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
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.9800 USD
My targets
0.9655 USD (-0.0055)
My analysis
EUR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.9800 USD. The next support located at 0.9655 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

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.

This analysis was given by Simon1. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 0.9710 USD. The price is lower by -1.31% since the last closing with the lowest point at 0.9702 USD and the highest point at 0.9852 USD. The deviation from the price is +0.08% for the low point and -1.44% for the high point.

0.9702
0.9852
0.9710

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.

An assessment of technical indicators shows a bearish signal.
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


CCI 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



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:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.9710 0.9830 0.9955 1.0029
Change (%) - +1.24% +2.52% +3.29%
Change - +0.0120 +0.0245 +0.0319
Level - Intermediate Major Major



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
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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 27.71
MACD (12,26,9): -0.0033
Directional Movement: -27.9855
AROON (14): -100.0000
DEMA (21): 0.9739
Parabolic SAR (0,02-0,02-0,2): 0.9794
Elder Ray (13): -0.0050
Super Trend (3,10): 0.9790
Zig ZAG (10): 0.9718
VORTEX (21): 0.7149
Stochastique (14,3,5): 5.17
TEMA (21): 0.9724
Williams %R (14): -88.24
Chande Momentum Oscillator (20): -0.0106
Repulse (5,40,3): -0.3736
ROCnROLL: 2
TRIX (15,9): -0.0348
Courbe Coppock: 1.95
MA7: 0.9913
MA20: 0.9968
MA50: 1.0081
MA100: 1.0284
MAexp7: 0.9739
MAexp20: 0.9779
MAexp50: 0.9827
MAexp100: 0.9879
Price / MA7: -2.05%
Price / MA20: -2.59%
Price / MA50: -3.68%
Price / MA100: -5.58%
Price / MAexp7: -0.30%
Price / MAexp20: -0.71%
Price / MAexp50: -1.19%
Price / MAexp100: -1.71%

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:

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

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