EUR/ILS - Daily - Technical analysis published on 05/16/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 3.92602 ILS
My targets
4.07922 ILS (+0.07156)
4.12783 ILS (+0.12017)
My analysis
A bullish trend on EUR/ILS both in substance and in the short term. A purchase could be considered as long as the price remains above 3.92602 ILS. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 4.07922 ILS. Then the price could move towards 4.12783 ILS. Then 4.21065 ILS by extension. Be careful, a return below 3.92602 ILS would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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This analysis was given by Muhahaha. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/ILS rating is 4.00766 ILS. On the day, this instrument gained +0.31% with the lowest point at 3.98956 ILS and the highest point at 4.00910 ILS. The deviation from the price is +0.45% for the low point and -0.04% for the high point.3.98956
4.00910
4.00766
Here is a more detailed summary of the historical variations registered by EUR/ILS:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/ILS in Daily shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 3.68995 | 3.85450 | 3.92602 | 4.00766 | 4.00827 | 4.07922 | 4.12783 |
| Change (%) | -7.93% | -3.82% | -2.04% | - | +0.02% | +1.79% | +3.00% |
| Change | -0.31771 | -0.15316 | -0.08164 | - | +0.00061 | +0.07156 | +0.12017 |
| Level | Major | Major | Minor | - | Major | 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 | 3.94581 | 3.96191 | 3.97852 | 3.99462 | 4.01123 | 4.02733 | 4.04394 |
| Camarilla | 3.98614 | 3.98913 | 3.99213 | 3.99513 | 3.99813 | 4.00113 | 4.00413 |
| Woodie | 3.94607 | 3.96204 | 3.97878 | 3.99475 | 4.01149 | 4.02746 | 4.04420 |
| Fibonacci | 3.96191 | 3.97441 | 3.98213 | 3.99462 | 4.00712 | 4.01484 | 4.02733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.89089 | 3.92785 | 3.96550 | 4.00246 | 4.04011 | 4.07707 | 4.11472 |
| Camarilla | 3.98262 | 3.98946 | 3.99630 | 4.00314 | 4.00998 | 4.01682 | 4.02366 |
| Woodie | 3.89123 | 3.92802 | 3.96584 | 4.00263 | 4.04045 | 4.07724 | 4.11506 |
| Fibonacci | 3.92785 | 3.95635 | 3.97396 | 4.00246 | 4.03096 | 4.04857 | 4.07707 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.75658 | 3.84973 | 3.91826 | 4.01141 | 4.07994 | 4.17309 | 4.24162 |
| Camarilla | 3.94233 | 3.95715 | 3.97197 | 3.98679 | 4.00161 | 4.01643 | 4.03125 |
| Woodie | 3.74427 | 3.84358 | 3.90595 | 4.00526 | 4.06763 | 4.16694 | 4.22931 |
| Fibonacci | 3.84973 | 3.91149 | 3.94965 | 4.01141 | 4.07317 | 4.11133 | 4.17309 |
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): | 50.00 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -0.16430 | |
| AROON (14): | -14.28571 | |
| DEMA (21): | 4.00641 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.07396 | |
| Elder Ray (13): | -0.00596 | |
| Super Trend (3,10): | 3.93113 | |
| Zig ZAG (10): | 4.00572 | |
| VORTEX (21): | 1.0031 | |
| Stochastique (14,3,5): | 29.14 | |
| TEMA (21): | 3.99771 | |
| Williams %R (14): | -60.56 | |
| Chande Momentum Oscillator (20): | 0.01869 | |
| Repulse (5,40,3): | 0.1152 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 1.79 |
| MA7: | 4.00266 | |
| MA20: | 4.01257 | |
| MA50: | 3.99938 | |
| MA100: | 3.99099 | |
| MAexp7: | 4.00190 | |
| MAexp20: | 4.00573 | |
| MAexp50: | 3.99990 | |
| MAexp100: | 4.00340 | |
| Price / MA7: | +0.12% | |
| Price / MA20: | -0.12% | |
| Price / MA50: | +0.21% | |
| Price / MA100: | +0.42% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.11% |
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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