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.
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This analysis was given by Edd8011. Take part yourself by sharing additional analysis on another time unit:
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 1.1066 | 1.1080 | 1.1094 | 1.1108 | 1.1122 | 1.1136 | 1.1150 |
Camarilla | 1.1101 | 1.1104 | 1.1106 | 1.1109 | 1.1112 | 1.1114 | 1.1117 |
Woodie | 1.1067 | 1.1080 | 1.1095 | 1.1108 | 1.1123 | 1.1136 | 1.1151 |
Fibonacci | 1.1080 | 1.1090 | 1.1097 | 1.1108 | 1.1118 | 1.1125 | 1.1136 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0996 | 1.1060 | 1.1110 | 1.1174 | 1.1224 | 1.1288 | 1.1338 |
Camarilla | 1.1128 | 1.1138 | 1.1149 | 1.1159 | 1.1169 | 1.1180 | 1.1190 |
Woodie | 1.0988 | 1.1057 | 1.1102 | 1.1171 | 1.1216 | 1.1285 | 1.1330 |
Fibonacci | 1.1060 | 1.1104 | 1.1131 | 1.1174 | 1.1218 | 1.1245 | 1.1288 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0828 | 1.0916 | 1.1064 | 1.1152 | 1.1300 | 1.1388 | 1.1536 |
Camarilla | 1.1148 | 1.1170 | 1.1191 | 1.1213 | 1.1235 | 1.1256 | 1.1278 |
Woodie | 1.0859 | 1.0931 | 1.1095 | 1.1167 | 1.1331 | 1.1403 | 1.1567 |
Fibonacci | 1.0916 | 1.1006 | 1.1062 | 1.1152 | 1.1242 | 1.1298 | 1.1388 |
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% |
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 January 13, 2020
- EUR/USD Technical Analysis for January 13, 2020 by FXEmpire
- EUR/USD Technical Analysis for the week of January 13, 2020 by FXEmpire
- EUR/USD and GBP/USD Forecast January 10, 2020
- EUR/USD Technical Analysis for January 10, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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