EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 15 min. - Technical analysis published on 01/16/2023 (GMT)

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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 1.0871 USD
My targets
1.0783 USD (-0.0044)
1.0738 USD (-0.0089)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.0871 USD remains possible. It is advisable to trade EUR/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.0871 USD. The next bearish objective for sellers is set at 1.0783 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0738 USD. In case of crossing, the next objective would be the support located at 1.0695 USD. PS: if there is a bullish break in the resistance located at 1.0871 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
2.1

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This analysis was given by Ahmadjdid. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/USD price is 1.0827 USD. The price registered a decrease of -0.02% on the session with the lowest point at 1.0801 USD and the highest point at 1.0874 USD. The deviation from the price is +0.24% for the low point and -0.43% for the high point.

1.0801
1.0874
1.0827

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of EUR/USD in 15 min. shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes



In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0582 1.0655 1.0774 1.0827 1.0839 1.0895 1.1561
Change (%) -2.26% -1.59% -0.49% - +0.11% +0.63% +6.78%
Change -0.0245 -0.0172 -0.0053 - +0.0012 +0.0068 +0.0734
Level Minor Major Major - Intermediate Major Intermediate



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
Standard1.06951.07381.07831.08261.08711.09141.0959
Camarilla1.08051.08131.08211.08291.08371.08451.0853
Woodie1.06971.07391.07851.08271.08731.09151.0961
Fibonacci1.07381.07711.07921.08261.08591.08801.0914


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04491.05401.06851.07761.09211.10121.1157
Camarilla1.07641.07861.08071.08291.08511.08721.0894
Woodie1.04751.05541.07111.07901.09471.10261.1183
Fibonacci1.05401.06311.06861.07761.08671.09221.1012


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.01401.02671.04831.06101.08261.09531.1169
Camarilla1.06061.06371.06691.07001.07311.07631.0794
Woodie1.01861.02891.05291.06321.08721.09751.1215
Fibonacci1.02671.03981.04791.06101.07411.08221.0953

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): 47.72
MACD (12,26,9): -0.0003
Directional Movement: -1.0685
AROON (14): -35.7143
DEMA (21): 1.0817
Parabolic SAR (0,02-0,02-0,2): 1.0809
Elder Ray (13): -0.0001
Super Trend (3,10): 1.0834
Zig ZAG (10): 1.0820
VORTEX (21): 0.9571
Stochastique (14,3,5): 59.38
TEMA (21): 1.0818
Williams %R (14): -36.36
Chande Momentum Oscillator (20): -0.0003
Repulse (5,40,3): -0.0064
ROCnROLL: -1
TRIX (15,9): -0.0052
Courbe Coppock: 0.14
MA7: 1.0771
MA20: 1.0673
MA50: 1.0521
MA100: 1.0200
MAexp7: 1.0819
MAexp20: 1.0821
MAexp50: 1.0827
MAexp100: 1.0829
Price / MA7: +0.52%
Price / MA20: +1.44%
Price / MA50: +2.91%
Price / MA100: +6.15%
Price / MAexp7: +0.07%
Price / MAexp20: +0.06%
Price / MAexp50: -0%
Price / MAexp100: -0.02%

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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