EURO TETHER - EURT/USD
EURTUSD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: EURTUSD
ISIN:

EURO TETHER - EURT/USD - 1H - Technical analysis published on 10/15/2024 (GMT)

  • 89
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Neutral
Technical indicators
22%
28%
50%
My opinion
Neutral between 1.07 USD and 1.09 USD
My targets
-
My analysis
There is no clear trend on EURO TETHER - EURT/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 1.09 USD. The first support is located at 1.07 USD.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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:
Daily Weekly

Additional analysis

Quotes

EURO TETHER - EURT/USD rating 1.08 USD. The price is lower by -0.92% since the last closing and was traded between 1.07 USD and 1.09 USD over the period. The price is currently at +0.93% from its lowest and -0.92% from its highest.

1.07
1.09
1.08

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EURO TETHER - EURT/USD in 1H shows a neutral overall trend. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.06 1.07 1.08 1.08 1.09 1.10 1.11
Change (%) -1.85% -0.93% 0% - +0.93% +1.85% +2.78%
Change -0.02 -0.01 0 - +0.01 +0.02 +0.03
Level Major Major Intermediate - Major Intermediate Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.061.061.081.081.101.101.12
Camarilla1.091.091.091.091.091.091.10
Woodie1.061.071.081.091.101.111.12
Fibonacci1.061.071.081.081.091.101.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.041.061.071.091.101.121.13
Camarilla1.081.091.091.091.091.101.10
Woodie1.051.061.081.091.111.121.14
Fibonacci1.061.071.081.091.101.111.12


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.981.011.061.091.141.171.22
Camarilla1.091.101.101.111.121.131.13
Woodie0.991.021.071.101.151.181.23
Fibonacci1.011.041.061.091.121.141.17

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): 49.32
MACD (12,26,9): 0.0000
Directional Movement: -15.61
AROON (14): 50.00
DEMA (21): 1.08
Parabolic SAR (0,02-0,02-0,2): 1.07
Elder Ray (13): -0
Super Trend (3,10): 1.10
Zig ZAG (10): 1.08
VORTEX (21): 0.6600
Stochastique (14,3,5): 44.68
TEMA (21): 1.08
Williams %R (14): -49.24
Chande Momentum Oscillator (20): -0.01
Repulse (5,40,3): -0.6400
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.80
MA7: 1.08
MA20: 1.09
MA50: 1.09
MA100: 1.08
MAexp7: 1.08
MAexp20: 1.08
MAexp50: 1.08
MAexp100: 1.09
Price / MA7: -0%
Price / MA20: -0.92%
Price / MA50: -0.92%
Price / MA100: -0%
Price / MAexp7: -0%
Price / MAexp20: -0%
Price / MAexp50: -0%
Price / MAexp100: -0.92%

Quotes : - Real time data - Cryptocompare

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

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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