EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
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EUR/USD - 1H - Technical analysis published on 01/17/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.1398 USD
My targets
1.1452 USD (+0.0022)
1.1483 USD (+0.0053)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.1398 USD. The buyers' bullish objective is set at 1.1452 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1483 USD. If there is any crossing, the next objective would be the resistance located at 1.1561 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
4.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.1430 USD. On the day, this instrument gained +0.13% and was between 1.1400 USD and 1.1435 USD. This implies that the price is at +0.26% from its lowest and at -0.04% from its highest.

1.1400
1.1435
1.1430

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUR/USD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1347 1.1377 1.1398 1.1430 1.1436 1.1452 1.1483
Change (%) -0.73% -0.46% -0.28% - +0.05% +0.19% +0.46%
Change -0.0083 -0.0053 -0.0032 - +0.0006 +0.0022 +0.0053
Level Minor Major Minor - Minor Minor Major



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
Standard1.12961.13471.13811.14321.14661.15171.1551
Camarilla1.13921.13991.14071.14151.14231.14311.1438
Woodie1.12881.13431.13731.14281.14581.15131.1543
Fibonacci1.13471.13801.14001.14321.14651.14851.1517


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.11081.11961.13061.13941.15041.15921.1702
Camarilla1.13611.13791.13971.14151.14331.14511.1470
Woodie1.11181.12021.13161.14001.15141.15981.1712
Fibonacci1.11961.12721.13191.13941.14701.15171.1592


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.11051.11641.12701.13291.14351.14941.1600
Camarilla1.13321.13471.13621.13771.13921.14071.1422
Woodie1.11301.11761.12951.13411.14601.15061.1625
Fibonacci1.11641.12271.12661.13291.13921.14311.1494

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.71
MACD (12,26,9): -0.0004
Directional Movement: -0.1708
AROON (14): 50.0000
DEMA (21): 1.1416
Parabolic SAR (0,02-0,02-0,2): 1.1410
Elder Ray (13): 0.0008
Super Trend (3,10): 1.1437
Zig ZAG (10): 1.1431
VORTEX (21): 0.9784
Stochastique (14,3,5): 85.00
TEMA (21): 1.1416
Williams %R (14): -22.86
Chande Momentum Oscillator (20): 0.0011
Repulse (5,40,3): 0.0266
ROCnROLL: 1
TRIX (15,9): -0.0113
Courbe Coppock: 0.08
MA7: 1.1400
MA20: 1.1347
MA50: 1.1331
MA100: 1.1503
MAexp7: 1.1423
MAexp20: 1.1424
MAexp50: 1.1428
MAexp100: 1.1414
Price / MA7: +0.26%
Price / MA20: +0.73%
Price / MA50: +0.87%
Price / MA100: -0.63%
Price / MAexp7: +0.06%
Price / MAexp20: +0.05%
Price / MAexp50: +0.02%
Price / MAexp100: +0.14%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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