EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - Daily - Technical analysis published on 01/12/2020 (GMT)

  • 239
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Neutral
De fond: Slightly bullish
Technical indicators
22%
28%
50%
My opinion
Neutral between 1.1006 USD and 1.1176 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.1176 USD. The first support is located at 1.1006 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.

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 Edd8011. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

EUR/USD rating 1.1118 USD. The price has increased by +0.08% since the last closing and was between 1.1085 USD and 1.1129 USD. This implies that the price is at +0.30% from its lowest and at -0.10% from its highest.

1.1085
1.1129
1.1118

Here is a more detailed summary of the historical variations registered by EUR/USD:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of EUR/USD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0964 1.1006 1.1075 1.1118 1.1176 1.1218 1.1335
Change (%) -1.39% -1.01% -0.39% - +0.52% +0.90% +1.95%
Change -0.0154 -0.0112 -0.0043 - +0.0058 +0.0100 +0.0217
Level Minor Intermediate Major - Major Intermediate Minor



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
Standard1.10661.10801.10941.11081.11221.11361.1150
Camarilla1.11011.11041.11061.11091.11121.11141.1117
Woodie1.10671.10801.10951.11081.11231.11361.1151
Fibonacci1.10801.10901.10971.11081.11181.11251.1136


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09961.10601.11101.11741.12241.12881.1338
Camarilla1.11281.11381.11491.11591.11691.11801.1190
Woodie1.09881.10571.11021.11711.12161.12851.1330
Fibonacci1.10601.11041.11311.11741.12181.12451.1288


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08281.09161.10641.11521.13001.13881.1536
Camarilla1.11481.11701.11911.12131.12351.12561.1278
Woodie1.08591.09311.10951.11671.13311.14031.1567
Fibonacci1.09161.10061.10621.11521.12421.12981.1388

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): 48.27
MACD (12,26,9): 0.0012
Directional Movement: -0.1393
AROON (14): 35.7142
DEMA (21): 1.1156
Parabolic SAR (0,02-0,02-0,2): 1.1231
Elder Ray (13): -0.0035
Super Trend (3,10): 1.1088
Zig ZAG (10): 1.1118
VORTEX (21): 0.9747
Stochastique (14,3,5): 26.51
TEMA (21): 1.1152
Williams %R (14): -71.18
Chande Momentum Oscillator (20): 0.0023
Repulse (5,40,3): -0.1082
ROCnROLL: -1
TRIX (15,9): 0.0277
Courbe Coppock: 0.68
MA7: 1.1146
MA20: 1.1140
MA50: 1.1093
MA100: 1.1067
MAexp7: 1.1138
MAexp20: 1.1136
MAexp50: 1.1111
MAexp100: 1.1107
Price / MA7: -0.25%
Price / MA20: -0.20%
Price / MA50: +0.23%
Price / MA100: +0.46%
Price / MAexp7: -0.18%
Price / MAexp20: -0.16%
Price / MAexp50: +0.06%
Price / MAexp100: +0.10%

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

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