EUR/USD - 1H - Technical analysis published on 01/21/2022 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 1.1314 USD and 1.1369 USD
My targets
-
My analysis
The short-term increase on EUR/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.1369 USD. The first support is located at 1.1314 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 1.1343 USD. The price has increased by +0.27% since the last closing and was traded between 1.1301 USD and 1.1345 USD over the period. The price is currently at +0.37% from its lowest and -0.02% from its highest.1.1301
1.1345
1.1343
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0899 | 1.1211 | 1.1314 | 1.1343 | 1.1369 | 1.1399 | 1.1452 |
| Change (%) | -3.91% | -1.16% | -0.26% | - | +0.23% | +0.49% | +0.96% |
| Change | -0.0444 | -0.0132 | -0.0029 | - | +0.0026 | +0.0056 | +0.0109 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Minor |
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 | 1.1222 | 1.1262 | 1.1288 | 1.1328 | 1.1354 | 1.1394 | 1.1420 |
| Camarilla | 1.1295 | 1.1301 | 1.1307 | 1.1313 | 1.1319 | 1.1325 | 1.1331 |
| Woodie | 1.1214 | 1.1259 | 1.1280 | 1.1325 | 1.1346 | 1.1391 | 1.1412 |
| Fibonacci | 1.1262 | 1.1288 | 1.1303 | 1.1328 | 1.1354 | 1.1369 | 1.1394 |
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): | 55.68 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 6.0772 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.1325 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1311 | |
| Elder Ray (13): | 0.0008 | |
| Super Trend (3,10): | 1.1348 | |
| Zig ZAG (10): | 1.1340 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 88.25 | |
| TEMA (21): | 1.1328 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.0030 | |
| Repulse (5,40,3): | 0.1226 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0068 | |
| Courbe Coppock: | 0.10 |
| MA7: | 1.1372 | |
| MA20: | 1.1350 | |
| MA50: | 1.1317 | |
| MA100: | 1.1482 | |
| MAexp7: | 1.1331 | |
| MAexp20: | 1.1329 | |
| MAexp50: | 1.1338 | |
| MAexp100: | 1.1353 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | +0.23% | |
| Price / MA100: | -1.21% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | -0.09% |
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 Technical Analysis for January 21, 2022 by FXEmpire
-
EUR/USD and GBP/USD Forecast January 20, 2022
-
EUR/USD Technical Analysis for January 20, 2022 by FXEmpire
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EUR/USD and GBP/USD Forecast January 19, 2022
-
EUR/USD Technical Analysis for January 19, 2022 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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