Londinia Opportunities Analyses - 06/24/2022 (GMT) SILVER - EUR - 1H
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EUR
(-)
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Real time data - Gold & Silver Spot
| Type: | Commodities |
| Ticker: | XAGEUR |
| ISIN: |
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 19.90 EUR
My targets
19.62 EUR (-1.01%)
19.01 EUR (-4.09%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on SILVER - EUR as long as the price remains well below 19.90 EUR. The sellers' bearish objective is set at 19.62 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 19.01 EUR. In case of crossing, the next objective would be the support located at 18.46 EUR. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The SILVER - EUR price is 19.82 EUR. On the day, this instrument lost -0.75% and was traded between 19.78 EUR and 20.05 EUR over the period. The price is currently at +0.20% from its lowest and -1.15% from its highest.19.78
20.05
19.82
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this SILVER - EUR 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 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 bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.46 | 19.01 | 19.62 | 19.82 | 19.90 | 20.07 | 20.24 |
| Change (%) | -6.86% | -4.09% | -1.01% | - | +0.40% | +1.26% | +2.12% |
| Change | -1.36 | -0.81 | -0.20 | - | +0.08 | +0.25 | +0.42 |
| Level | Major | Minor | Intermediate | - | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 19.25 | 19.58 | 19.77 | 20.10 | 20.29 | 20.62 | 20.81 |
| Camarilla | 19.83 | 19.88 | 19.92 | 19.97 | 20.02 | 20.07 | 20.11 |
| Woodie | 19.19 | 19.55 | 19.71 | 20.07 | 20.23 | 20.59 | 20.75 |
| Fibonacci | 19.58 | 19.78 | 19.90 | 20.10 | 20.30 | 20.42 | 20.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.25 | 19.66 | 20.15 | 20.56 | 21.05 | 21.46 | 21.95 |
| Camarilla | 20.40 | 20.49 | 20.57 | 20.65 | 20.73 | 20.82 | 20.90 |
| Woodie | 19.30 | 19.68 | 20.20 | 20.58 | 21.10 | 21.48 | 22.00 |
| Fibonacci | 19.66 | 20.00 | 20.21 | 20.56 | 20.90 | 21.11 | 21.46 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.94 | 18.35 | 19.21 | 20.62 | 21.48 | 22.89 | 23.75 |
| Camarilla | 19.46 | 19.66 | 19.87 | 20.08 | 20.29 | 20.50 | 20.70 |
| Woodie | 16.68 | 18.21 | 18.95 | 20.48 | 21.22 | 22.75 | 23.49 |
| Fibonacci | 18.35 | 19.21 | 19.75 | 20.62 | 21.48 | 22.02 | 22.89 |
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): | 35.64 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -18.28 | |
| AROON (14): | 28.58 | |
| DEMA (21): | 19.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.07 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 20.18 | |
| Zig ZAG (10): | 19.81 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 32.10 | |
| TEMA (21): | 19.86 | |
| Williams %R (14): | -88.89 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | -0.4700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.08 |
| MA7: | 20.36 | |
| MA20: | 20.46 | |
| MA50: | 20.98 | |
| MA100: | 21.61 | |
| MAexp7: | 19.90 | |
| MAexp20: | 19.98 | |
| MAexp50: | 20.12 | |
| MAexp100: | 20.27 | |
| Price / MA7: | -2.65% | |
| Price / MA20: | -3.13% | |
| Price / MA50: | -5.53% | |
| Price / MA100: | -8.28% | |
| Price / MAexp7: | -0.40% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -1.49% | |
| Price / MAexp100: | -2.22% |
Quotes :
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Real time data
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Gold & Silver Spot