EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 1H - Technical analysis published on 08/27/2019 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.1107 USD
My targets
1.1132 USD (+0.16%)
1.1164 USD (+0.45%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/USD. As long as you are above the support located at 1.1107 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.1132 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.1164 USD as an objective. Crossing it would then enable buyers to target 1.1200 USD. If the support 1.1107 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.1114 USD. On the day, this instrument gained +0.12% and was between 1.1097 USD and 1.1116 USD. This implies that the price is at +0.15% from its lowest and at -0.02% from its highest.

1.1097
1.1116
1.1114

Here is a more detailed summary of the historical variations registered by EUR/USD:

Technical


Technical analysis of EUR/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1072 1.1088 1.1107 1.1114 1.1132 1.1164 1.1200
Change (%) -0.38% -0.23% -0.06% - +0.16% +0.45% +0.77%
Change -0.0042 -0.0026 -0.0007 - +0.0018 +0.0050 +0.0086
Level Intermediate Intermediate Major - Major Minor 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
Standard1.10051.10501.10751.11201.11451.11901.1215
Camarilla1.10821.10881.10951.11011.11071.11141.1120
Woodie1.09961.10451.10661.11151.11361.11851.1206
Fibonacci1.10501.10761.10931.11201.11461.11631.1190


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09781.10151.10791.11161.11801.12171.1281
Camarilla1.11151.11251.11341.11431.11521.11621.1171
Woodie1.09921.10221.10931.11231.11941.12241.1295
Fibonacci1.10151.10541.10771.11161.11551.11781.1217


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 52.66
MACD (12,26,9): -0.0002
Directional Movement: 3.8795
AROON (14): 85.7142
DEMA (21): 1.1105
Parabolic SAR (0,02-0,02-0,2): 1.1097
Elder Ray (13): 0.0006
Super Trend (3,10): 1.1123
Zig ZAG (10): 1.1110
VORTEX (21): 1.0189
Stochastique (14,3,5): 76.84
TEMA (21): 1.1103
Williams %R (14): -22.73
Chande Momentum Oscillator (20): 0.0011
Repulse (5,40,3): 0.0367
ROCnROLL: 1
TRIX (15,9): -0.0053
Courbe Coppock: 0.05
MA7: 1.1101
MA20: 1.1137
MA50: 1.1207
MA100: 1.1213
MAexp7: 1.1108
MAexp20: 1.1108
MAexp50: 1.1108
MAexp100: 1.1106
Price / MA7: +0.12%
Price / MA20: -0.21%
Price / MA50: -0.83%
Price / MA100: -0.88%
Price / MAexp7: +0.05%
Price / MAexp20: +0.05%
Price / MAexp50: +0.05%
Price / MAexp100: +0.07%

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

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