EUR/USD - 1H - Technical analysis published on 11/20/2019 (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:
Bullish
De fond:
Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 1.1054 USD
My targets
1.1073 USD (+0.03%)
1.1090 USD (+0.18%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.1054 USD. The buyers” bullish objective is set at 1.1073 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1090 USD. If there is any crossing, the next objective would be the resistance located at 1.1132 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
4.1
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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 1.1070 USD. The price registered a decrease of -0.07% on the session and was traded between 1.1053 USD and 1.1081 USD over the period. The price is currently at +0.15% from its lowest and -0.10% from its highest.1.1053
1.1081
1.1070
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of EUR/USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
Horizontal support is broken
Type : Bearish
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 | 1.1008 | 1.1016 | 1.1054 | 1.1070 | 1.1073 | 1.1090 | 1.1132 |
| Change (%) | -0.56% | -0.49% | -0.14% | - | +0.03% | +0.18% | +0.56% |
| Change | -0.0062 | -0.0054 | -0.0016 | - | +0.0003 | +0.0020 | +0.0062 |
| Level | Minor | Intermediate | Intermediate | - | 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 | 1.1043 | 1.1053 | 1.1065 | 1.1075 | 1.1087 | 1.1097 | 1.1109 |
| Camarilla | 1.1072 | 1.1074 | 1.1076 | 1.1078 | 1.1080 | 1.1082 | 1.1084 |
| Woodie | 1.1045 | 1.1054 | 1.1067 | 1.1076 | 1.1089 | 1.1098 | 1.1111 |
| Fibonacci | 1.1053 | 1.1061 | 1.1066 | 1.1075 | 1.1083 | 1.1088 | 1.1097 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0941 | 1.0965 | 1.1009 | 1.1033 | 1.1077 | 1.1101 | 1.1145 |
| Camarilla | 1.1034 | 1.1041 | 1.1047 | 1.1053 | 1.1059 | 1.1066 | 1.1072 |
| Woodie | 1.0951 | 1.0970 | 1.1019 | 1.1038 | 1.1087 | 1.1106 | 1.1155 |
| Fibonacci | 1.0965 | 1.0991 | 1.1007 | 1.1033 | 1.1059 | 1.1075 | 1.1101 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0664 | 1.0771 | 1.0964 | 1.1071 | 1.1264 | 1.1371 | 1.1564 |
| Camarilla | 1.1074 | 1.1101 | 1.1129 | 1.1156 | 1.1184 | 1.1211 | 1.1239 |
| Woodie | 1.0706 | 1.0793 | 1.1006 | 1.1093 | 1.1306 | 1.1393 | 1.1606 |
| Fibonacci | 1.0771 | 1.0886 | 1.0957 | 1.1071 | 1.1186 | 1.1257 | 1.1371 |
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): | 51.69 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 2.7613 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.1066 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1056 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.1079 | |
| Zig ZAG (10): | 1.1070 | |
| VORTEX (21): | 0.9249 | |
| Stochastique (14,3,5): | 47.62 | |
| TEMA (21): | 1.1064 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.0282 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0029 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.1045 | |
| MA20: | 1.1078 | |
| MA50: | 1.1045 | |
| MA100: | 1.1092 | |
| MAexp7: | 1.1067 | |
| MAexp20: | 1.1068 | |
| MAexp50: | 1.1067 | |
| MAexp100: | 1.1059 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | +0.23% | |
| Price / MA100: | -0.20% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | +0.10% |
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
-
EUR/USD Technical Analysis for November 21, 2019 by FXEmpire
-
NZD/USD, EUR/USD, GBP/JPY Positioning Analysis With Daniel Dubrovsky
-
EUR/USD and GBP/USD Forecast November 20, 2019
-
EUR/USD Technical Analysis for November 20, 2019 by FXEmpire
-
Weekly Technical Analysis: 19/11/2019 - EURUSD, USDJPY, USDCAD
This member declared not having a position on this financial instrument or a related financial instrument.
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