EUR/USD - 1H - Technical analysis published on 08/18/2019 (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:
Bearish
De fond:
Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 1.1132 USD
My targets
1.1091 USD (-0.02%)
1.1072 USD (-0.19%)
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 1.1132 USD. The next bearish objective for sellers is set at 1.1091 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1072 USD. If there is any crossing, the next objective would be the support located at 1.0577 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1093 USD. The price has increased by +0.03% since the last closing with the lowest point at 1.1088 USD and the highest point at 1.1102 USD. The deviation from the price is +0.05% for the low point and -0.08% for the high point.1.1088
1.1102
1.1093
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this EUR/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 1.0577 | 1.1072 | 1.1091 | 1.1093 | 1.1132 | 1.1182 | 1.1200 |
| Change (%) | -4.65% | -0.19% | -0.02% | - | +0.35% | +0.80% | +0.96% |
| Change | -0.0516 | -0.0021 | -0.0002 | - | +0.0039 | +0.0089 | +0.0107 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1022 | 1.1044 | 1.1067 | 1.1089 | 1.1112 | 1.1134 | 1.1157 |
| Camarilla | 1.1078 | 1.1082 | 1.1086 | 1.1090 | 1.1094 | 1.1098 | 1.1102 |
| Woodie | 1.1023 | 1.1044 | 1.1068 | 1.1089 | 1.1113 | 1.1134 | 1.1158 |
| Fibonacci | 1.1044 | 1.1061 | 1.1072 | 1.1089 | 1.1106 | 1.1117 | 1.1134 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0862 | 1.0964 | 1.1027 | 1.1129 | 1.1192 | 1.1294 | 1.1357 |
| Camarilla | 1.1045 | 1.1060 | 1.1075 | 1.1090 | 1.1105 | 1.1120 | 1.1135 |
| Woodie | 1.0843 | 1.0954 | 1.1008 | 1.1119 | 1.1173 | 1.1284 | 1.1338 |
| Fibonacci | 1.0964 | 1.1027 | 1.1066 | 1.1129 | 1.1192 | 1.1231 | 1.1294 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0653 | 1.0857 | 1.0964 | 1.1168 | 1.1275 | 1.1479 | 1.1586 |
| Camarilla | 1.0987 | 1.1015 | 1.1044 | 1.1072 | 1.1101 | 1.1129 | 1.1158 |
| Woodie | 1.0606 | 1.0833 | 1.0917 | 1.1144 | 1.1228 | 1.1455 | 1.1539 |
| Fibonacci | 1.0857 | 1.0976 | 1.1049 | 1.1168 | 1.1287 | 1.1360 | 1.1479 |
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): | 46.16 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 3.2219 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.1087 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1073 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.1065 | |
| Zig ZAG (10): | 1.1093 | |
| VORTEX (21): | 0.9779 | |
| Stochastique (14,3,5): | 67.48 | |
| TEMA (21): | 1.1092 | |
| Williams %R (14): | -34.15 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | -0.0321 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0087 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.1147 | |
| MA20: | 1.1150 | |
| MA50: | 1.1225 | |
| MA100: | 1.1221 | |
| MAexp7: | 1.1093 | |
| MAexp20: | 1.1095 | |
| MAexp50: | 1.1111 | |
| MAexp100: | 1.1133 | |
| Price / MA7: | -0.48% | |
| Price / MA20: | -0.51% | |
| Price / MA50: | -1.18% | |
| Price / MA100: | -1.14% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | -0.36% |
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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This member declared not having a position on this financial instrument or a related financial instrument.
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