EUR/ILS

- ILS (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURILS
ISIN:

EUR/ILS - Daily - Technical analysis published on 05/16/2024 (GMT)

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05/16/2024 - 13:13
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Londinia

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Timeframe : Daily
- Analysis generated on 05/16/2024 - 13:13
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

50%

17%

33%

My opinion

Bullish above 3.92602 ILS

My targets

4.07922 ILS (+0.07011)

4.12783 ILS (+0.11872)

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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.9

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 Muhahaha. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/ILS rating is 4.00911 ILS. The price registered an increase of +0.35% on the session and was between 3.98956 ILS and 4.01481 ILS. This implies that the price is at +0.49% from its lowest and at -0.14% from its highest.

3.98956

4.01481

4.00911

Here is a more detailed summary of the historical variations registered by EUR/ILS:

The Central Records scanner for higher/lower results shows the following items:

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. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

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

The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

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

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.85450	3.92602	4.00827	4.00911	4.07922	4.12783	4.21065
Change (%)	-3.86%	-2.07%	-0.02%	-	+1.75%	+2.96%	+5.03%
Change	-0.15461	-0.08309	-0.00084	-	+0.07011	+0.11872	+0.20154
Level	Major	Minor	Major	-	Intermediate	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	51.00
MACD (12,26,9):	-0.0008
Directional Movement:	0.50535
AROON (14):	-14.28571
DEMA (21):	4.00705
Parabolic SAR (0,02-0,02-0,2):	4.07396
Elder Ray (13):	-0.00275
Super Trend (3,10):	3.93113
Zig ZAG (10):	4.01004
VORTEX (21):	1.0031
Stochastique (14,3,5):	30.54
TEMA (21):	3.99888
Williams %R (14):	-56.25
Chande Momentum Oscillator (20):	0.02325
Repulse (5,40,3):	0.2218
ROCnROLL:	1
TRIX (15,9):	0.0052
Courbe Coppock:	1.75

MA7:	4.00317
MA20:	4.01274
MA50:	3.99944
MA100:	3.99102
MAexp7:	4.00278
MAexp20:	4.00603
MAexp50:	4.00009
MAexp100:	4.00350
Price / MA7:	+0.15%
Price / MA20:	-0.09%
Price / MA50:	+0.24%
Price / MA100:	+0.45%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.08%
Price / MAexp50:	+0.23%
Price / MAexp100:	+0.14%

Quotes : 05/16/2024 - 13:13 - Real time data - Forex

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

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