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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 06/15/2022 (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
44%
11%
44%
My opinion
Bearish under 1.0503 USD
My targets
1.0418 USD (-0.0012)
1.0378 USD (-0.0052)
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.

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
2.5

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.

Maciej Mazur
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 1.0430 USD. On the day, this instrument lost -0.07% and was between 1.0426 USD and 1.0441 USD. This implies that the price is at +0.04% from its lowest and at -0.11% from its highest.

1.0426
1.0441
1.0430

Here is a more detailed summary of the historical variations registered by EUR/USD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 this 1H chart of EUR/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 1.0378 1.0418 1.0430 1.0503 1.0655 1.0710
Change (%) -0.50% -0.12% - +0.70% +2.16% +2.68%
Change -0.0052 -0.0012 - +0.0073 +0.0225 +0.0280
Level Major Minor - Minor Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.03061.03521.03941.04401.04821.05281.0570
Camarilla1.04131.04211.04291.04371.04451.04531.0461
Woodie1.03051.03511.03931.04391.04811.05271.0569
Fibonacci1.03521.03851.04061.04401.04731.04941.0528


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.01571.03321.04251.06001.06931.08681.0961
Camarilla1.04451.04701.04941.05191.05441.05681.0593
Woodie1.01171.03121.03851.05801.06531.08481.0921
Fibonacci1.03321.04341.04971.06001.07021.07651.0868


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.00231.01871.04601.06241.08971.10611.1334
Camarilla1.06141.06541.06941.07341.07741.08141.0854
Woodie1.00791.02141.05161.06511.09531.10881.1390
Fibonacci1.01871.03541.04571.06241.07911.08941.1061

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): 49.53
MACD (12,26,9): -0.0006
Directional Movement: 3.8042
AROON (14): -50.0000
DEMA (21): 1.0418
Parabolic SAR (0,02-0,02-0,2): 1.0453
Elder Ray (13): 0.0009
Super Trend (3,10): 1.0470
Zig ZAG (10): 1.0428
VORTEX (21): 1.0249
Stochastique (14,3,5): 45.10
TEMA (21): 1.0426
Williams %R (14): -60.29
Chande Momentum Oscillator (20): -0.0022
Repulse (5,40,3): -0.0085
ROCnROLL: -1
TRIX (15,9): -0.0098
Courbe Coppock: 0.39
MA7: 1.0548
MA20: 1.0643
MA50: 1.0649
MA100: 1.0901
MAexp7: 1.0425
MAexp20: 1.0428
MAexp50: 1.0456
MAexp100: 1.0513
Price / MA7: -1.12%
Price / MA20: -2.00%
Price / MA50: -2.06%
Price / MA100: -4.32%
Price / MAexp7: +0.05%
Price / MAexp20: +0.02%
Price / MAexp50: -0.25%
Price / MAexp100: -0.79%

Quotes : - Real time data - Forex

News


The latest news and videos published on EUR/USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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