EUR/USD - 1H - Technical analysis published on 11/29/2021 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
11%
67%
22%
My opinion
Neutral between 1.1216 USD and 1.1292 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.1292 USD. The first support is located at 1.1216 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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 Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1268 USD. The price is lower by -0.42% since the last closing with the lowest point at 1.1258 USD and the highest point at 1.1321 USD. The deviation from the price is +0.09% for the low point and -0.47% for the high point.1.1258
1.1321
1.1268
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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
A technical analysis in 1H of this EUR/USD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 1.0655 | 1.0899 | 1.1216 | 1.1268 | 1.1292 | 1.1314 | 1.1332 |
| Change (%) | -5.44% | -3.27% | -0.46% | - | +0.21% | +0.41% | +0.57% |
| Change | -0.0613 | -0.0369 | -0.0052 | - | +0.0024 | +0.0046 | +0.0064 |
| Level | Major | Minor | Major | - | Intermediate | Minor | 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 | 1.1113 | 1.1160 | 1.1238 | 1.1285 | 1.1363 | 1.1410 | 1.1488 |
| Camarilla | 1.1282 | 1.1293 | 1.1305 | 1.1316 | 1.1328 | 1.1339 | 1.1350 |
| Woodie | 1.1129 | 1.1168 | 1.1254 | 1.1293 | 1.1379 | 1.1418 | 1.1504 |
| Fibonacci | 1.1160 | 1.1208 | 1.1237 | 1.1285 | 1.1333 | 1.1362 | 1.1410 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1078 | 1.1132 | 1.1224 | 1.1278 | 1.1370 | 1.1424 | 1.1516 |
| Camarilla | 1.1276 | 1.1289 | 1.1303 | 1.1316 | 1.1329 | 1.1343 | 1.1356 |
| Woodie | 1.1097 | 1.1142 | 1.1243 | 1.1288 | 1.1389 | 1.1434 | 1.1535 |
| Fibonacci | 1.1132 | 1.1188 | 1.1222 | 1.1278 | 1.1334 | 1.1368 | 1.1424 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1324 | 1.1424 | 1.1492 | 1.1592 | 1.1660 | 1.1760 | 1.1828 |
| Camarilla | 1.1514 | 1.1529 | 1.1545 | 1.1560 | 1.1575 | 1.1591 | 1.1606 |
| Woodie | 1.1308 | 1.1416 | 1.1476 | 1.1584 | 1.1644 | 1.1752 | 1.1812 |
| Fibonacci | 1.1424 | 1.1488 | 1.1528 | 1.1592 | 1.1656 | 1.1696 | 1.1760 |
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): | 42.08 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -3.0473 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 1.1282 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1294 | |
| Elder Ray (13): | -0.0016 | |
| Super Trend (3,10): | 1.1304 | |
| Zig ZAG (10): | 1.1265 | |
| VORTEX (21): | 0.8430 | |
| Stochastique (14,3,5): | 26.17 | |
| TEMA (21): | 1.1273 | |
| Williams %R (14): | -78.38 | |
| Chande Momentum Oscillator (20): | -0.0017 | |
| Repulse (5,40,3): | -0.1481 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0056 | |
| Courbe Coppock: | 0.38 |
| MA7: | 1.1252 | |
| MA20: | 1.1401 | |
| MA50: | 1.1532 | |
| MA100: | 1.1663 | |
| MAexp7: | 1.1275 | |
| MAexp20: | 1.1279 | |
| MAexp50: | 1.1268 | |
| MAexp100: | 1.1262 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | -1.17% | |
| Price / MA50: | -2.29% | |
| Price / MA100: | -3.39% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.05% |
Quotes :
-
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 November 29, 2021
-
EUR/USD Technical Analysis for the Week of November 29, 2021 by FXEmpire
-
EUR/USD Technical Analysis for November 29, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast November 26, 2021
-
EUR/USD Technical Analysis for November 26, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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