EUR/USD - 1H - Technical analysis published on 09/22/2022 (GMT)
- 111
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.9836 USD
My targets
0.9800 USD (-0.0016)
0.9655 USD (-0.0161)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 0.9836 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.9800 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9655 USD as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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:
Additional analysis
Quotes
The EUR/USD rating is 0.9816 USD. The price is lower by -0.16% since the last closing and was between 0.9808 USD and 0.9908 USD. This implies that the price is at +0.08% from its lowest and at -0.93% from its highest.0.9808
0.9908
0.9816
A study of price movements over other periods shows the following variations:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
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
Technical analysis of EUR/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.9814 | 0.9816 | 0.9897 | 0.9956 | 1.0029 |
| Change (%) | -0.02% | - | +0.83% | +1.43% | +2.17% |
| Change | -0.0002 | - | +0.0081 | +0.0140 | +0.0213 |
| Level | Intermediate | - | Major | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9611 | 0.9713 | 0.9772 | 0.9874 | 0.9933 | 1.0035 | 1.0094 |
| Camarilla | 0.9788 | 0.9803 | 0.9817 | 0.9832 | 0.9847 | 0.9862 | 0.9876 |
| Woodie | 0.9591 | 0.9702 | 0.9752 | 0.9863 | 0.9913 | 1.0024 | 1.0074 |
| Fibonacci | 0.9713 | 0.9774 | 0.9812 | 0.9874 | 0.9935 | 0.9973 | 1.0035 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9655 | 0.9800 | 0.9908 | 1.0053 | 1.0161 | 1.0306 | 1.0414 |
| Camarilla | 0.9946 | 0.9970 | 0.9993 | 1.0016 | 1.0039 | 1.0062 | 1.0086 |
| Woodie | 0.9637 | 0.9791 | 0.9890 | 1.0044 | 1.0143 | 1.0297 | 1.0396 |
| Fibonacci | 0.9800 | 0.9897 | 0.9956 | 1.0053 | 1.0150 | 1.0209 | 1.0306 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9367 | 0.9633 | 0.9836 | 1.0102 | 1.0305 | 1.0571 | 1.0774 |
| Camarilla | 0.9909 | 0.9952 | 0.9995 | 1.0038 | 1.0081 | 1.0124 | 1.0167 |
| Woodie | 0.9335 | 0.9617 | 0.9804 | 1.0086 | 1.0273 | 1.0555 | 1.0742 |
| Fibonacci | 0.9633 | 0.9813 | 0.9923 | 1.0102 | 1.0282 | 1.0392 | 1.0571 |
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): | 38.95 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -8.2243 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 0.9827 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9906 | |
| Elder Ray (13): | -0.0029 | |
| Super Trend (3,10): | 0.9888 | |
| Zig ZAG (10): | 0.9815 | |
| VORTEX (21): | 0.9964 | |
| Stochastique (14,3,5): | 14.74 | |
| TEMA (21): | 0.9836 | |
| Williams %R (14): | -90.82 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | -0.4314 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0262 | |
| Courbe Coppock: | 0.28 |
| MA7: | 0.9949 | |
| MA20: | 0.9979 | |
| MA50: | 1.0088 | |
| MA100: | 1.0292 | |
| MAexp7: | 0.9840 | |
| MAexp20: | 0.9850 | |
| MAexp50: | 0.9888 | |
| MAexp100: | 0.9929 | |
| Price / MA7: | -1.34% | |
| Price / MA20: | -1.63% | |
| Price / MA50: | -2.70% | |
| Price / MA100: | -4.62% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -0.73% | |
| Price / MAexp100: | -1.14% |
Quotes :
-
Real time data
-
Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
-
EUR/USD Technical Analysis for September 23, 2022 by FXEmpire
-
EUR/USD Technical Analysis for September 22, 2022 by FXEmpire
-
EUR/USD Forecast September 21, 2022
-
EUR/USD Technical Analysis for September 21, 2022 by FXEmpire
-
EUR/USD Forecast September 20, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/USD - 1H