Londinia Opportunities Analyses - 01/25/2023 (GMT) EURO FX FULL0624 - 1H
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USD
(-)
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10 min delayed data - CME Globex Futures
| Type: | Futures |
| Ticker: | EURUSDXXXX |
| ISIN: | EURUSDXXXX |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.09164 USD
My targets
1.09625 USD (+0.27%)
1.09780 USD (+0.41%)
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 FX FULL0323 as long as the price remains well above 1.09164 USD. The buyers' bullish objective is set at 1.09625 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.09780 USD. If there is any crossing, the next objective would be the resistance located at 1.11387 USD. 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
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The EURO FX FULL0323 price is 1.09335 USD. The price registered an increase of +0.13% on the session and was between 1.08915 USD and 1.09580 USD. This implies that the price is at +0.39% from its lowest and at -0.22% from its highest.1.08915
1.09580
1.09335
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EURO FX FULL0323 in 1H shows a strongly overall bullish trend. 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.
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.08701 | 1.09164 | 1.09330 | 1.09335 | 1.09625 | 1.09780 | 1.11387 |
| Change (%) | -0.58% | -0.16% | +0.00% | - | +0.27% | +0.41% | +1.88% |
| Change | -0.00634 | -0.00171 | -0.00005 | - | +0.00290 | +0.00445 | +0.02052 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | 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 | 1.08187 | 1.08443 | 1.08817 | 1.09073 | 1.09447 | 1.09703 | 1.10077 |
| Camarilla | 1.09017 | 1.09075 | 1.09132 | 1.09190 | 1.09248 | 1.09306 | 1.09363 |
| Woodie | 1.08245 | 1.08473 | 1.08875 | 1.09103 | 1.09505 | 1.09733 | 1.10135 |
| Fibonacci | 1.08443 | 1.08684 | 1.08833 | 1.09073 | 1.09314 | 1.09463 | 1.09703 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.06995 | 1.07525 | 1.08215 | 1.08745 | 1.09435 | 1.09965 | 1.10655 |
| Camarilla | 1.08570 | 1.08681 | 1.08793 | 1.08905 | 1.09017 | 1.09129 | 1.09241 |
| Woodie | 1.07075 | 1.07565 | 1.08295 | 1.08785 | 1.09515 | 1.10005 | 1.10735 |
| Fibonacci | 1.07525 | 1.07991 | 1.08279 | 1.08745 | 1.09211 | 1.09499 | 1.09965 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.02708 | 1.03887 | 1.05713 | 1.06892 | 1.08718 | 1.09897 | 1.11723 |
| Camarilla | 1.06714 | 1.06989 | 1.07265 | 1.07540 | 1.07816 | 1.08091 | 1.08366 |
| Woodie | 1.03033 | 1.04049 | 1.06038 | 1.07054 | 1.09043 | 1.10059 | 1.12048 |
| Fibonacci | 1.03887 | 1.05035 | 1.05744 | 1.06892 | 1.08040 | 1.08749 | 1.09897 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.79 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 6.13715 | |
| AROON (14): | 28.57143 | |
| DEMA (21): | 1.09245 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.08975 | |
| Elder Ray (13): | 0.00100 | |
| Super Trend (3,10): | 1.09449 | |
| Zig ZAG (10): | 1.09315 | |
| VORTEX (21): | 1.0584 | |
| Stochastique (14,3,5): | 64.16 | |
| TEMA (21): | 1.09255 | |
| Williams %R (14): | -38.35 | |
| Chande Momentum Oscillator (20): | 0.00010 | |
| Repulse (5,40,3): | 0.1391 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0028 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.08819 | |
| MA20: | 1.07948 | |
| MA50: | 1.06575 | |
| MA100: | 1.03378 | |
| MAexp7: | 1.09257 | |
| MAexp20: | 1.09200 | |
| MAexp50: | 1.09132 | |
| MAexp100: | 1.09001 | |
| Price / MA7: | +0.47% | |
| Price / MA20: | +1.28% | |
| Price / MA50: | +2.59% | |
| Price / MA100: | +5.76% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.31% |
Quotes :
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10 min delayed data
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Futures CME Globex