EUR/RUB - 1H - Technical analysis published on 05/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : CANCELLED
EUR/RUB Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 82.9432 RUB
My targets
83.2028 RUB (+0.1089)
85.6674 RUB (+2.5735)
My analysis
The bullish trend is currently very strong on EUR/RUB. As long as the price remains above the support at 82.9432 RUB, you could try to benefit from the boom. The first bullish objective is located at 83.2028 RUB. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 85.6674 RUB as an objective. Crossing it would then enable buyers to target 87.6409 RUB. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
0
10
6.3
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This analysis was given by Londinia.
Additional analysis
Quotes
The EUR/RUB rating is 83.0939 RUB. On the day, this instrument lost -0.08% and was between 82.7307 RUB and 85.5015 RUB. This implies that the price is at +0.44% from its lowest and at -2.82% from its highest.82.7307
85.5015
83.0939
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this EUR/RUB chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 78.8837 | 81.8719 | 83.0710 | 83.0939 | 85.6674 | 87.6409 | 90.2647 |
| Change (%) | -5.07% | -1.47% | -0.03% | - | +3.10% | +5.47% | +8.63% |
| Change | -4.2102 | -1.2220 | -0.0229 | - | +2.5735 | +4.5470 | +7.1708 |
| Level | Major | Major | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.8921 | 80.5564 | 81.8582 | 82.5225 | 83.8243 | 84.4886 | 85.7904 |
| Camarilla | 82.6192 | 82.7995 | 82.9797 | 83.1599 | 83.3401 | 83.5204 | 83.7006 |
| Woodie | 80.2108 | 80.7158 | 82.1769 | 82.6819 | 84.1430 | 84.6480 | 86.1091 |
| Fibonacci | 80.5564 | 81.3075 | 81.7715 | 82.5225 | 83.2736 | 83.7376 | 84.4886 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.6165 | 75.0546 | 78.7647 | 83.2028 | 86.9129 | 91.3510 | 95.0611 |
| Camarilla | 80.2341 | 80.9810 | 81.7279 | 82.4748 | 83.2217 | 83.9686 | 84.7156 |
| Woodie | 70.2525 | 74.8726 | 78.4007 | 83.0208 | 86.5489 | 91.1690 | 94.6971 |
| Fibonacci | 75.0546 | 78.1672 | 80.0902 | 83.2028 | 86.3154 | 88.2384 | 91.3510 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.9528 | 70.5082 | 74.9480 | 78.5034 | 82.9432 | 86.4986 | 90.9384 |
| Camarilla | 77.1892 | 77.9221 | 78.6550 | 79.3879 | 80.1208 | 80.8537 | 81.5866 |
| Woodie | 67.3951 | 70.7293 | 75.3903 | 78.7245 | 83.3855 | 86.7197 | 91.3807 |
| Fibonacci | 70.5082 | 73.5623 | 75.4492 | 78.5034 | 81.5575 | 83.4444 | 86.4986 |
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): | 55.18 | |
| MACD (12,26,9): | 0.0617 | |
| Directional Movement: | 7.1665 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 83.0068 | |
| Parabolic SAR (0,02-0,02-0,2): | 82.0485 | |
| Elder Ray (13): | 0.1507 | |
| Super Trend (3,10): | 83.4991 | |
| Zig ZAG (10): | 83.0939 | |
| VORTEX (21): | 0.9668 | |
| Stochastique (14,3,5): | 39.58 | |
| TEMA (21): | 83.0841 | |
| Williams %R (14): | -56.24 | |
| Chande Momentum Oscillator (20): | 0.3372 | |
| Repulse (5,40,3): | -1.7006 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0085 | |
| Courbe Coppock: | 0.68 |
| MA7: | 82.8464 | |
| MA20: | 81.4184 | |
| MA50: | 79.3047 | |
| MA100: | 74.0306 | |
| MAexp7: | 83.0112 | |
| MAexp20: | 82.9400 | |
| MAexp50: | 82.8768 | |
| MAexp100: | 82.6083 | |
| Price / MA7: | +0.30% | |
| Price / MA20: | +2.06% | |
| Price / MA50: | +4.78% | |
| Price / MA100: | +12.24% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.26% | |
| Price / MAexp100: | +0.59% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on EUR/RUB at the time of the analysis were as follows:
EUR/RUBThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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