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

EUR/USD - 1H - Technical analysis published on 01/28/2022 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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: Neutral
Underlying: Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 1.1211 USD
My targets
1.1132 USD (-0.0028)
1.1105 USD (-0.0055)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/USD. As long as you are under the resistance located at 1.1211 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.1132 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.1105 USD as an objective. Crossing it would then enable sellers to target 1.0899 USD. If the resistance 1.1211 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.7

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 price is 1.1160 USD. On the day, this instrument gained +0.14% with the lowest point at 1.1121 USD and the highest point at 1.1164 USD. The deviation from the price is +0.35% for the low point and -0.04% for the high point.

1.1121
1.1164
1.1160

Here is a more detailed summary of the historical variations registered by EUR/USD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


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


A technical analysis in 1H of this EUR/USD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0655 1.0899 1.1132 1.1160 1.1211 1.1263 1.1301
Change (%) -4.53% -2.34% -0.25% - +0.46% +0.92% +1.26%
Change -0.0505 -0.0261 -0.0028 - +0.0051 +0.0103 +0.0141
Level Major Minor Intermediate - Major 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
Standard1.09911.10621.11031.11741.12151.12861.1327
Camarilla1.11141.11251.11351.11451.11551.11661.1176
Woodie1.09771.10551.10891.11671.12011.12791.1313
Fibonacci1.10621.11051.11311.11741.12171.12431.1286


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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.04
MACD (12,26,9): -0.0013
Directional Movement: -2.3856
AROON (14): 35.7143
DEMA (21): 1.1128
Parabolic SAR (0,02-0,02-0,2): 1.1121
Elder Ray (13): 0.0004
Super Trend (3,10): 1.1163
Zig ZAG (10): 1.1150
VORTEX (21): 0.9414
Stochastique (14,3,5): 40.40
TEMA (21): 1.1135
Williams %R (14): -27.91
Chande Momentum Oscillator (20): 0.0005
Repulse (5,40,3): 0.1520
ROCnROLL: -1
TRIX (15,9): -0.0215
Courbe Coppock: 0.12
MA7: 1.1261
MA20: 1.1323
MA50: 1.1308
MA100: 1.1452
MAexp7: 1.1140
MAexp20: 1.1148
MAexp50: 1.1184
MAexp100: 1.1229
Price / MA7: -0.90%
Price / MA20: -1.44%
Price / MA50: -1.31%
Price / MA100: -2.55%
Price / MAexp7: +0.18%
Price / MAexp20: +0.11%
Price / MAexp50: -0.21%
Price / MAexp100: -0.61%

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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