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 06/25/2024 (GMT)

  • 126
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
17%
28%
56%
My opinion
Neutral between 1.0707 USD and 1.0739 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.0739 USD. The first support is located at 1.0707 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give 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 Muhahaha. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.0726 USD. The price is lower by -0.06% since the last closing and was between 1.0721 USD and 1.0744 USD. This implies that the price is at +0.05% from its lowest and at -0.17% from its highest.

1.0721
1.0744
1.0726

Here is a more detailed summary of the historical variations registered by EUR/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

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. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 3 are bullish, 10 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

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


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

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 1.0671 1.0686 1.0707 1.0726 1.0739 1.0762 1.0809
Change (%) -0.51% -0.37% -0.18% - +0.12% +0.34% +0.77%
Change -0.0055 -0.0040 -0.0019 - +0.0013 +0.0036 +0.0083
Level Intermediate Minor Major - Intermediate Intermediate Major



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
Standard1.06291.06551.06941.07201.07591.07851.0824
Camarilla1.07141.07201.07261.07321.07381.07441.0750
Woodie1.06351.06581.07001.07231.07651.07881.0830
Fibonacci1.06551.06801.06961.07201.07451.07611.0785


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.05641.06171.06551.07081.07461.07991.0837
Camarilla1.06671.06751.06841.06921.07001.07091.0717
Woodie1.05561.06131.06471.07041.07381.07951.0829
Fibonacci1.06171.06521.06741.07081.07431.07651.0799


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.04541.05521.07001.07981.09461.10441.1192
Camarilla1.07811.08041.08271.08491.08721.08941.0917
Woodie1.04801.05651.07261.08111.09721.10571.1218
Fibonacci1.05521.06461.07041.07981.08921.09501.1044

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): 52.49
MACD (12,26,9): 0.0006
Directional Movement: -4.8440
AROON (14): -14.2857
DEMA (21): 1.0739
Parabolic SAR (0,02-0,02-0,2): 1.0744
Elder Ray (13): -0.0006
Super Trend (3,10): 1.0723
Zig ZAG (10): 1.0726
VORTEX (21): 1.0128
Stochastique (14,3,5): 52.70
TEMA (21): 1.0739
Williams %R (14): -78.26
Chande Momentum Oscillator (20): -0.0011
Repulse (5,40,3): -0.1158
ROCnROLL: -1
TRIX (15,9): 0.0105
Courbe Coppock: 0.07
MA7: 1.0726
MA20: 1.0784
MA50: 1.0773
MA100: 1.0796
MAexp7: 1.0733
MAexp20: 1.0731
MAexp50: 1.0722
MAexp100: 1.0721
Price / MA7: -0%
Price / MA20: -0.54%
Price / MA50: -0.44%
Price / MA100: -0.65%
Price / MAexp7: -0.07%
Price / MAexp20: -0.05%
Price / MAexp50: +0.04%
Price / MAexp100: +0.05%

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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