | |
| VORTEX (21): | 0.9221 | |
| Stochastique (14,3,5): | 54.07 | |
| TEMA (21): | 1.1592 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0093 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0020 | |
| Courbe Coppock: | 0.04 |
| MA7: | 1.1609 | |
| MA20: | 1.1706 | |
| MA50: | 1.1758 | |
| MA100: | 1.1868 | |
| MAexp7: | 1.1593 | |
| MAexp20: | 1.1594 | |
| MAexp50: | 1.1596 | |
| MAexp100: | 1.1599 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -0.97% | |
| Price / MA50: | -1.40% | |
| Price / MA100: | -2.32% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.05% |
Quotes :
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Real time data
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Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
-
EUR/USD and GBP/USD Forecast October 6, 2021
-
EUR/USD Technical Analysis for October 06, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast October 5, 2021
-
EUR/USD Technical Analysis for October 05, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast October 4, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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