EUR/ILS

- ILS (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURILS
ISIN:

EUR/ILS - Daily - Technical analysis published on 07/12/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 3.98060 ILS

My targets

4.10293 ILS (+0.04237)

4.21065 ILS (+0.15009)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/ILS as long as the price remains well above 3.98060 ILS. The buyers' bullish objective is set at 4.10293 ILS. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.21065 ILS. If there is any crossing, the next objective would be the resistance located at 4.41752 ILS. 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

8.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/ILS price is 4.06056 ILS. The price is lower by -0.04% since the last closing and was traded between 4.03548 ILS and 4.06460 ILS over the period. The price is currently at +0.62% from its lowest and -0.10% from its highest.

4.03548

4.06460

4.06056

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EUR/ILS indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.68939	3.85450	4.04708	4.06056	4.10293	4.21065	4.41752
Change (%)	-9.14%	-5.07%	-0.33%	-	+1.04%	+3.70%	+8.79%
Change	-0.37117	-0.20606	-0.01348	-	+0.04237	+0.15009	+0.35696
Level	Major	Major	Major	-	Minor	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.99769	4.02025	4.04127	4.06383	4.08485	4.10741	4.12843
Camarilla	4.05032	4.05431	4.05831	4.06230	4.06630	4.07029	4.07429
Woodie	3.99693	4.01987	4.04051	4.06345	4.08409	4.10703	4.12767
Fibonacci	4.02025	4.03689	4.04718	4.06383	4.08047	4.09076	4.10741

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.95290	3.97769	4.01454	4.03933	4.07618	4.10097	4.13782
Camarilla	4.03444	4.04009	4.04574	4.05139	4.05704	4.06269	4.06834
Woodie	3.95893	3.98071	4.02057	4.04235	4.08221	4.10399	4.14385
Fibonacci	3.97769	4.00124	4.01578	4.03933	4.06288	4.07742	4.10097

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.67677	3.75626	3.90111	3.98060	4.12545	4.20494	4.34979
Camarilla	3.98426	4.00482	4.02539	4.04595	4.06652	4.08708	4.10764
Woodie	3.70944	3.77260	3.93378	3.99694	4.15812	4.22128	4.38246
Fibonacci	3.75626	3.84196	3.89491	3.98060	4.06630	4.11925	4.20494

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):	59.17
MACD (12,26,9):	0.0285
Directional Movement:	8.76744
AROON (14):	85.71428
DEMA (21):	4.04647
Parabolic SAR (0,02-0,02-0,2):	4.02308
Elder Ray (13):	0.02013
Super Trend (3,10):	3.93682
Zig ZAG (10):	4.04964
VORTEX (21):	1.1883
Stochastique (14,3,5):	88.14
TEMA (21):	4.06896
Williams %R (14):	-20.51
Chande Momentum Oscillator (20):	0.09461
Repulse (5,40,3):	-0.0817
ROCnROLL:	1
TRIX (15,9):	0.0756
Courbe Coppock:	5.31

MA7:	4.04971
MA20:	3.99976
MA50:	3.97897
MA100:	3.95295
MAexp7:	4.05096
MAexp20:	4.01355
MAexp50:	3.98172
MAexp100:	3.92775
Price / MA7:	+0.27%
Price / MA20:	+1.52%
Price / MA50:	+2.05%
Price / MA100:	+2.72%
Price / MAexp7:	+0.24%
Price / MAexp20:	+1.17%
Price / MAexp50:	+1.98%
Price / MAexp100:	+3.38%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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