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 12/27/2019 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.1132 USD
My targets
1.1176 USD (+0.0027)
1.1242 USD (+0.0093)
My analysis
EUR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.1132 USD. The next resistance located at 1.1176 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.1242 USD. After this resistance, buyers could then target 1.1335 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.9

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 Frederico Pereira. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 1.1149 USD. On the day, this instrument gained +0.43% with the lowest point at 1.1099 USD and the highest point at 1.1150 USD. The deviation from the price is +0.45% for the low point and -0.01% for the high point.

1.1099
1.1150
1.1149

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

Technical


A technical analysis in 1H of this EUR/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1110 1.1132 1.1144 1.1149 1.1158 1.1176 1.1242
Change (%) -0.35% -0.15% -0.04% - +0.08% +0.24% +0.83%
Change -0.0039 -0.0017 -0.0005 - +0.0009 +0.0027 +0.0093
Level Intermediate Major Intermediate - Minor Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.10591.10701.10861.10971.11131.11241.1140
Camarilla1.10941.10961.10991.11011.11041.11061.1108
Woodie1.10611.10711.10881.10981.11151.11251.1142
Fibonacci1.10701.10811.10871.10971.11081.11141.1124


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09281.09971.10371.11061.11461.12151.1255
Camarilla1.10471.10571.10671.10771.10871.10971.1107
Woodie1.09141.09901.10231.10991.11321.12081.1241
Fibonacci1.09971.10391.10641.11061.11481.11731.1215


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07481.08651.09421.10591.11361.12531.1330
Camarilla1.09671.09841.10021.10201.10381.10561.1073
Woodie1.07291.08551.09231.10491.11171.12431.1311
Fibonacci1.08651.09391.09851.10591.11331.11791.1253

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): 79.50
MACD (12,26,9): 0.0013
Directional Movement: 34.0469
AROON (14): 100.0000
DEMA (21): 1.1139
Parabolic SAR (0,02-0,02-0,2): 1.1129
Elder Ray (13): 0.0020
Super Trend (3,10): 1.1123
Zig ZAG (10): 1.1146
VORTEX (21): 1.3464
Stochastique (14,3,5): 94.94
TEMA (21): 1.1142
Williams %R (14): -7.14
Chande Momentum Oscillator (20): 0.0045
Repulse (5,40,3): 0.1401
ROCnROLL: 1
TRIX (15,9): 0.0118
Courbe Coppock: 0.62
MA7: 1.1106
MA20: 1.1103
MA50: 1.1087
MA100: 1.1063
MAexp7: 1.1139
MAexp20: 1.1122
MAexp50: 1.1108
MAexp100: 1.1104
Price / MA7: +0.39%
Price / MA20: +0.41%
Price / MA50: +0.56%
Price / MA100: +0.78%
Price / MAexp7: +0.09%
Price / MAexp20: +0.24%
Price / MAexp50: +0.37%
Price / MAexp100: +0.41%

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

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