EUR/USD - 15 min. - Technical analysis published on 01/17/2022 (GMT)
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- Timeframe : 15 min.
- - 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:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.1381 USD
My targets
1.1432 USD (+0.0013)
1.1466 USD (+0.0047)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for EUR/USD as long as the price remains well above 1.1381 USD. The buyers' bullish objective is set at 1.1432 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1466 USD. If there is any crossing, the next objective would be the resistance located at 1.1517 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 1.1432 USD. On this resistance, against the trend traders who would like to go short on EUR/USD with a bearish signal from their trading strategy, should not hesitate to act.
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
2.5
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Additional analysis
Quotes
EUR/USD rating 1.1419 USD. The price registered an increase of +0.04% on the session and was traded between 1.1400 USD and 1.1422 USD over the period. The price is currently at +0.17% from its lowest and -0.03% from its highest.1.1400
1.1422
1.1419
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 (1 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.1347 | 1.1377 | 1.1398 | 1.1419 | 1.1436 | 1.1452 | 1.1483 |
Change (%) | -0.63% | -0.37% | -0.18% | - | +0.15% | +0.29% | +0.56% |
Change | -0.0072 | -0.0042 | -0.0021 | - | +0.0017 | +0.0033 | +0.0064 |
Level | Minor | Major | Minor | - | Minor | Minor | 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 | 1.1296 | 1.1347 | 1.1381 | 1.1432 | 1.1466 | 1.1517 | 1.1551 |
Camarilla | 1.1392 | 1.1399 | 1.1407 | 1.1415 | 1.1423 | 1.1431 | 1.1438 |
Woodie | 1.1288 | 1.1343 | 1.1373 | 1.1428 | 1.1458 | 1.1513 | 1.1543 |
Fibonacci | 1.1347 | 1.1380 | 1.1400 | 1.1432 | 1.1465 | 1.1485 | 1.1517 |
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): | 56.66 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 4.2298 | |
AROON (14): | 78.5714 | |
DEMA (21): | 1.1414 | |
Parabolic SAR (0,02-0,02-0,2): | 1.1409 | |
Elder Ray (13): | 0.0002 | |
Super Trend (3,10): | 1.1419 | |
Zig ZAG (10): | 1.1419 | |
VORTEX (21): | 1.1196 | |
Stochastique (14,3,5): | 85.63 | |
TEMA (21): | 1.1418 | |
Williams %R (14): | -14.29 | |
Chande Momentum Oscillator (20): | 0.0012 | |
Repulse (5,40,3): | -0.0131 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.18 |
MA7: | 1.1398 | |
MA20: | 1.1347 | |
MA50: | 1.1331 | |
MA100: | 1.1503 | |
MAexp7: | 1.1417 | |
MAexp20: | 1.1414 | |
MAexp50: | 1.1417 | |
MAexp100: | 1.1427 | |
Price / MA7: | +0.18% | |
Price / MA20: | +0.63% | |
Price / MA50: | +0.78% | |
Price / MA100: | -0.73% | |
Price / MAexp7: | +0.02% | |
Price / MAexp20: | +0.04% | |
Price / MAexp50: | +0.02% | |
Price / MAexp100: | -0.07% |
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 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.
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