USD/ILS - 1H - Technical analysis published on 07/21/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 3.59950 ILS
My targets
3.63180 ILS (+0.01750)
3.64671 ILS (+0.03241)
My analysis
The strong short-term increase for USD/ILS reinforces the current slightly bullish trend. As long as the price remains above 3.59950 ILS, you could take advantage of this bullish acceleration. The first bullish objective is located at 3.63180 ILS. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.64671 ILS as an objective. Crossing it would then enable buyers to target 3.67204 ILS. A return to 3.59950 ILS would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.9
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Additional analysis
Quotes
The USD/ILS rating is 3.61430 ILS. On the day, this instrument gained +0.48% and was between 3.59614 ILS and 3.61450 ILS. This implies that the price is at +0.50% from its lowest and at -0.01% from its highest.3.59614
3.61450
3.61430
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this USD/ILS chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.56446 | 3.57749 | 3.59950 | 3.61430 | 3.63180 | 3.64671 | 3.67204 |
| Change (%) | -1.38% | -1.02% | -0.41% | - | +0.48% | +0.90% | +1.60% |
| Change | -0.04984 | -0.03681 | -0.01480 | - | +0.01750 | +0.03241 | +0.05774 |
| Level | Minor | Intermediate | Intermediate | - | Major | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.53265 | 3.55311 | 3.57515 | 3.59561 | 3.61765 | 3.63811 | 3.66015 |
| Camarilla | 3.58549 | 3.58939 | 3.59328 | 3.59718 | 3.60108 | 3.60497 | 3.60887 |
| Woodie | 3.53343 | 3.55351 | 3.57593 | 3.59601 | 3.61843 | 3.63851 | 3.66093 |
| Fibonacci | 3.55311 | 3.56935 | 3.57938 | 3.59561 | 3.61185 | 3.62188 | 3.63811 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.43096 | 3.51505 | 3.56085 | 3.64494 | 3.69074 | 3.77483 | 3.82063 |
| Camarilla | 3.57093 | 3.58284 | 3.59474 | 3.60665 | 3.61856 | 3.63046 | 3.64237 |
| Woodie | 3.41182 | 3.50548 | 3.54171 | 3.63537 | 3.67160 | 3.76526 | 3.80149 |
| Fibonacci | 3.51505 | 3.56467 | 3.59532 | 3.64494 | 3.69456 | 3.72521 | 3.77483 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.37051 | 3.45658 | 3.58236 | 3.66843 | 3.79421 | 3.88028 | 4.00606 |
| Camarilla | 3.64988 | 3.66930 | 3.68872 | 3.70814 | 3.72756 | 3.74698 | 3.76640 |
| Woodie | 3.39037 | 3.46651 | 3.60222 | 3.67836 | 3.81407 | 3.89021 | 4.02592 |
| Fibonacci | 3.45658 | 3.53751 | 3.58750 | 3.66843 | 3.74936 | 3.79935 | 3.88028 |
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): | 56.60 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 4.42758 | |
| AROON (14): | -64.28571 | |
| DEMA (21): | 3.60430 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.59094 | |
| Elder Ray (13): | 0.00313 | |
| Super Trend (3,10): | 3.58791 | |
| Zig ZAG (10): | 3.60565 | |
| VORTEX (21): | 1.1699 | |
| Stochastique (14,3,5): | 60.72 | |
| TEMA (21): | 3.60699 | |
| Williams %R (14): | -35.12 | |
| Chande Momentum Oscillator (20): | -0.00357 | |
| Repulse (5,40,3): | 0.1251 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0133 | |
| Courbe Coppock: | 0.16 |
| MA7: | 3.60531 | |
| MA20: | 3.65742 | |
| MA50: | 3.65733 | |
| MA100: | 3.64241 | |
| MAexp7: | 3.60382 | |
| MAexp20: | 3.60057 | |
| MAexp50: | 3.59940 | |
| MAexp100: | 3.60737 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | -1.18% | |
| Price / MA50: | -1.18% | |
| Price / MA100: | -0.77% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.41% | |
| Price / MAexp100: | +0.19% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on USD/ILS. At the time of publication of this analysis, the latest news was as follows:
USD/ILS Keeps RisingThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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