EUR/ILS - Weekly - Technical analysis published on 05/16/2024 (GMT)
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- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : IN PROGRESS...
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above
My targets
()
()
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 . Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be . Then the price could move towards . Then by extension. Be careful, a return below 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 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
6.1
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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 price is 4.00852 ILS. Over 5 days, this instrument lost -0.16% and has been traded over the last 5 days between 3.97801 ILS and 4.02923 ILS. This implies that the 5 day price is +0.77% from its lowest point and -0.51% from its highest point.3.97801
4.02923
4.00852
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
A technical analysis in Weekly of this EUR/ILS chart shows a bullish trend. 75.00% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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 : Weekly
Near support of channel
Type : Bullish
Timeframe : Weekly
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 | 4.00827 | 4.00852 | 4.12783 | 4.21065 | 4.31730 |
| Change (%) | -7.95% | -3.84% | -0.01% | - | +2.98% | +5.04% | +7.70% |
| Change | -0.31857 | -0.15402 | -0.00025 | - | +0.11931 | +0.20213 | +0.30878 |
| Level | Major | Major | Major | - | 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 | 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.38 | |
| MACD (12,26,9): | -0.0041 | |
| Directional Movement: | -0.15125 | |
| AROON (14): | 50.00000 | |
| DEMA (21): | 3.99418 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.92866 | |
| Elder Ray (13): | 0.00305 | |
| Super Trend (3,10): | 4.17637 | |
| Zig ZAG (10): | 4.01004 | |
| VORTEX (21): | 1.0125 | |
| Stochastique (14,3,5): | 60.51 | |
| TEMA (21): | 3.98699 | |
| Williams %R (14): | -35.63 | |
| Chande Momentum Oscillator (20): | 0.08174 | |
| Repulse (5,40,3): | 0.0239 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0576 | |
| Courbe Coppock: | 1.63 |
| MA7: | 4.00317 | |
| MA20: | 4.01274 | |
| MA50: | 3.99943 | |
| MA100: | 3.99102 | |
| MAexp7: | 4.00543 | |
| MAexp20: | 4.00281 | |
| MAexp50: | 3.98602 | |
| MAexp100: | 3.91857 | |
| Price / MA7: | +0.13% | |
| Price / MA20: | -0.11% | |
| Price / MA50: | +0.23% | |
| Price / MA100: | +0.44% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +2.30% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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