Londinia Opportunities Analyses - 01/21/2022 (GMT) EURO SCHATZ FULL0624 - 1H

EURO SCHATZ FULL0624
- EUR (-)
- 15 min delayed data - EUREX Futures
Type: Futures
Ticker: SCHATZXXXX
ISIN: FGBSXXXX

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 112.000 EUR
My targets
112.010 EUR (+0.00%)
112.020 EUR (+0.01%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EURO SCHATZ FULL0322 as long as the price remains well above 112.000 EUR. The buyers' bullish objective is set at 112.010 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 112.020 EUR. If there is any crossing, the next objective would be the resistance located at 112.116 EUR. 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, 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
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

EURO SCHATZ FULL0322 rating 112.005 EUR. The price registered an increase of +0.04% on the session with the lowest point at 111.980 EUR and the highest point at 112.005 EUR. The deviation from the price is +0.02% for the low point and 0% for the high point.

111.980
112.005
112.005

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this EURO SCHATZ FULL0322 chart shows a strongly bullish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 111.950 111.985 112.000 112.005 112.010 112.020 112.116
Change (%) -0.05% -0.02% +0.00% - +0.00% +0.01% +0.10%
Change -0.055 -0.020 -0.005 - +0.005 +0.015 +0.111
Level Major Minor Minor - Intermediate Major Minor



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
Standard111.872111.898111.932111.958111.992112.018112.052
Camarilla111.949111.954111.960111.965111.971111.976111.982
Woodie111.875111.900111.935111.960111.995112.020112.055
Fibonacci111.898111.921111.935111.958111.981111.995112.018


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard111.842111.888111.927111.973112.012112.058112.097
Camarilla111.942111.949111.957111.965111.973111.981111.988
Woodie111.838111.886111.923111.971112.008112.056112.093
Fibonacci111.888111.921111.941111.973112.006112.026112.058


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard111.663111.837111.933112.107112.203112.377112.473
Camarilla111.956111.981112.005112.030112.055112.080112.104
Woodie111.625111.818111.895112.088112.165112.358112.435
Fibonacci111.837111.940112.004112.107112.210112.274112.377

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): 62.63
MACD (12,26,9): 0.0150
Directional Movement: 5.576
AROON (14): 42.857
DEMA (21): 112.000
Parabolic SAR (0,02-0,02-0,2): 111.969
Elder Ray (13): 0.006
Super Trend (3,10): 111.970
Zig ZAG (10): 112.000
VORTEX (21): 1.0580
Stochastique (14,3,5): 82.96
TEMA (21): 112.005
Williams %R (14): -11.11
Chande Momentum Oscillator (20): 0.040
Repulse (5,40,3): 0.0090
ROCnROLL: 1
TRIX (15,9): 0.0020
Courbe Coppock: 0.06
MA7: 111.961
MA20: 112.002
MA50: 112.130
MA100: 112.095
MAexp7: 111.997
MAexp20: 111.982
MAexp50: 111.962
MAexp100: 111.956
Price / MA7: +0.04%
Price / MA20: +0.00%
Price / MA50: -0.11%
Price / MA100: -0.08%
Price / MAexp7: +0.01%
Price / MAexp20: +0.02%
Price / MAexp50: +0.04%
Price / MAexp100: +0.04%

Quotes : - 15 min delayed data - Futures EUREX