EUR/USD - 15 min. - Technical analysis published on 10/21/2021 (GMT)
- 165
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 1.1643 USD
My targets
1.1669 USD (+0.0005)
1.1686 USD (+0.0022)
My analysis
EUR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.1643 USD. The next resistance located at 1.1669 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.1686 USD. After this resistance, buyers could then target 1.1712 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
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 meekotv. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.1664 USD. The price has increased by +0.09% since the last closing and was between 1.1651 USD and 1.1668 USD. This implies that the price is at +0.11% from its lowest and at -0.03% from its highest.1.1651
1.1668
1.1664
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. 92.86% 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.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
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:
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1561 | 1.1616 | 1.1659 | 1.1664 | 1.1670 | 1.1723 | 1.1881 |
| Change (%) | -0.88% | -0.41% | -0.04% | - | +0.05% | +0.51% | +1.86% |
| Change | -0.0103 | -0.0048 | -0.0005 | - | +0.0006 | +0.0059 | +0.0217 |
| Level | Major | Major | Minor | - | Major | Major | 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 | 1.1583 | 1.1600 | 1.1626 | 1.1643 | 1.1669 | 1.1686 | 1.1712 |
| Camarilla | 1.1641 | 1.1645 | 1.1649 | 1.1653 | 1.1657 | 1.1661 | 1.1665 |
| Woodie | 1.1589 | 1.1602 | 1.1632 | 1.1645 | 1.1675 | 1.1688 | 1.1718 |
| Fibonacci | 1.1600 | 1.1616 | 1.1626 | 1.1643 | 1.1659 | 1.1669 | 1.1686 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1441 | 1.1482 | 1.1542 | 1.1583 | 1.1643 | 1.1684 | 1.1744 |
| Camarilla | 1.1573 | 1.1583 | 1.1592 | 1.1601 | 1.1610 | 1.1620 | 1.1629 |
| Woodie | 1.1450 | 1.1487 | 1.1551 | 1.1588 | 1.1652 | 1.1689 | 1.1753 |
| Fibonacci | 1.1482 | 1.1521 | 1.1545 | 1.1583 | 1.1622 | 1.1646 | 1.1684 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.86 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 17.8329 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 1.1664 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1662 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.1653 | |
| Zig ZAG (10): | 1.1663 | |
| VORTEX (21): | 1.1481 | |
| Stochastique (14,3,5): | 70.63 | |
| TEMA (21): | 1.1665 | |
| Williams %R (14): | -26.67 | |
| Chande Momentum Oscillator (20): | 0.0006 | |
| Repulse (5,40,3): | 0.0046 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0038 | |
| Courbe Coppock: | 0.16 |
| MA7: | 1.1622 | |
| MA20: | 1.1610 | |
| MA50: | 1.1711 | |
| MA100: | 1.1801 | |
| MAexp7: | 1.1664 | |
| MAexp20: | 1.1660 | |
| MAexp50: | 1.1655 | |
| MAexp100: | 1.1649 | |
| Price / MA7: | +0.36% | |
| Price / MA20: | +0.47% | |
| Price / MA50: | -0.40% | |
| Price / MA100: | -1.16% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.13% |
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:
-
EUR/USD and GBP/USD Forecast October 21, 2021
-
EUR/USD Technical Analysis for October 21, 2021 by FXEmpire
-
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
-
EUR/USD and GBP/USD Forecast October 20, 2021
-
EUR/USD Technical Analysis for October 20, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis EUR/USD - 15 min.