EUR/USD - Daily - Technical analysis published on 08/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 1.1200 USD
My targets
1.1132 USD (-0.11%)
1.1072 USD (-0.65%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.1200 USD remains possible. It is advisable to trade EUR/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.1200 USD. The next bearish objective for sellers is set at 1.1132 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1072 USD. In case of crossing, the next objective would be the support located at 1.0577 USD. PS: if there is a bullish break in the resistance located at 1.1200 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
The EUR/USD rating is 1.1144 USD. On the day, this instrument gained +0.01% with the lowest point at 1.1140 USD and the highest point at 1.1164 USD. The deviation from the price is +0.04% for the low point and -0.18% for the high point.1.1140
1.1164
1.1144
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this EUR/USD chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.0577 | 1.1072 | 1.1132 | 1.1144 | 1.1200 | 1.1313 | 1.1428 |
Change (%) | -5.09% | -0.65% | -0.11% | - | +0.50% | +1.52% | +2.55% |
Change | -0.0567 | -0.0072 | -0.0012 | - | +0.0056 | +0.0169 | +0.0284 |
Level | Minor | Major | Major | - | Major | Minor | Minor |
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 | 1.0978 | 1.1015 | 1.1079 | 1.1116 | 1.1180 | 1.1217 | 1.1281 |
Camarilla | 1.1115 | 1.1125 | 1.1134 | 1.1143 | 1.1152 | 1.1162 | 1.1171 |
Woodie | 1.0992 | 1.1022 | 1.1093 | 1.1123 | 1.1194 | 1.1224 | 1.1295 |
Fibonacci | 1.1015 | 1.1054 | 1.1077 | 1.1116 | 1.1155 | 1.1178 | 1.1217 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0978 | 1.1015 | 1.1079 | 1.1116 | 1.1180 | 1.1217 | 1.1281 |
Camarilla | 1.1115 | 1.1125 | 1.1134 | 1.1143 | 1.1152 | 1.1162 | 1.1171 |
Woodie | 1.0992 | 1.1022 | 1.1093 | 1.1123 | 1.1194 | 1.1224 | 1.1295 |
Fibonacci | 1.1015 | 1.1054 | 1.1077 | 1.1116 | 1.1155 | 1.1178 | 1.1217 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 48.64 | |
MACD (12,26,9): | -0.0024 | |
Directional Movement: | -3.6766 | |
AROON (14): | -92.8571 | |
DEMA (21): | 1.1109 | |
Parabolic SAR (0,02-0,02-0,2): | 1.1205 | |
Elder Ray (13): | 0.0022 | |
Super Trend (3,10): | 1.1019 | |
Zig ZAG (10): | 1.1147 | |
VORTEX (21): | 1.0224 | |
Stochastique (14,3,5): | 35.38 | |
TEMA (21): | 1.1106 | |
Williams %R (14): | -50.53 | |
Chande Momentum Oscillator (20): | -0.0040 | |
Repulse (5,40,3): | 0.2782 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0336 | |
Courbe Coppock: | 0.91 |
MA7: | 1.1104 | |
MA20: | 1.1142 | |
MA50: | 1.1210 | |
MA100: | 1.1215 | |
MAexp7: | 1.1122 | |
MAexp20: | 1.1142 | |
MAexp50: | 1.1182 | |
MAexp100: | 1.1220 | |
Price / MA7: | +0.36% | |
Price / MA20: | +0.02% | |
Price / MA50: | -0.59% | |
Price / MA100: | -0.63% | |
Price / MAexp7: | +0.20% | |
Price / MAexp20: | +0.02% | |
Price / MAexp50: | -0.34% | |
Price / MAexp100: | -0.68% |
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
- EUR/USD and GBP/USD Forecast August 26, 2019
- EUR/USD Technical Analysis for August 26, 2019 by FXEmpire
- EUR/USD Technical Analysis for the week of August 26, 2019 by FXEmpire
- EUR/USD and GBP/USD Forecast August 23, 2019
- EUR/USD Technical Analysis for August 23, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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