EUR/TRY - 1H - Technical analysis published on 01/12/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 36.3552 TRY
My targets
36.2475 TRY (-0.0500)
36.1808 TRY (-0.1167)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/TRY as long as the price remains well below 36.3552 TRY. The sellers' bearish objective is set at 36.2475 TRY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 36.1808 TRY. In case of crossing, the next objective would be the support located at 36.1198 TRY. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/TRY rating is 36.2975 TRY. The price registered an increase of +0.00% on the session and was traded between 36.2749 TRY and 36.3046 TRY over the period. The price is currently at +0.06% from its lowest and -0.02% from its highest.36.2749
36.3046
36.2975
Here is a more detailed summary of the historical variations registered by EUR/TRY:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EUR/TRY 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 36.1198 | 36.1808 | 36.2475 | 36.2975 | 36.3552 | 36.5334 | 36.6318 |
| Change (%) | -0.49% | -0.32% | -0.14% | - | +0.16% | +0.65% | +0.92% |
| Change | -0.1777 | -0.1167 | -0.0500 | - | +0.0577 | +0.2359 | +0.3343 |
| Level | Minor | Minor | Intermediate | - | 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 | 35.7890 | 35.9849 | 36.1417 | 36.3376 | 36.4944 | 36.6903 | 36.8471 |
| Camarilla | 36.2015 | 36.2338 | 36.2662 | 36.2985 | 36.3308 | 36.3632 | 36.3955 |
| Woodie | 35.7695 | 35.9751 | 36.1222 | 36.3278 | 36.4749 | 36.6805 | 36.8276 |
| Fibonacci | 35.9849 | 36.1196 | 36.2029 | 36.3376 | 36.4723 | 36.5556 | 36.6903 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.3154 | 35.7481 | 36.0233 | 36.4560 | 36.7312 | 37.1639 | 37.4391 |
| Camarilla | 36.1038 | 36.1687 | 36.2336 | 36.2985 | 36.3634 | 36.4283 | 36.4932 |
| Woodie | 35.2367 | 35.7087 | 35.9446 | 36.4166 | 36.6525 | 37.1245 | 37.3604 |
| Fibonacci | 35.7481 | 36.0185 | 36.1856 | 36.4560 | 36.7264 | 36.8935 | 37.1639 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.4815 | 35.8618 | 36.2300 | 36.6103 | 36.9785 | 37.3588 | 37.7270 |
| Camarilla | 36.3923 | 36.4609 | 36.5295 | 36.5981 | 36.6667 | 36.7353 | 36.8039 |
| Woodie | 35.4754 | 35.8588 | 36.2239 | 36.6073 | 36.9724 | 37.3558 | 37.7209 |
| Fibonacci | 35.8618 | 36.1478 | 36.3244 | 36.6103 | 36.8963 | 37.0729 | 37.3588 |
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): | 40.71 | |
| MACD (12,26,9): | -0.0397 | |
| Directional Movement: | -14.2943 | |
| AROON (14): | 0 | |
| DEMA (21): | 36.2914 | |
| Parabolic SAR (0,02-0,02-0,2): | 36.4632 | |
| Elder Ray (13): | -0.0243 | |
| Super Trend (3,10): | 36.4637 | |
| Zig ZAG (10): | 36.3046 | |
| VORTEX (21): | 0.8793 | |
| Stochastique (14,3,5): | 31.97 | |
| TEMA (21): | 36.2686 | |
| Williams %R (14): | -67.16 | |
| Chande Momentum Oscillator (20): | -0.2022 | |
| Repulse (5,40,3): | 0.0248 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0134 | |
| Courbe Coppock: | 0.96 |
| MA7: | 36.4491 | |
| MA20: | 36.5510 | |
| MA50: | 36.5905 | |
| MA100: | 37.0999 | |
| MAexp7: | 36.2935 | |
| MAexp20: | 36.3391 | |
| MAexp50: | 36.3971 | |
| MAexp100: | 36.4535 | |
| Price / MA7: | -0.42% | |
| Price / MA20: | -0.69% | |
| Price / MA50: | -0.80% | |
| Price / MA100: | -2.16% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.43% |
Quotes :
-
Real time data
-
Forex
News
The last news published on EUR/TRY at the time of the generation of this analysis was as follows:
Weekly Technical Analysis: 15/05/2023 - EURUSD, EURTRY, USDJPYThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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