EUR/USD - 1H - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
44%
39%
17%
My opinion
Bearish under 1.1200 USD
My targets
1.1181 USD (-0.11%)
1.1135 USD (-0.52%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/USD as long as the price remains well below 1.1200 USD. The sellers” bearish objective is set at 1.1181 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1135 USD. In case of crossing, the next objective would be the support located at 1.0574 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1193 USD. On the day, this instrument lost -0.05% and was traded between 1.1187 USD and 1.1202 USD over the period. The price is currently at +0.05% from its lowest and -0.08% from its highest.1.1187
1.1202
1.1193
Here is a more detailed summary of the historical variations registered by EUR/USD:
Technical
Technical analysis of EUR/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 3 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.0574 | 1.1135 | 1.1181 | 1.1193 | 1.1200 | 1.1247 | 1.1290 |
Change (%) | -5.53% | -0.52% | -0.11% | - | +0.06% | +0.48% | +0.87% |
Change | -0.0619 | -0.0058 | -0.0012 | - | +0.0007 | +0.0054 | +0.0097 |
Level | Minor | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1110 | 1.1145 | 1.1172 | 1.1207 | 1.1234 | 1.1269 | 1.1296 |
Camarilla | 1.1181 | 1.1187 | 1.1192 | 1.1198 | 1.1204 | 1.1209 | 1.1215 |
Woodie | 1.1105 | 1.1143 | 1.1167 | 1.1205 | 1.1229 | 1.1267 | 1.1291 |
Fibonacci | 1.1145 | 1.1169 | 1.1184 | 1.1207 | 1.1231 | 1.1246 | 1.1269 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.1018 | 1.1110 | 1.1159 | 1.1251 | 1.1300 | 1.1392 | 1.1441 |
Camarilla | 1.1169 | 1.1182 | 1.1195 | 1.1208 | 1.1221 | 1.1234 | 1.1247 |
Woodie | 1.0997 | 1.1099 | 1.1137 | 1.1240 | 1.1279 | 1.1381 | 1.1420 |
Fibonacci | 1.1110 | 1.1164 | 1.1197 | 1.1251 | 1.1305 | 1.1338 | 1.1392 |
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): | 43.84 | |
MACD (12,26,9): | -0.0006 | |
Directional Movement: | -5.3352 | |
AROON (14): | -85.7142 | |
DEMA (21): | 1.1190 | |
Parabolic SAR (0,02-0,02-0,2): | 1.1209 | |
Elder Ray (13): | -0.0002 | |
Super Trend (3,10): | 1.1215 | |
Zig ZAG (10): | 1.1193 | |
VORTEX (21): | 1.0461 | |
Stochastique (14,3,5): | 27.12 | |
TEMA (21): | 1.1190 | |
Williams %R (14): | -58.82 | |
Chande Momentum Oscillator (20): | -0.0001 | |
Repulse (5,40,3): | 0.0208 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0083 | |
Courbe Coppock: | 0.05 |
MA7: | 1.1246 | |
MA20: | 1.1228 | |
MA50: | 1.1218 | |
MA100: | 1.1265 | |
MAexp7: | 1.1193 | |
MAexp20: | 1.1198 | |
MAexp50: | 1.1210 | |
MAexp100: | 1.1230 | |
Price / MA7: | -0.47% | |
Price / MA20: | -0.31% | |
Price / MA50: | -0.22% | |
Price / MA100: | -0.64% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | -0.04% | |
Price / MAexp50: | -0.15% | |
Price / MAexp100: | -0.33% |
News
Don"t forget to follow the news on EUR/USD. At the time of publication of this analysis, the latest news was as follows:
- EUR/USD and GBP/USD Forecast June 19, 2019
- EUR/USD Technical Analysis for June 19, 2019 by FXEmpire
- EUR/USD and GBP/USD Forecast June 18, 2019
- EUR/USD Technical Analysis for June 18, 2019 by FXEmpire
- EUR/USD and GBP/USD Forecast June 17, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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