EUR/USD - 1H - Technical analysis published on 06/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 1.0503 USD
My targets
1.0418 USD (-0.0022)
1.0378 USD (-0.0062)
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 1.0503 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.0418 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 1.0378 USD as an objective. If the resistance 1.0503 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
2.9
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This analysis was given by Maciej Mazur. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.0440 USD. On the day, this instrument gained +0.24% and was traded between 1.0397 USD and 1.0442 USD over the period. The price is currently at +0.41% from its lowest and -0.02% from its highest.1.0397
1.0442
1.0440
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 1H shows an overall bearish trend. 78.57% 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1.0378 | 1.0418 | 1.0440 | 1.0503 | 1.0655 | 1.0710 |
| Change (%) | -0.59% | -0.21% | - | +0.60% | +2.06% | +2.59% |
| Change | -0.0062 | -0.0022 | - | +0.0063 | +0.0215 | +0.0270 |
| Level | Major | Minor | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0250 | 1.0325 | 1.0370 | 1.0445 | 1.0490 | 1.0565 | 1.0610 |
| Camarilla | 1.0382 | 1.0393 | 1.0404 | 1.0415 | 1.0426 | 1.0437 | 1.0448 |
| Woodie | 1.0235 | 1.0318 | 1.0355 | 1.0438 | 1.0475 | 1.0558 | 1.0595 |
| Fibonacci | 1.0325 | 1.0371 | 1.0399 | 1.0445 | 1.0491 | 1.0519 | 1.0565 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0157 | 1.0332 | 1.0425 | 1.0600 | 1.0693 | 1.0868 | 1.0961 |
| Camarilla | 1.0445 | 1.0470 | 1.0494 | 1.0519 | 1.0544 | 1.0568 | 1.0593 |
| Woodie | 1.0117 | 1.0312 | 1.0385 | 1.0580 | 1.0653 | 1.0848 | 1.0921 |
| Fibonacci | 1.0332 | 1.0434 | 1.0497 | 1.0600 | 1.0702 | 1.0765 | 1.0868 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0023 | 1.0187 | 1.0460 | 1.0624 | 1.0897 | 1.1061 | 1.1334 |
| Camarilla | 1.0614 | 1.0654 | 1.0694 | 1.0734 | 1.0774 | 1.0814 | 1.0854 |
| Woodie | 1.0079 | 1.0214 | 1.0516 | 1.0651 | 1.0953 | 1.1088 | 1.1390 |
| Fibonacci | 1.0187 | 1.0354 | 1.0457 | 1.0624 | 1.0791 | 1.0894 | 1.1061 |
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): | 44.39 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -6.6154 | |
| AROON (14): | -57.1429 | |
| DEMA (21): | 1.0405 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0437 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.0470 | |
| Zig ZAG (10): | 1.0431 | |
| VORTEX (21): | 0.9140 | |
| Stochastique (14,3,5): | 50.00 | |
| TEMA (21): | 1.0414 | |
| Williams %R (14): | -45.16 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | 0.1371 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0345 | |
| Courbe Coppock: | 0.44 |
| MA7: | 1.0584 | |
| MA20: | 1.0645 | |
| MA50: | 1.0658 | |
| MA100: | 1.0909 | |
| MAexp7: | 1.0423 | |
| MAexp20: | 1.0434 | |
| MAexp50: | 1.0486 | |
| MAexp100: | 1.0551 | |
| Price / MA7: | -1.36% | |
| Price / MA20: | -1.93% | |
| Price / MA50: | -2.05% | |
| Price / MA100: | -4.30% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | -0.44% | |
| Price / MAexp100: | -1.05% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
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EUR/USD and GBP/USD Forecast June 14, 2022
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EUR/USD Technical Analysis for June 14, 2022 by FXEmpire
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EUR/USD and GBP/USD Forecast June 13, 2022
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EUR/USD Technical Analysis for the Week of June 13, 2022 by FXEmpire
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EUR/USD Technical Analysis for June 13, 2022 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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