EUR/USD - 1H - Technical analysis published on 06/14/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 1.0503 USD
My targets
1.0418 USD (-0.0029)
1.0378 USD (-0.0069)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.0503 USD remains possible. It is advisable to trade EUR/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.0503 USD. The next bearish objective for sellers is set at 1.0418 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0378 USD. PS: if there is a bullish break in the resistance located at 1.0503 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.4
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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 1.0447 USD. On the day, this instrument gained +0.31% with the lowest point at 1.0397 USD and the highest point at 1.0485 USD. The deviation from the price is +0.48% for the low point and -0.36% for the high point.1.0397
1.0485
1.0447
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. 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 scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 1.0378 | 1.0418 | 1.0447 | 1.0503 | 1.0655 | 1.0710 |
Change (%) | -0.66% | -0.28% | - | +0.54% | +1.99% | +2.52% |
Change | -0.0069 | -0.0029 | - | +0.0056 | +0.0208 | +0.0263 |
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): | 50.25 | |
MACD (12,26,9): | -0.0006 | |
Directional Movement: | 0.8626 | |
AROON (14): | 50.0000 | |
DEMA (21): | 1.0429 | |
Parabolic SAR (0,02-0,02-0,2): | 1.0425 | |
Elder Ray (13): | 0.0006 | |
Super Trend (3,10): | 1.0470 | |
Zig ZAG (10): | 1.0447 | |
VORTEX (21): | 1.0466 | |
Stochastique (14,3,5): | 52.27 | |
TEMA (21): | 1.0446 | |
Williams %R (14): | -39.77 | |
Chande Momentum Oscillator (20): | 0.0027 | |
Repulse (5,40,3): | 0.0196 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0160 | |
Courbe Coppock: | 0.55 |
MA7: | 1.0587 | |
MA20: | 1.0646 | |
MA50: | 1.0658 | |
MA100: | 1.0909 | |
MAexp7: | 1.0443 | |
MAexp20: | 1.0441 | |
MAexp50: | 1.0477 | |
MAexp100: | 1.0538 | |
Price / MA7: | -1.32% | |
Price / MA20: | -1.87% | |
Price / MA50: | -1.98% | |
Price / MA100: | -4.24% | |
Price / MAexp7: | +0.04% | |
Price / MAexp20: | +0.06% | |
Price / MAexp50: | -0.29% | |
Price / MAexp100: | -0.86% |
Quotes :
-
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 June 14, 2022
- EUR/USD Technical Analysis for June 14, 2022 by FXEmpire
- EUR/USD and GBP/USD Forecast June 13, 2022
- EUR/USD Technical Analysis for the Week of June 13, 2022 by FXEmpire
- 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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