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 10/03/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.9810 USD
My targets
0.9735 USD (-0.0021)
0.9671 USD (-0.0085)
My analysis
The strong short-term decline in EUR/USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.9810 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.9735 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9671 USD as an objective. Crossing it would then enable sellers to target 0.9552 USD. Be careful, a return to above 0.9810 USD could jeopardize the reversal.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.1

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:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 0.9756 USD. The price is lower by -0.47% since the last closing and was between 0.9754 USD and 0.9835 USD. This implies that the price is at +0.02% from its lowest and at -0.80% from its highest.

0.9754
0.9835
0.9756

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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


A technical analysis in 1H of this EUR/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. 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 Moving Average 50

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



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9552 0.9671 0.9735 0.9756 0.9810 0.9853 0.9909
Change (%) -2.09% -0.87% -0.22% - +0.55% +0.99% +1.57%
Change -0.0204 -0.0085 -0.0021 - +0.0054 +0.0097 +0.0153
Level Intermediate Minor Intermediate - Intermediate Intermediate 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
Standard0.96210.96780.97400.97970.98590.99160.9978
Camarilla0.97690.97800.97910.98020.98130.98240.9835
Woodie0.96240.96790.97430.97980.98620.99170.9981
Fibonacci0.96780.97240.97520.97970.98430.98710.9916


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.92890.94130.96070.97310.99251.00491.0243
Camarilla0.97150.97440.97730.98020.98310.98600.9890
Woodie0.93250.94310.96430.97490.99611.00671.0279
Fibonacci0.94130.95340.96090.97310.98520.99271.0049


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.88310.91830.94930.98451.01551.05071.0817
Camarilla0.96200.96810.97410.98020.98630.99230.9984
Woodie0.88090.91730.94710.98351.01331.04971.0795
Fibonacci0.91830.94360.95920.98451.00981.02541.0507

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.24
MACD (12,26,9): 0.0004
Directional Movement: -1.6812
AROON (14): -28.5714
DEMA (21): 0.9806
Parabolic SAR (0,02-0,02-0,2): 0.9835
Elder Ray (13): -0.0009
Super Trend (3,10): 0.9846
Zig ZAG (10): 0.9770
VORTEX (21): 1.0638
Stochastique (14,3,5): 40.21
TEMA (21): 0.9798
Williams %R (14): -96.97
Chande Momentum Oscillator (20): -0.0026
Repulse (5,40,3): -0.5502
ROCnROLL: -1
TRIX (15,9): 0.0093
Courbe Coppock: 0.12
MA7: 0.9715
MA20: 0.9886
MA50: 1.0023
MA100: 1.0239
MAexp7: 0.9798
MAexp20: 0.9799
MAexp50: 0.9777
MAexp100: 0.9753
Price / MA7: +0.42%
Price / MA20: -1.31%
Price / MA50: -2.66%
Price / MA100: -4.72%
Price / MAexp7: -0.43%
Price / MAexp20: -0.44%
Price / MAexp50: -0.21%
Price / MAexp100: +0.03%

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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