Londinia Opportunities Analyses - 09/22/2021 (GMT) EUR/USD - 1H

- USD (-)
- Real time data - Forex
Type: Forex
Ticker: EURUSD
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1.1715 USD
My targets
1.1643 USD (-0.0049)
1.1548 USD (-0.0144)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.1715 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.1643 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.1548 USD as an objective. Crossing it would then enable sellers to target 1.1216 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

EUR/USD rating 1.1692 USD. The price is lower by -0.26% since the last closing and was between 1.1684 USD and 1.1756 USD. This implies that the price is at +0.07% from its lowest and at -0.54% from its highest.

1.1684
1.1756
1.1692

Here is a more detailed summary of the historical variations registered by EUR/USD:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUR/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1216 1.1548 1.1690 1.1692 1.1715 1.1749 1.1772
Change (%) -4.07% -1.23% -0.02% - +0.20% +0.49% +0.68%
Change -0.0476 -0.0144 -0.0002 - +0.0023 +0.0057 +0.0080
Level Intermediate Intermediate Major - Minor Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.16751.16951.17091.17291.17431.17631.1777
Camarilla1.17141.17171.17201.17231.17261.17291.1732
Woodie1.16721.16941.17061.17281.17401.17621.1774
Fibonacci1.16951.17081.17161.17291.17421.17501.1763


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.15621.16431.16841.17651.18061.18871.1928
Camarilla1.16921.17031.17141.17251.17361.17471.1759
Woodie1.15421.16331.16641.17551.17861.18771.1908
Fibonacci1.16431.16901.17181.17651.18121.18401.1887


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.14471.15551.16831.17911.19191.20271.2155
Camarilla1.17451.17671.17881.18101.18321.18531.1875
Woodie1.14561.15601.16921.17961.19281.20321.2164
Fibonacci1.15551.16461.17011.17911.18821.19371.2027

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): 32.80
MACD (12,26,9): -0.0009
Directional Movement: -15.0858
AROON (14): -7.1429
DEMA (21): 1.1703
Parabolic SAR (0,02-0,02-0,2): 1.1752
Elder Ray (13): -0.0015
Super Trend (3,10): 1.1734
Zig ZAG (10): 1.1692
VORTEX (21): 0.8905
Stochastique (14,3,5): 13.43
TEMA (21): 1.1696
Williams %R (14): -86.11
Chande Momentum Oscillator (20): -0.0032
Repulse (5,40,3): -0.0668
ROCnROLL: 2
TRIX (15,9): -0.0056
Courbe Coppock: 0.48
MA7: 1.1751
MA20: 1.1799
MA50: 1.1790
MA100: 1.1918
MAexp7: 1.1700
MAexp20: 1.1713
MAexp50: 1.1723
MAexp100: 1.1736
Price / MA7: -0.50%
Price / MA20: -0.91%
Price / MA50: -0.83%
Price / MA100: -1.90%
Price / MAexp7: -0.07%
Price / MAexp20: -0.18%
Price / MAexp50: -0.26%
Price / MAexp100: -0.37%

Quotes : - Real time data - Forex