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 08/19/2019 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bearish
De fond: Strongly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 1.1091 USD
My targets
1.1072 USD (-0.16%)
1.0577 USD (-4.63%)
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 1.1091 USD. The next bearish objective for sellers is set at 1.1072 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0577 USD. If there is any crossing, the next objective would be the support located at 1.0391 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:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD price is 1.1090 USD. The price registered an increase of +0.00% on the session with the lowest point at 1.1088 USD and the highest point at 1.1114 USD. The deviation from the price is +0.02% for the low point and -0.22% for the high point.

1.1088
1.1114
1.1090

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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


Technical analysis of EUR/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 82.14% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. 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: 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


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:

Central Patterns

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


S3S2S1PriceR1R2R3
ProTrendLines 1.0391 1.0577 1.1072 1.1090 1.1091 1.1132 1.1182
Change (%) -6.30% -4.63% -0.16% - +0.01% +0.38% +0.83%
Change -0.0699 -0.0513 -0.0018 - +0.0001 +0.0042 +0.0092
Level Major Minor Major - Minor Major Intermediate



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
Standard1.10221.10441.10671.10891.11121.11341.1157
Camarilla1.10781.10821.10861.10901.10941.10981.1102
Woodie1.10231.10441.10681.10891.11131.11341.1158
Fibonacci1.10441.10611.10721.10891.11061.11171.1134


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08621.09641.10271.11291.11921.12941.1357
Camarilla1.10451.10601.10751.10901.11051.11201.1135
Woodie1.08431.09541.10081.11191.11731.12841.1338
Fibonacci1.09641.10271.10661.11291.11921.12311.1294


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06531.08571.09641.11681.12751.14791.1586
Camarilla1.09871.10151.10441.10721.11011.11291.1158
Woodie1.06061.08331.09171.11441.12281.14551.1539
Fibonacci1.08571.09761.10491.11681.12871.13601.1479

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): 45.01
MACD (12,26,9): -0.0001
Directional Movement: 9.9103
AROON (14): 35.7143
DEMA (21): 1.1095
Parabolic SAR (0,02-0,02-0,2): 1.1092
Elder Ray (13): -0.0002
Super Trend (3,10): 1.1080
Zig ZAG (10): 1.1093
VORTEX (21): 1.0241
Stochastique (14,3,5): 21.79
TEMA (21): 1.1098
Williams %R (14): -84.62
Chande Momentum Oscillator (20): 0.0001
Repulse (5,40,3): -0.0752
ROCnROLL: 2
TRIX (15,9): 0.0002
Courbe Coppock: 0.07
MA7: 1.1147
MA20: 1.1150
MA50: 1.1225
MA100: 1.1221
MAexp7: 1.1095
MAexp20: 1.1096
MAexp50: 1.1103
MAexp100: 1.1122
Price / MA7: -0.51%
Price / MA20: -0.54%
Price / MA50: -1.20%
Price / MA100: -1.17%
Price / MAexp7: -0.05%
Price / MAexp20: -0.05%
Price / MAexp50: -0.12%
Price / MAexp100: -0.29%

This member declared not having a position on this financial instrument or a related financial instrument.

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