EUR/USD - 1H - Technical analysis published on 11/30/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 1.1332 USD
My targets
1.1375 USD (+0.0021)
1.1424 USD (+0.0070)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.1332 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1375 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1424 USD as an objective. Crossing it would then enable buyers to target 1.1524 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
9.1
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This analysis was given by Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.1354 USD. On the day, this instrument gained +0.55% and was traded between 1.1285 USD and 1.1357 USD over the period. The price is currently at +0.61% from its lowest and -0.03% from its highest.1.1285
1.1357
1.1354
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H 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 is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.1259 | 1.1295 | 1.1332 | 1.1354 | 1.1375 | 1.1524 | 1.1723 |
Change (%) | -0.84% | -0.52% | -0.19% | - | +0.18% | +1.50% | +3.25% |
Change | -0.0095 | -0.0059 | -0.0022 | - | +0.0021 | +0.0170 | +0.0369 |
Level | Intermediate | Intermediate | Minor | - | Minor | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1197 | 1.1227 | 1.1260 | 1.1290 | 1.1323 | 1.1353 | 1.1386 |
Camarilla | 1.1275 | 1.1281 | 1.1286 | 1.1292 | 1.1298 | 1.1304 | 1.1309 |
Woodie | 1.1198 | 1.1228 | 1.1261 | 1.1291 | 1.1324 | 1.1354 | 1.1387 |
Fibonacci | 1.1227 | 1.1251 | 1.1266 | 1.1290 | 1.1314 | 1.1329 | 1.1353 |
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): | 77.65 | |
MACD (12,26,9): | 0.0016 | |
Directional Movement: | 30.1276 | |
AROON (14): | 100.0000 | |
DEMA (21): | 1.1323 | |
Parabolic SAR (0,02-0,02-0,2): | 1.1295 | |
Elder Ray (13): | 0.0037 | |
Super Trend (3,10): | 1.1310 | |
Zig ZAG (10): | 1.1353 | |
VORTEX (21): | 1.2509 | |
Stochastique (14,3,5): | 96.06 | |
TEMA (21): | 1.1333 | |
Williams %R (14): | -1.25 | |
Chande Momentum Oscillator (20): | 0.0061 | |
Repulse (5,40,3): | 0.3062 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0107 | |
Courbe Coppock: | 0.94 |
MA7: | 1.1266 | |
MA20: | 1.1390 | |
MA50: | 1.1525 | |
MA100: | 1.1659 | |
MAexp7: | 1.1329 | |
MAexp20: | 1.1305 | |
MAexp50: | 1.1286 | |
MAexp100: | 1.1273 | |
Price / MA7: | +0.78% | |
Price / MA20: | -0.32% | |
Price / MA50: | -1.48% | |
Price / MA100: | -2.62% | |
Price / MAexp7: | +0.22% | |
Price / MAexp20: | +0.43% | |
Price / MAexp50: | +0.60% | |
Price / MAexp100: | +0.72% |
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 November 30, 2021
- EUR/USD Technical Analysis for November 30, 2021 by FXEmpire
- 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
This member declared not having a position on this financial instrument or a related financial instrument.
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