FRAX - FRAX/USD - 1H - Technical analysis published on 04/20/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.999241 USD
My targets
0.997252 USD (-0.15%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FRAX - FRAX/USD as long as the price remains well below 0.999241 USD. The sellers' bearish objective is set at 0.997252 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
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 FRAX - FRAX/USD price is 0.998785 USD. The price registered a decrease of -0.09% on the session with the lowest point at 0.998223 USD and the highest point at 0.999927 USD. The deviation from the price is +0.06% for the low point and -0.11% for the high point.0.998223
0.999927
0.998785
A study of price movements over other periods shows the following variations:
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 this 1H chart of FRAX - FRAX/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point (Daily)
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.995332 | 0.997252 | 0.998490 | 0.998785 | 0.998874 | 0.999241 | 0.999538 |
| Change (%) | -0.35% | -0.15% | -0.03% | - | +0.01% | +0.05% | +0.08% |
| Change | -0.003453 | -0.001533 | -0.000295 | - | +0.000089 | +0.000456 | +0.000753 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Minor |
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 | 0.997200 | 0.997737 | 0.998704 | 0.999241 | 1.000208 | 1.000745 | 1.001712 |
| Camarilla | 0.999257 | 0.999395 | 0.999533 | 0.999671 | 0.999809 | 0.999947 | 1.000085 |
| Woodie | 0.997415 | 0.997845 | 0.998919 | 0.999349 | 1.000423 | 1.000853 | 1.001927 |
| Fibonacci | 0.997737 | 0.998312 | 0.998667 | 0.999241 | 0.999816 | 1.000171 | 1.000745 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.996891 | 0.997582 | 0.998627 | 0.999318 | 1.000363 | 1.001054 | 1.002099 |
| Camarilla | 0.999194 | 0.999353 | 0.999512 | 0.999671 | 0.999830 | 0.999989 | 1.000148 |
| Woodie | 0.997067 | 0.997671 | 0.998803 | 0.999407 | 1.000539 | 1.001143 | 1.002275 |
| Fibonacci | 0.997582 | 0.998246 | 0.998655 | 0.999318 | 0.999982 | 1.000391 | 1.001054 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.988921 | 0.991603 | 0.995046 | 0.997728 | 1.001171 | 1.003853 | 1.007296 |
| Camarilla | 0.996806 | 0.997367 | 0.997929 | 0.998490 | 0.999052 | 0.999613 | 1.000174 |
| Woodie | 0.989303 | 0.991793 | 0.995428 | 0.997918 | 1.001553 | 1.004043 | 1.007678 |
| Fibonacci | 0.991603 | 0.993942 | 0.995388 | 0.997728 | 1.000067 | 1.001513 | 1.003853 |
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): | 47.71 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -18.747421 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.999107 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.999833 | |
| Elder Ray (13): | -0.000072 | |
| Super Trend (3,10): | 0.999920 | |
| Zig ZAG (10): | 0.999100 | |
| VORTEX (21): | 0.9746 | |
| Stochastique (14,3,5): | 39.22 | |
| TEMA (21): | 0.998933 | |
| Williams %R (14): | -58.82 | |
| Chande Momentum Oscillator (20): | -0.000800 | |
| Repulse (5,40,3): | -0.0694 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0009 | |
| Courbe Coppock: | 0.12 |
| MA7: | 0.999514 | |
| MA20: | 0.999365 | |
| MA50: | 0.998674 | |
| MA100: | 0.997477 | |
| MAexp7: | 0.998997 | |
| MAexp20: | 0.999254 | |
| MAexp50: | 0.999372 | |
| MAexp100: | 0.999444 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | -0.06% | |
| Price / MA50: | +0.01% | |
| Price / MA100: | +0.13% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.07% |
Quotes :
-
Real time data
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CoinMarketCap
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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