Londinia Opportunities Analyses - 06/24/2022 (GMT) EURODOLLAR FULL0624 - 1H

EURODOLLAR FULL0624
- USD (-)
- 10 min delayed data - CME Globex Futures
Type: Futures
Ticker: EDXXXX
ISIN: EDXXXX

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 bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 96.6946 USD
My targets
96.7433 USD (+0.03%)
96.8790 USD (+0.17%)
My analysis
EURODOLLAR FULL0922 is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 96.6946 USD. The next resistance located at 96.7433 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 96.8790 USD. After this resistance, buyers could then target 96.9600 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The EURODOLLAR FULL0922 rating is 96.7100 USD. On the day, this instrument gained +0.02% and was between 96.6750 USD and 96.7400 USD. This implies that the price is at +0.04% from its lowest and at -0.03% from its highest.

96.6750
96.7400
96.7100

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:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EURODOLLAR FULL0922 chart shows a strongly bullish trend. 89.29% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 96.5750 96.6362 96.6946 96.7100 96.7433 96.8790 96.9600
Change (%) -0.14% -0.08% -0.02% - +0.03% +0.17% +0.26%
Change -0.1350 -0.0738 -0.0154 - +0.0333 +0.1690 +0.2500
Level Intermediate Intermediate Intermediate - Major Major Minor



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
Standard96.485096.560096.625096.700096.765096.840096.9050
Camarilla96.651596.664396.677296.690096.702896.715796.7285
Woodie96.480096.557596.620096.697596.760096.837596.9000
Fibonacci96.560096.613596.646596.700096.753596.786596.8400


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard95.863396.181796.413396.731796.963397.281797.5133
Camarilla96.493896.544296.594696.645096.695496.745896.7963
Woodie95.820096.160096.370096.710096.920097.260097.4700
Fibonacci96.181796.391896.521696.731796.941897.071697.2817


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.951797.025897.164297.238397.376797.450897.5892
Camarilla97.244197.263597.283097.302597.322097.341597.3609
Woodie96.983897.041997.196397.254497.408897.466997.6213
Fibonacci97.025897.107097.157297.238397.319597.369797.4508

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): 56.16
MACD (12,26,9): 0.0063
Directional Movement: 13.6046
AROON (14): 42.8572
DEMA (21): 96.7068
Parabolic SAR (0,02-0,02-0,2): 96.6776
Elder Ray (13): 0.0064
Super Trend (3,10): 96.6735
Zig ZAG (10): 96.7100
VORTEX (21): 1.0345
Stochastique (14,3,5): 58.97
TEMA (21): 96.7053
Williams %R (14): -46.16
Chande Momentum Oscillator (20): 0.0150
Repulse (5,40,3): 0.0001
ROCnROLL: 1
TRIX (15,9): 0.0009
Courbe Coppock: 0.01
MA7: 96.6629
MA20: 96.9795
MA50: 97.1386
MA100: 97.4080
MAexp7: 96.7047
MAexp20: 96.6981
MAexp50: 96.6844
MAexp100: 96.6851
Price / MA7: +0.05%
Price / MA20: -0.28%
Price / MA50: -0.44%
Price / MA100: -0.72%
Price / MAexp7: +0.01%
Price / MAexp20: +0.01%
Price / MAexp50: +0.03%
Price / MAexp100: +0.03%

Quotes : - 10 min delayed data - Futures CME Globex