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 05/17/2024 (GMT)

  • 102
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
67%
11%
My opinion
Neutral between 1.0826 USD and 1.0862 USD
My targets
-
My analysis
The short-term decline on EUR/USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.0826 USD. The first resistance is located at 1.0862 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

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

Additional analysis

Quotes

EUR/USD rating 1.0845 USD. The price is lower by -0.21% since the last closing and was between 1.0835 USD and 1.0869 USD. This implies that the price is at +0.09% from its lowest and at -0.22% from its highest.

1.0835
1.0869
1.0845

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 1H chart of EUR/USD indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide 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


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 over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0724 1.0767 1.0826 1.0845 1.0862 1.0876 1.0895
Change (%) -1.12% -0.72% -0.18% - +0.16% +0.29% +0.46%
Change -0.0121 -0.0078 -0.0019 - +0.0017 +0.0031 +0.0050
Level Minor Major Minor - Intermediate Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08091.08311.08501.08721.08911.09131.0932
Camarilla1.08571.08611.08641.08681.08721.08761.0879
Woodie1.08071.08301.08481.08711.08891.09121.0930
Fibonacci1.08311.08471.08571.08721.08881.08981.0913


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06661.06951.07331.07621.08001.08291.0867
Camarilla1.07531.07591.07651.07711.07771.07831.0789
Woodie1.06711.06971.07381.07641.08051.08311.0872
Fibonacci1.06951.07211.07361.07621.07881.08031.0829


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02661.04331.05501.07171.08341.10011.1118
Camarilla1.05881.06141.06401.06661.06921.07181.0744
Woodie1.02401.04211.05241.07051.08081.09891.1092
Fibonacci1.04331.05421.06091.07171.08261.08931.1001

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): 35.11
MACD (12,26,9): -0.0006
Directional Movement: -14.2726
AROON (14): -92.8571
DEMA (21): 1.0849
Parabolic SAR (0,02-0,02-0,2): 1.0860
Elder Ray (13): -0.0009
Super Trend (3,10): 1.0866
Zig ZAG (10): 1.0842
VORTEX (21): 0.8235
Stochastique (14,3,5): 16.67
TEMA (21): 1.0841
Williams %R (14): -82.35
Chande Momentum Oscillator (20): -0.0022
Repulse (5,40,3): -0.0552
ROCnROLL: 2
TRIX (15,9): -0.0056
Courbe Coppock: 0.38
MA7: 1.0822
MA20: 1.0754
MA50: 1.0783
MA100: 1.0820
MAexp7: 1.0846
MAexp20: 1.0855
MAexp50: 1.0855
MAexp100: 1.0839
Price / MA7: +0.21%
Price / MA20: +0.85%
Price / MA50: +0.57%
Price / MA100: +0.23%
Price / MAexp7: -0.01%
Price / MAexp20: -0.09%
Price / MAexp50: -0.09%
Price / MAexp100: +0.06%

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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