EUR/USD - 1H - Technical analysis published on 12/02/2021 (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
33%
17%
50%
My opinion
Neutral between 1.1302 USD and 1.1359 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.1359 USD. The first support is located at 1.1302 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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
The EUR/USD rating is 1.1323 USD. On the day, this instrument gained +0.04% and was traded between 1.1307 USD and 1.1340 USD over the period. The price is currently at +0.14% from its lowest and -0.15% from its highest.1.1307
1.1340
1.1323
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 EUR/USD in 1H shows an overall slightly bullish trend. 57.14% 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
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 | 1.1235 | 1.1257 | 1.1302 | 1.1323 | 1.1332 | 1.1359 | 1.1383 |
| Change (%) | -0.78% | -0.58% | -0.19% | - | +0.08% | +0.32% | +0.53% |
| Change | -0.0088 | -0.0066 | -0.0021 | - | +0.0009 | +0.0036 | +0.0060 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1236 | 1.1269 | 1.1294 | 1.1327 | 1.1352 | 1.1385 | 1.1410 |
| Camarilla | 1.1303 | 1.1308 | 1.1314 | 1.1319 | 1.1324 | 1.1330 | 1.1335 |
| Woodie | 1.1232 | 1.1267 | 1.1290 | 1.1325 | 1.1348 | 1.1383 | 1.1406 |
| Fibonacci | 1.1269 | 1.1291 | 1.1305 | 1.1327 | 1.1349 | 1.1363 | 1.1385 |
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 | 1.0707 | 1.0947 | 1.1138 | 1.1378 | 1.1569 | 1.1809 | 1.2000 |
| Camarilla | 1.1212 | 1.1251 | 1.1291 | 1.1330 | 1.1370 | 1.1409 | 1.1449 |
| Woodie | 1.0684 | 1.0935 | 1.1115 | 1.1366 | 1.1546 | 1.1797 | 1.1977 |
| Fibonacci | 1.0947 | 1.1111 | 1.1213 | 1.1378 | 1.1542 | 1.1644 | 1.1809 |
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): | 47.44 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 1.2630 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 1.1321 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1354 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.1353 | |
| Zig ZAG (10): | 1.1320 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 34.34 | |
| TEMA (21): | 1.1319 | |
| Williams %R (14): | -60.61 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | 0.0351 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0013 | |
| Courbe Coppock: | 0.05 |
| MA7: | 1.1285 | |
| MA20: | 1.1363 | |
| MA50: | 1.1509 | |
| MA100: | 1.1649 | |
| MAexp7: | 1.1321 | |
| MAexp20: | 1.1322 | |
| MAexp50: | 1.1319 | |
| MAexp100: | 1.1305 | |
| Price / MA7: | +0.34% | |
| Price / MA20: | -0.35% | |
| Price / MA50: | -1.62% | |
| Price / MA100: | -2.80% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.17% |
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 December 2, 2021
-
EUR/USD Technical Analysis for December 02, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast December 1, 2021
-
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
-
EUR/USD Technical Analysis for December 01, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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