EUR/USD - 15 min. - Technical analysis published on 03/31/2023 (GMT)
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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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 1.0885 USD
My targets
1.0946 USD (+0.0040)
1.0989 USD (+0.0083)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.0885 USD. The buyers' bullish objective is set at 1.0946 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0989 USD. If there is any crossing, the next objective would be the resistance located at 1.1050 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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Additional analysis
Quotes
The EUR/USD rating is 1.0906 USD. The price registered an increase of +0.02% on the session with the lowest point at 1.0904 USD and the highest point at 1.0907 USD. The deviation from the price is +0.02% for the low point and -0.01% for the high point.1.0904
1.0907
1.0906
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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 moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0758 | 1.0823 | 1.0864 | 1.0906 | 1.0930 | 1.1011 | 1.1394 |
| Change (%) | -1.36% | -0.76% | -0.39% | - | +0.22% | +0.96% | +4.47% |
| Change | -0.0148 | -0.0083 | -0.0042 | - | +0.0024 | +0.0105 | +0.0488 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Minor |
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 | 1.0738 | 1.0781 | 1.0842 | 1.0885 | 1.0946 | 1.0989 | 1.1050 |
| Camarilla | 1.0875 | 1.0885 | 1.0895 | 1.0904 | 1.0914 | 1.0923 | 1.0933 |
| Woodie | 1.0748 | 1.0786 | 1.0852 | 1.0890 | 1.0956 | 1.0994 | 1.1060 |
| Fibonacci | 1.0781 | 1.0820 | 1.0845 | 1.0885 | 1.0924 | 1.0949 | 1.0989 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0317 | 1.0474 | 1.0616 | 1.0773 | 1.0915 | 1.1072 | 1.1214 |
| Camarilla | 1.0676 | 1.0703 | 1.0731 | 1.0758 | 1.0785 | 1.0813 | 1.0840 |
| Woodie | 1.0310 | 1.0470 | 1.0609 | 1.0769 | 1.0908 | 1.1068 | 1.1207 |
| Fibonacci | 1.0474 | 1.0588 | 1.0659 | 1.0773 | 1.0887 | 1.0958 | 1.1072 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9896 | 1.0214 | 1.0396 | 1.0714 | 1.0896 | 1.1214 | 1.1396 |
| Camarilla | 1.0440 | 1.0485 | 1.0531 | 1.0577 | 1.0623 | 1.0669 | 1.0715 |
| Woodie | 0.9827 | 1.0180 | 1.0327 | 1.0680 | 1.0827 | 1.1180 | 1.1327 |
| Fibonacci | 1.0214 | 1.0405 | 1.0523 | 1.0714 | 1.0905 | 1.1023 | 1.1214 |
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): | 58.02 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 2.8361 | |
| AROON (14): | -7.1429 | |
| DEMA (21): | 1.0906 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0902 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.0896 | |
| Zig ZAG (10): | 1.0905 | |
| VORTEX (21): | 1.0469 | |
| Stochastique (14,3,5): | 44.44 | |
| TEMA (21): | 1.0903 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | 0.0275 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0017 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.0841 | |
| MA20: | 1.0728 | |
| MA50: | 1.0734 | |
| MA100: | 1.0654 | |
| MAexp7: | 1.0904 | |
| MAexp20: | 1.0904 | |
| MAexp50: | 1.0897 | |
| MAexp100: | 1.0883 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | +1.66% | |
| Price / MA50: | +1.60% | |
| Price / MA100: | +2.37% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.21% |
Quotes :
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Real time data
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Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
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How German inflation numbers took EURUSD higher
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EUR/USD Forecast March 31, 2023
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EUR/USD Technical Analysis for March 31, 2023 by FXEmpire
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EUR/USD Forecast March 30, 2023
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EUR/USD Technical Analysis for March 30, 2023 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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