EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 15 min. - Technical analysis published on 02/28/2020 (GMT)

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  • Timeframe : 15 min.
  • - 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 1.0962 USD
My targets
1.1040 USD (+0.0013)
1.1083 USD (+0.0056)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.0962 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1040 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1083 USD as an objective. Crossing it would then enable buyers to target 1.1161 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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 dbranez. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.1027 USD. The price has increased by +0.28% since the last closing with the lowest point at 1.0982 USD and the highest point at 1.1028 USD. The deviation from the price is +0.41% for the low point and -0.01% for the high point.

1.0982
1.1028
1.1027

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this EUR/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 15 minutes



In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : 15 minutes



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0864 1.0899 1.1005 1.1027 1.1078 1.1170 1.1220
Change (%) -1.48% -1.16% -0.20% - +0.46% +1.30% +1.75%
Change -0.0163 -0.0128 -0.0022 - +0.0051 +0.0143 +0.0193
Level Major Major Major - Intermediate Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07981.08411.09191.09621.10401.10831.1161
Camarilla1.09631.09741.09851.09961.10071.10181.1029
Woodie1.08151.08501.09361.09711.10571.10921.1178
Fibonacci1.08411.08881.09161.09621.10091.10371.1083


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07101.07441.07961.08301.08821.09161.0968
Camarilla1.08241.08321.08401.08481.08561.08641.0872
Woodie1.07191.07491.08051.08351.08911.09211.0977
Fibonacci1.07441.07771.07971.08301.08631.08831.0916


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07481.08701.09811.11031.12141.13361.1447
Camarilla1.10281.10491.10711.10921.11131.11351.1156
Woodie1.07431.08671.09761.11001.12091.13331.1442
Fibonacci1.08701.09591.10141.11031.11921.12471.1336

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): 72.46
MACD (12,26,9): 0.0005
Directional Movement: 24.4519
AROON (14): 14.2857
DEMA (21): 1.1007
Parabolic SAR (0,02-0,02-0,2): 1.0991
Elder Ray (13): 0.0018
Super Trend (3,10): 1.0994
Zig ZAG (10): 1.1026
VORTEX (21): 1.1902
Stochastique (14,3,5): 70.97
TEMA (21): 1.1010
Williams %R (14): -2.70
Chande Momentum Oscillator (20): 0.0027
Repulse (5,40,3): 0.2585
ROCnROLL: 1
TRIX (15,9): 0.0034
Courbe Coppock: 0.24
MA7: 1.0895
MA20: 1.0906
MA50: 1.1030
MA100: 1.1057
MAexp7: 1.1007
MAexp20: 1.1001
MAexp50: 1.0993
MAexp100: 1.0976
Price / MA7: +1.21%
Price / MA20: +1.11%
Price / MA50: -0.03%
Price / MA100: -0.27%
Price / MAexp7: +0.18%
Price / MAexp20: +0.24%
Price / MAexp50: +0.31%
Price / MAexp100: +0.46%

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

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