EUR/USD - 15 min. - Technical analysis published on 09/20/2019 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 1.1047 USD
My targets
1.1020 USD (-0.14%)
1.0996 USD (-0.36%)
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 1.1047 USD. The sellers” bearish objective is set at 1.1020 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0996 USD. In case of crossing, the next objective would be the support located at 1.0969 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
7.1
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.1036 USD. The price registered a decrease of -0.07% on the session with the lowest point at 1.1032 USD and the highest point at 1.1068 USD. The deviation from the price is +0.04% for the low point and -0.29% for the high point.1.1032
1.1068
1.1036
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
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 | 1.0965 | 1.0990 | 1.1014 | 1.1036 | 1.1037 | 1.1072 | 1.1110 |
| Change (%) | -0.64% | -0.42% | -0.20% | - | +0.01% | +0.33% | +0.67% |
| Change | -0.0071 | -0.0046 | -0.0022 | - | +0.0001 | +0.0036 | +0.0074 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0969 | 1.0996 | 1.1020 | 1.1047 | 1.1071 | 1.1098 | 1.1122 |
| Camarilla | 1.1030 | 1.1035 | 1.1039 | 1.1044 | 1.1049 | 1.1053 | 1.1058 |
| Woodie | 1.0968 | 1.0995 | 1.1019 | 1.1046 | 1.1070 | 1.1097 | 1.1121 |
| Fibonacci | 1.0996 | 1.1016 | 1.1028 | 1.1047 | 1.1067 | 1.1079 | 1.1098 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2350 | 1.2482 | 1.2576 | 1.2708 | 1.2802 | 1.2934 | 1.3028 |
| Camarilla | 1.2608 | 1.2629 | 1.2649 | 1.2670 | 1.2691 | 1.2711 | 1.2732 |
| Woodie | 1.2331 | 1.2473 | 1.2557 | 1.2699 | 1.2783 | 1.2925 | 1.3009 |
| Fibonacci | 1.2482 | 1.2568 | 1.2622 | 1.2708 | 1.2794 | 1.2848 | 1.2934 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0599 | 1.0781 | 1.0886 | 1.1068 | 1.1173 | 1.1355 | 1.1460 |
| Camarilla | 1.0912 | 1.0938 | 1.0965 | 1.0991 | 1.1017 | 1.1044 | 1.1070 |
| Woodie | 1.0561 | 1.0762 | 1.0848 | 1.1049 | 1.1135 | 1.1336 | 1.1422 |
| Fibonacci | 1.0781 | 1.0891 | 1.0958 | 1.1068 | 1.1178 | 1.1245 | 1.1355 |
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): | 35.51 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -12.7946 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.1045 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1053 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 1.1057 | |
| Zig ZAG (10): | 1.1039 | |
| VORTEX (21): | 0.8889 | |
| Stochastique (14,3,5): | 7.77 | |
| TEMA (21): | 1.1042 | |
| Williams %R (14): | -95.00 | |
| Chande Momentum Oscillator (20): | -0.0015 | |
| Repulse (5,40,3): | -0.0369 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0024 | |
| Courbe Coppock: | 0.23 |
| MA7: | 1.1133 | |
| MA20: | 1.1068 | |
| MA50: | 1.1120 | |
| MA100: | 1.1183 | |
| MAexp7: | 1.1043 | |
| MAexp20: | 1.1049 | |
| MAexp50: | 1.1051 | |
| MAexp100: | 1.1051 | |
| Price / MA7: | -0.87% | |
| Price / MA20: | -0.29% | |
| Price / MA50: | -0.76% | |
| Price / MA100: | -1.31% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.14% | |
| 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:
-
EUR/USD and GBP/USD Forecast September 19, 2019
-
EUR/USD Technical Analysis for September 18, 2019 by FXEmpire
-
EURUSD and Risk Focus on Fed and Trade Rumors (Weekly Fundamental Webinar)
-
EUR/USD Technical Analysis for September 17, 2019 by FXEmpire
-
EUR/USD and GBP/USD Forecast September 16, 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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