EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 01/24/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
50%
17%
My opinion
Bearish under 1.1340 USD
My targets
1.1301 USD (-0.0014)
1.1211 USD (-0.0104)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/USD as long as the price remains well below 1.1340 USD. The sellers' bearish objective is set at 1.1301 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1211 USD. In case of crossing, the next objective would be the support located at 1.0899 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.1315 USD. The price registered a decrease of -0.25% on the session with the lowest point at 1.1290 USD and the highest point at 1.1349 USD. The deviation from the price is +0.22% for the low point and -0.30% for the high point.

1.1290
1.1349
1.1315

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


Technical analysis of EUR/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 3 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1211 1.1301 1.1315 1.1315 1.1340 1.1369 1.1399
Change (%) -0.92% -0.12% 0% - +0.22% +0.48% +0.74%
Change -0.0104 -0.0014 0 - +0.0025 +0.0054 +0.0084
Level Major Intermediate Intermediate - Minor Intermediate 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
Standard1.12501.12761.13091.13351.13681.13941.1427
Camarilla1.13271.13321.13381.13431.13481.13541.1359
Woodie1.12551.12781.13141.13371.13731.13961.1432
Fibonacci1.12761.12981.13121.13351.13571.13711.1394


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.11501.12261.12841.13601.14181.14941.1552
Camarilla1.13061.13181.13311.13431.13551.13681.1380
Woodie1.11421.12221.12761.13561.14101.14901.1544
Fibonacci1.12261.12771.13091.13601.14111.14431.1494


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): 27.92
MACD (12,26,9): -0.0010
Directional Movement: -17.6768
AROON (14): -92.8571
DEMA (21): 1.1307
Parabolic SAR (0,02-0,02-0,2): 1.1329
Elder Ray (13): -0.0015
Super Trend (3,10): 1.1334
Zig ZAG (10): 1.1304
VORTEX (21): 0.7817
Stochastique (14,3,5): 18.53
TEMA (21): 1.1301
Williams %R (14): -64.58
Chande Momentum Oscillator (20): -0.0022
Repulse (5,40,3): 0.0732
ROCnROLL: 2
TRIX (15,9): -0.0076
Courbe Coppock: 0.55
MA7: 1.1352
MA20: 1.1348
MA50: 1.1316
MA100: 1.1476
MAexp7: 1.1307
MAexp20: 1.1318
MAexp50: 1.1329
MAexp100: 1.1341
Price / MA7: -0.33%
Price / MA20: -0.29%
Price / MA50: -0.01%
Price / MA100: -1.40%
Price / MAexp7: +0.07%
Price / MAexp20: -0.03%
Price / MAexp50: -0.12%
Price / MAexp100: -0.23%

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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