USD/ILS - 1H - Technical analysis published on 08/29/2023 (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:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 3.78943 ILS
My targets
3.80566 ILS (+0.00491)
3.81275 ILS (+0.01200)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/ILS as long as the price remains well above 3.78943 ILS. The buyers' bullish objective is set at 3.80566 ILS. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.81275 ILS. If there is any crossing, the next objective would be the resistance located at 4.04830 ILS. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/ILS rating 3.80075 ILS. The price has increased by +0.00% since the last closing and was traded between 3.80021 ILS and 3.80171 ILS over the period. The price is currently at +0.01% from its lowest and -0.03% from its highest.3.80021
3.80171
3.80075
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on USD/ILS were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of USD/ILS indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Williams %R indicator is back under -50
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 a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.76730 | 3.77960 | 3.78943 | 3.80075 | 3.80566 | 3.81275 | 4.04830 |
| Change (%) | -0.88% | -0.56% | -0.30% | - | +0.13% | +0.32% | +6.51% |
| Change | -0.03345 | -0.02115 | -0.01132 | - | +0.00491 | +0.01200 | +0.24755 |
| Level | Minor | Minor | Major | - | Minor | Major | Intermediate |
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 | 3.77526 | 3.78230 | 3.79155 | 3.79859 | 3.80784 | 3.81488 | 3.82413 |
| Camarilla | 3.79631 | 3.79780 | 3.79930 | 3.80079 | 3.80228 | 3.80378 | 3.80527 |
| Woodie | 3.77636 | 3.78285 | 3.79265 | 3.79914 | 3.80894 | 3.81543 | 3.82523 |
| Fibonacci | 3.78230 | 3.78853 | 3.79237 | 3.79859 | 3.80482 | 3.80866 | 3.81488 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.70457 | 3.72804 | 3.76382 | 3.78729 | 3.82307 | 3.84654 | 3.88232 |
| Camarilla | 3.78331 | 3.78874 | 3.79417 | 3.79960 | 3.80503 | 3.81046 | 3.81589 |
| Woodie | 3.71073 | 3.73112 | 3.76998 | 3.79037 | 3.82923 | 3.84962 | 3.88848 |
| Fibonacci | 3.72804 | 3.75067 | 3.76466 | 3.78729 | 3.80992 | 3.82391 | 3.84654 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.41350 | 3.48898 | 3.57810 | 3.65358 | 3.74270 | 3.81818 | 3.90730 |
| Camarilla | 3.62196 | 3.63704 | 3.65213 | 3.66722 | 3.68231 | 3.69740 | 3.71249 |
| Woodie | 3.42032 | 3.49239 | 3.58492 | 3.65699 | 3.74952 | 3.82159 | 3.91412 |
| Fibonacci | 3.48898 | 3.55186 | 3.59070 | 3.65358 | 3.71646 | 3.75530 | 3.81818 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.36 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 4.84048 | |
| AROON (14): | 21.42857 | |
| DEMA (21): | 3.80187 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.79559 | |
| Elder Ray (13): | 0.00066 | |
| Super Trend (3,10): | 3.79263 | |
| Zig ZAG (10): | 3.80077 | |
| VORTEX (21): | 1.1208 | |
| Stochastique (14,3,5): | 48.51 | |
| TEMA (21): | 3.80116 | |
| Williams %R (14): | -57.41 | |
| Chande Momentum Oscillator (20): | -0.00078 | |
| Repulse (5,40,3): | -0.0082 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0065 | |
| Courbe Coppock: | 0.13 |
| MA7: | 3.78658 | |
| MA20: | 3.74577 | |
| MA50: | 3.69447 | |
| MA100: | 3.67457 | |
| MAexp7: | 3.80067 | |
| MAexp20: | 3.79973 | |
| MAexp50: | 3.79556 | |
| MAexp100: | 3.78978 | |
| Price / MA7: | +0.37% | |
| Price / MA20: | +1.47% | |
| Price / MA50: | +2.88% | |
| Price / MA100: | +3.43% | |
| Price / MAexp7: | +0.00% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.29% |
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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