EUR/USD - 1H - Technical analysis published on 06/27/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 1.1345 USD
My targets
1.1391 USD (+0.16%)
1.1428 USD (+0.48%)
My analysis
A bullish trend on EUR/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.1345 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.1391 USD. Then the price could move towards 1.1428 USD. Then 1.1485 USD by extension. Be careful, a return below 1.1345 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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 1.1373 USD. The price registered an increase of +0.00% on the session with the lowest point at 1.1348 USD and the highest point at 1.1382 USD. The deviation from the price is +0.22% for the low point and -0.08% for the high point.1.1348
1.1382
1.1373
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1247 | 1.1283 | 1.1345 | 1.1373 | 1.1391 | 1.1428 | 1.1485 |
| Change (%) | -1.11% | -0.79% | -0.25% | - | +0.16% | +0.48% | +0.98% |
| Change | -0.0126 | -0.0090 | -0.0028 | - | +0.0018 | +0.0055 | +0.0112 |
| Level | Minor | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1306 | 1.1326 | 1.1350 | 1.1370 | 1.1394 | 1.1414 | 1.1438 |
| Camarilla | 1.1361 | 1.1365 | 1.1369 | 1.1373 | 1.1377 | 1.1381 | 1.1385 |
| Woodie | 1.1307 | 1.1327 | 1.1351 | 1.1371 | 1.1395 | 1.1415 | 1.1439 |
| Fibonacci | 1.1326 | 1.1343 | 1.1354 | 1.1370 | 1.1387 | 1.1398 | 1.1414 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1044 | 1.1112 | 1.1241 | 1.1309 | 1.1438 | 1.1506 | 1.1635 |
| Camarilla | 1.1315 | 1.1333 | 1.1351 | 1.1369 | 1.1387 | 1.1405 | 1.1423 |
| Woodie | 1.1073 | 1.1127 | 1.1271 | 1.1324 | 1.1467 | 1.1521 | 1.1665 |
| Fibonacci | 1.1112 | 1.1188 | 1.1234 | 1.1309 | 1.1385 | 1.1431 | 1.1506 |
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): | 52.76 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.4916 | |
| AROON (14): | 28.5715 | |
| DEMA (21): | 1.1368 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1352 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.1343 | |
| Zig ZAG (10): | 1.1373 | |
| VORTEX (21): | 0.9713 | |
| Stochastique (14,3,5): | 54.90 | |
| TEMA (21): | 1.1369 | |
| Williams %R (14): | -29.41 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | 0.0854 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.02 |
| MA7: | 1.1345 | |
| MA20: | 1.1288 | |
| MA50: | 1.1229 | |
| MA100: | 1.1263 | |
| MAexp7: | 1.1369 | |
| MAexp20: | 1.1368 | |
| MAexp50: | 1.1368 | |
| MAexp100: | 1.1357 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +0.75% | |
| Price / MA50: | +1.28% | |
| Price / MA100: | +0.98% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.14% |
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:
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EUR/USD and GBP/USD Forecast June 27, 2019
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EUR/USD Technical Analysis for June 27, 2019 by FXEmpire
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EUR/USD and GBP/USD Forecast June 26, 2019
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EUR/USD Technical Analysis for June 26, 2019 by FXEmpire
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EUR/USD and GBP/USD Forecast June 25, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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