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 11/26/2019 (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
17%
44%
39%
My opinion
Bearish under 1.1032 USD
My targets
1.1008 USD (-0.05%)
1.0989 USD (-0.22%)
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 1.1032 USD. The next bearish objective for sellers is set at 1.1008 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0989 USD. If there is any crossing, the next objective would be the support located at 1.0964 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
6.3

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

EUR/USD rating 1.1013 USD. The price has increased by +0.02% since the last closing with the lowest point at 1.1007 USD and the highest point at 1.1025 USD. The deviation from the price is +0.05% for the low point and -0.11% for the high point.

1.1007
1.1025
1.1013

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in 1H of this EUR/USD chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals 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, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0964 1.0989 1.1008 1.1013 1.1032 1.1053 1.1074
Change (%) -0.44% -0.22% -0.05% - +0.17% +0.36% +0.55%
Change -0.0049 -0.0024 -0.0005 - +0.0019 +0.0040 +0.0061
Level Minor Minor Major - Minor Intermediate 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
Standard1.09701.09861.09991.10151.10281.10441.1057
Camarilla1.10031.10061.10081.10111.10141.10161.1019
Woodie1.09681.09851.09971.10141.10261.10431.1055
Fibonacci1.09861.09971.10041.10151.10261.10331.1044


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09081.09611.09911.10441.10741.11271.1157
Camarilla1.09981.10061.10131.10211.10291.10361.1044
Woodie1.08971.09551.09801.10381.10631.11211.1146
Fibonacci1.09611.09931.10121.10441.10761.10951.1127


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06641.07711.09641.10711.12641.13711.1564
Camarilla1.10741.11011.11291.11561.11841.12111.1239
Woodie1.07061.07931.10061.10931.13061.13931.1606
Fibonacci1.07711.08861.09571.10711.11861.12571.1371

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 44.00
MACD (12,26,9): -0.0001
Directional Movement: -1.2908
AROON (14): -14.2857
DEMA (21): 1.1012
Parabolic SAR (0,02-0,02-0,2): 1.1024
Elder Ray (13): 0.0001
Super Trend (3,10): 1.1030
Zig ZAG (10): 1.1012
VORTEX (21): 1.0368
Stochastique (14,3,5): 25.93
TEMA (21): 1.1015
Williams %R (14): -72.22
Chande Momentum Oscillator (20): -0.0001
Repulse (5,40,3): -0.0617
ROCnROLL: 2
TRIX (15,9): -0.0019
Courbe Coppock: 0.05
MA7: 1.1048
MA20: 1.1064
MA50: 1.1043
MA100: 1.1084
MAexp7: 1.1014
MAexp20: 1.1015
MAexp50: 1.1022
MAexp100: 1.1033
Price / MA7: -0.32%
Price / MA20: -0.46%
Price / MA50: -0.27%
Price / MA100: -0.64%
Price / MAexp7: -0.01%
Price / MAexp20: -0.02%
Price / MAexp50: -0.08%
Price / MAexp100: -0.18%

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

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