EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 15 min. - Technical analysis published on 10/15/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.1600 USD
My targets
1.1615 USD (+0.0007)
1.1641 USD (+0.0033)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.1600 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1615 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1641 USD as an objective. Crossing it would then enable buyers to target 1.1656 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

This analysis was given by meekotv. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
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.

Additional analysis

Quotes

The EUR/USD price is 1.1608 USD. On the day, this instrument gained +0.16% and was between 1.1588 USD and 1.1612 USD. This implies that the price is at +0.17% from its lowest and at -0.03% from its highest.

1.1588
1.1612
1.1608

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

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 bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 15 minutes



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1572 1.1587 1.1603 1.1608 1.1613 1.1625 1.1723
Change (%) -0.31% -0.18% -0.04% - +0.04% +0.15% +0.99%
Change -0.0036 -0.0021 -0.0005 - +0.0005 +0.0017 +0.0115
Level Minor Intermediate Minor - Minor Major Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.15331.15591.15741.16001.16151.16411.1656
Camarilla1.15791.15831.15861.15901.15941.15981.1601
Woodie1.15291.15561.15701.15971.16111.16381.1652
Fibonacci1.15591.15741.15841.16001.16151.16251.1641


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.14111.14701.15221.15811.16331.16921.1744
Camarilla1.15441.15541.15641.15741.15841.15941.1605
Woodie1.14081.14681.15191.15791.16301.16901.1741
Fibonacci1.14701.15121.15391.15811.16231.16501.1692


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.11071.13351.14541.16821.18011.20291.2148
Camarilla1.14791.15101.15421.15741.16061.16381.1669
Woodie1.10541.13081.14011.16551.17481.20021.2095
Fibonacci1.13351.14671.15491.16821.18141.18961.2029

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): 64.74
MACD (12,26,9): 0.0004
Directional Movement: 16.0258
AROON (14): 78.5714
DEMA (21): 1.1606
Parabolic SAR (0,02-0,02-0,2): 1.1600
Elder Ray (13): 0.0004
Super Trend (3,10): 1.1598
Zig ZAG (10): 1.1608
VORTEX (21): 1.1310
Stochastique (14,3,5): 84.72
TEMA (21): 1.1609
Williams %R (14): -12.50
Chande Momentum Oscillator (20): 0.0015
Repulse (5,40,3): 0.0021
ROCnROLL: 1
TRIX (15,9): 0.0028
Courbe Coppock: 0.24
MA7: 1.1573
MA20: 1.1626
MA50: 1.1719
MA100: 1.1824
MAexp7: 1.1607
MAexp20: 1.1602
MAexp50: 1.1599
MAexp100: 1.1596
Price / MA7: +0.30%
Price / MA20: -0.15%
Price / MA50: -0.95%
Price / MA100: -1.83%
Price / MAexp7: +0.01%
Price / MAexp20: +0.05%
Price / MAexp50: +0.08%
Price / MAexp100: +0.10%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on EUR/USD. At the time of publication of this analysis, the latest news was as follows:

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

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