EUR/USD - 1H - Technical analysis published on 01/17/2022 (GMT)
- 109
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Are you looking for opportunities in indices and forex?
DISCOVER LONDINIA OPPORTUNITIES...
DISCOVER LONDINIA OPPORTUNITIES...
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.1436 USD
My targets
1.1377 USD (-0.0028)
1.1347 USD (-0.0058)
My analysis
EUR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.1436 USD. The next support located at 1.1377 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.1347 USD. Below this support, sellers could then target 1.1285 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6
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 1.1405 USD. The price registered a decrease of -0.06% on the session and was between 1.1404 USD and 1.1412 USD. This implies that the price is at +0.01% from its lowest and at -0.06% from its highest.1.1404
1.1412
1.1405
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 1.1347 | 1.1377 | 1.1398 | 1.1405 | 1.1436 | 1.1452 | 1.1483 |
| Change (%) | -0.51% | -0.25% | -0.06% | - | +0.27% | +0.41% | +0.68% |
| Change | -0.0058 | -0.0028 | -0.0007 | - | +0.0031 | +0.0047 | +0.0078 |
| Level | Minor | Major | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1392 | 1.1399 | 1.1405 | 1.1412 | 1.1418 | 1.1425 | 1.1431 |
| Camarilla | 1.1408 | 1.1410 | 1.1411 | 1.1412 | 1.1413 | 1.1414 | 1.1416 |
| Woodie | 1.1393 | 1.1399 | 1.1406 | 1.1412 | 1.1419 | 1.1425 | 1.1432 |
| Fibonacci | 1.1399 | 1.1404 | 1.1407 | 1.1412 | 1.1417 | 1.1420 | 1.1425 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1108 | 1.1196 | 1.1306 | 1.1394 | 1.1504 | 1.1592 | 1.1702 |
| Camarilla | 1.1361 | 1.1379 | 1.1397 | 1.1415 | 1.1433 | 1.1451 | 1.1470 |
| Woodie | 1.1118 | 1.1202 | 1.1316 | 1.1400 | 1.1514 | 1.1598 | 1.1712 |
| Fibonacci | 1.1196 | 1.1272 | 1.1319 | 1.1394 | 1.1470 | 1.1517 | 1.1592 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1105 | 1.1164 | 1.1270 | 1.1329 | 1.1435 | 1.1494 | 1.1600 |
| Camarilla | 1.1332 | 1.1347 | 1.1362 | 1.1377 | 1.1392 | 1.1407 | 1.1422 |
| Woodie | 1.1130 | 1.1176 | 1.1295 | 1.1341 | 1.1460 | 1.1506 | 1.1625 |
| Fibonacci | 1.1164 | 1.1227 | 1.1266 | 1.1329 | 1.1392 | 1.1431 | 1.1494 |
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): | 30.12 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -19.2870 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 1.1414 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1418 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 1.1441 | |
| Zig ZAG (10): | 1.1406 | |
| VORTEX (21): | 0.7462 | |
| Stochastique (14,3,5): | 21.66 | |
| TEMA (21): | 1.1402 | |
| Williams %R (14): | -88.14 | |
| Chande Momentum Oscillator (20): | -0.0033 | |
| Repulse (5,40,3): | -0.0593 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0131 | |
| Courbe Coppock: | 0.78 |
| MA7: | 1.1404 | |
| MA20: | 1.1352 | |
| MA50: | 1.1327 | |
| MA100: | 1.1498 | |
| MAexp7: | 1.1414 | |
| MAexp20: | 1.1427 | |
| MAexp50: | 1.1432 | |
| MAexp100: | 1.1413 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.47% | |
| Price / MA50: | +0.69% | |
| Price / MA100: | -0.81% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.24% | |
| Price / MAexp100: | -0.07% |
Quotes :
-
Real time data
-
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 January 17, 2022
-
EUR/USD Technical Analysis for the Week of January 17, 2022 by FXEmpire
-
EUR/USD Technical Analysis for January 17, 2022 by FXEmpire
-
EUR/USD Forecast January 14, 2022
-
EUR/USD Technical Analysis for January 14, 2022 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 - 1H