EUR/USD - 1H - Technical analysis published on 01/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 1.1211 USD
My targets
1.1105 USD (-0.0041)
1.0899 USD (-0.0247)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.1211 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.1105 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0899 USD as an objective. Crossing it would then enable sellers to target 1.0655 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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Additional analysis
Quotes
EUR/USD rating 1.1146 USD. The price is lower by -0.85% since the last closing and was traded between 1.1132 USD and 1.1244 USD over the period. The price is currently at +0.13% from its lowest and -0.87% from its highest.1.1132
1.1244
1.1146
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
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.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.0655 | 1.0899 | 1.1146 | 1.1211 | 1.1263 | 1.1301 |
| Change (%) | -4.41% | -2.22% | - | +0.58% | +1.05% | +1.39% |
| Change | -0.0491 | -0.0247 | - | +0.0065 | +0.0117 | +0.0155 |
| Level | Major | Minor | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1138 | 1.1186 | 1.1214 | 1.1262 | 1.1290 | 1.1338 | 1.1366 |
| Camarilla | 1.1220 | 1.1227 | 1.1234 | 1.1241 | 1.1248 | 1.1255 | 1.1262 |
| Woodie | 1.1127 | 1.1181 | 1.1203 | 1.1257 | 1.1279 | 1.1333 | 1.1355 |
| Fibonacci | 1.1186 | 1.1215 | 1.1233 | 1.1262 | 1.1291 | 1.1309 | 1.1338 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1150 | 1.1226 | 1.1284 | 1.1360 | 1.1418 | 1.1494 | 1.1552 |
| Camarilla | 1.1306 | 1.1318 | 1.1331 | 1.1343 | 1.1355 | 1.1368 | 1.1380 |
| Woodie | 1.1142 | 1.1222 | 1.1276 | 1.1356 | 1.1410 | 1.1490 | 1.1544 |
| Fibonacci | 1.1226 | 1.1277 | 1.1309 | 1.1360 | 1.1411 | 1.1443 | 1.1494 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 24.83 | |
| MACD (12,26,9): | -0.0027 | |
| Directional Movement: | -28.0357 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 1.1132 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1148 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 1.1183 | |
| Zig ZAG (10): | 1.1146 | |
| VORTEX (21): | 0.7252 | |
| Stochastique (14,3,5): | 18.56 | |
| TEMA (21): | 1.1128 | |
| Williams %R (14): | -81.16 | |
| Chande Momentum Oscillator (20): | -0.0014 | |
| Repulse (5,40,3): | -0.0070 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0382 | |
| Courbe Coppock: | 0.98 |
| MA7: | 1.1288 | |
| MA20: | 1.1334 | |
| MA50: | 1.1310 | |
| MA100: | 1.1458 | |
| MAexp7: | 1.1146 | |
| MAexp20: | 1.1169 | |
| MAexp50: | 1.1215 | |
| MAexp100: | 1.1256 | |
| Price / MA7: | -1.26% | |
| Price / MA20: | -1.66% | |
| Price / MA50: | -1.45% | |
| Price / MA100: | -2.72% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.62% | |
| Price / MAexp100: | -0.98% |
Quotes :
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Real time data
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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 28, 2022
-
EUR/USD Technical Analysis for January 28, 2022 by FXEmpire
-
EUR/USD and GBP/USD Forecast January 27, 2022
-
EUR/USD Technical Analysis for January 27, 2022 by FXEmpire
-
EUR/USD and GBP/USD Forecast January 26, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
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