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 09/23/2022 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.9800 USD
My targets
0.9655 USD (-0.0057)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 0.9800 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.9655 USD. The bearish momentum would be revived by a break in this support. 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 0.9712 USD. On the day, this instrument lost -1.29% with the lowest point at 0.9712 USD and the highest point at 0.9852 USD. The deviation from the price is 0% for the low point and -1.42% for the high point.

0.9712
0.9852
0.9712

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.9712 0.9830 0.9955 1.0029
Change (%) - +1.21% +2.50% +3.26%
Change - +0.0118 +0.0243 +0.0317
Level - Intermediate Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.96950.97520.97950.98520.98950.99520.9995
Camarilla0.98120.98210.98300.98390.98480.98570.9867
Woodie0.96890.97490.97890.98490.98890.99490.9989
Fibonacci0.97520.97900.98140.98520.98900.99140.9952


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.96550.98000.99081.00531.01611.03061.0414
Camarilla0.99460.99700.99931.00161.00391.00621.0086
Woodie0.96370.97910.98901.00441.01431.02971.0396
Fibonacci0.98000.98970.99561.00531.01501.02091.0306


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.93670.96330.98361.01021.03051.05711.0774
Camarilla0.99090.99520.99951.00381.00811.01241.0167
Woodie0.93350.96170.98041.00861.02731.05551.0742
Fibonacci0.96330.98130.99231.01021.02821.03921.0571

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): 25.86
MACD (12,26,9): -0.0030
Directional Movement: -24.4347
AROON (14): -92.8571
DEMA (21): 0.9751
Parabolic SAR (0,02-0,02-0,2): 0.9808
Elder Ray (13): -0.0036
Super Trend (3,10): 0.9809
Zig ZAG (10): 0.9726
VORTEX (21): 0.7346
Stochastique (14,3,5): 6.30
TEMA (21): 0.9738
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.0105
Repulse (5,40,3): -0.5940
ROCnROLL: 2
TRIX (15,9): -0.0315
Courbe Coppock: 1.75
MA7: 0.9914
MA20: 0.9968
MA50: 1.0081
MA100: 1.0284
MAexp7: 0.9750
MAexp20: 0.9787
MAexp50: 0.9832
MAexp100: 0.9882
Price / MA7: -2.04%
Price / MA20: -2.57%
Price / MA50: -3.66%
Price / MA100: -5.56%
Price / MAexp7: -0.39%
Price / MAexp20: -0.77%
Price / MAexp50: -1.22%
Price / MAexp100: -1.72%

Quotes : - Real time data - Forex

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

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