EUR/USD - 1H - Technical analysis published on 06/15/2022 (GMT)
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- Timeframe : 1H
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- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 1.0378 USD and 1.0503 USD
My targets
-
My analysis
The current short-term bullish thrust is in contrast to the bearish trend. EUR/USD is apparently trying to reverse the trend. The return to a neutral and then bullish trend should not be long in coming if the current rebound continues. What is currently happening on EUR/USD essentials for the price to rebound like this? In such a situation, it would be possible to stay away from EUR/USD or not try to counterbalance this current rebound in the short term. If there is a purchase, the buyers could use the resistance located at 1.0503 USD as an objective. Buyers would then use the next resistance located at 1.0600 USD as an objective. Crossing it would then enable buyers to target 1.0655 USD. Attention should be paid to the price reaction at the start of the resistance as trend traders may consider resuming sales if the basic trend has not been able to ease or if the short term has itself become excessive.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 rating is 1.0460 USD. The price registered an increase of +0.22% on the session and was between 1.0424 USD and 1.0468 USD. This implies that the price is at +0.35% from its lowest and at -0.08% from its highest.1.0424
1.0468
1.0460
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this trend could quickly be called into question. A phase of indecision or a reversal of the trend could occur. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
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, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.0378 | 1.0460 | 1.0503 | 1.0655 | 1.0710 |
| Change (%) | -0.78% | - | +0.41% | +1.86% | +2.39% |
| Change | -0.0082 | - | +0.0043 | +0.0195 | +0.0250 |
| Level | Major | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0306 | 1.0352 | 1.0394 | 1.0440 | 1.0482 | 1.0528 | 1.0570 |
| Camarilla | 1.0413 | 1.0421 | 1.0429 | 1.0437 | 1.0445 | 1.0453 | 1.0461 |
| Woodie | 1.0305 | 1.0351 | 1.0393 | 1.0439 | 1.0481 | 1.0527 | 1.0569 |
| Fibonacci | 1.0352 | 1.0385 | 1.0406 | 1.0440 | 1.0473 | 1.0494 | 1.0528 |
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): | 54.48 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 2.3977 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 1.0430 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0404 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.0470 | |
| Zig ZAG (10): | 1.0442 | |
| VORTEX (21): | 0.9027 | |
| Stochastique (14,3,5): | 73.72 | |
| TEMA (21): | 1.0440 | |
| Williams %R (14): | -15.38 | |
| Chande Momentum Oscillator (20): | 0.0025 | |
| Repulse (5,40,3): | 0.1270 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0040 | |
| Courbe Coppock: | 0.19 |
| MA7: | 1.0551 | |
| MA20: | 1.0644 | |
| MA50: | 1.0649 | |
| MA100: | 1.0901 | |
| MAexp7: | 1.0438 | |
| MAexp20: | 1.0433 | |
| MAexp50: | 1.0453 | |
| MAexp100: | 1.0506 | |
| Price / MA7: | -0.86% | |
| Price / MA20: | -1.73% | |
| Price / MA50: | -1.77% | |
| Price / MA100: | -4.05% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | -0.44% |
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 15, 2022
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EUR/USD Technical Analysis for June 15, 2022 by FXEmpire
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EUR/USD Technical Analysis for June 14, 2022 by FXEmpire
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This member declared not having a position on this financial instrument or a related financial instrument.
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