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EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
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EUR/USD - 1H - Technical analysis published on 03/30/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 1.1076 USD
My targets
1.1155 USD (+0.0047)
1.1220 USD (+0.0112)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.1076 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1155 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1220 USD as an objective. Crossing it would then enable buyers to target 1.1399 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.9

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.

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15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 1.1108 USD. The price has increased by -0.25% since the last closing with the lowest point at 1.1090 USD and the highest point at 1.1139 USD. The deviation from the price is +0.16% for the low point and -0.28% for the high point.

1.1090
1.1139
1.1108

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/USD:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is strongly bullish. 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0899 1.0953 1.1076 1.1108 1.1220 1.1399 1.1561
Change (%) -1.88% -1.40% -0.29% - +1.01% +2.62% +4.08%
Change -0.0209 -0.0155 -0.0032 - +0.0112 +0.0291 +0.0453
Level Major Intermediate Major - Major Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.10741.10891.11131.11281.11521.11671.1191
Camarilla1.11251.11291.11321.11361.11401.11431.1147
Woodie1.10781.10911.11171.11301.11561.11691.1195
Fibonacci1.10891.11041.11131.11281.11431.11521.1167


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02921.04641.08041.09761.13161.14881.1828
Camarilla1.10031.10501.10971.11441.11911.12381.1285
Woodie1.03761.05061.08881.10181.14001.15301.1912
Fibonacci1.04641.06601.07801.09761.11721.12921.1488


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.05211.06501.08381.09671.11551.12841.1472
Camarilla1.09401.09691.09981.10271.10561.10851.1114
Woodie1.05521.06651.08691.09821.11861.12991.1503
Fibonacci1.06501.07711.08461.09671.10881.11631.1284

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): 58.26
MACD (12,26,9): 0.0030
Directional Movement: 10.0321
AROON (14): 50.0000
DEMA (21): 1.1127
Parabolic SAR (0,02-0,02-0,2): 1.1086
Elder Ray (13): 0.0007
Super Trend (3,10): 1.1047
Zig ZAG (10): 1.1109
VORTEX (21): 1.0804
Stochastique (14,3,5): 83.30
TEMA (21): 1.1129
Williams %R (14): -22.49
Chande Momentum Oscillator (20): 0.0050
Repulse (5,40,3): -0.0517
ROCnROLL: 1
TRIX (15,9): 0.0382
Courbe Coppock: 1.90
MA7: 1.0984
MA20: 1.1063
MA50: 1.1001
MA100: 1.1052
MAexp7: 1.1113
MAexp20: 1.1087
MAexp50: 1.1027
MAexp100: 1.0962
Price / MA7: +1.13%
Price / MA20: +0.41%
Price / MA50: +0.97%
Price / MA100: +0.51%
Price / MAexp7: -0.04%
Price / MAexp20: +0.19%
Price / MAexp50: +0.73%
Price / MAexp100: +1.33%

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:

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

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Londinia
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