EUR/USD - 15 min. - Technical analysis published on 05/24/2021 (GMT)
- 184
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.2194 USD
My targets
1.2147 USD (-0.0033)
1.2115 USD (-0.0065)
My analysis
There is a bearish trend on EUR/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.2194 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.2147 USD. Then the price could move towards 1.2115 USD. Then 1.2068 USD by extension. Be careful, a return to above the resistance 1.2194 USD would be a sign of a weakening of the trend and a possible rebound 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 is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.4
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 Meeko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.2180 USD. The price has increased by +0.00% since the last closing with the lowest point at 1.2172 USD and the highest point at 1.2188 USD. The deviation from the price is +0.07% for the low point and -0.07% for the high point.1.2172
1.2188
1.2180
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/USD indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.2126 | 1.2161 | 1.2177 | 1.2180 | 1.2198 | 1.2240 | 1.2261 |
| Change (%) | -0.44% | -0.16% | -0.02% | - | +0.15% | +0.49% | +0.67% |
| Change | -0.0054 | -0.0019 | -0.0003 | - | +0.0018 | +0.0060 | +0.0081 |
| Level | Minor | Major | Intermediate | - | Minor | Major | Minor |
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 | 1.2068 | 1.2115 | 1.2147 | 1.2194 | 1.2226 | 1.2273 | 1.2305 |
| Camarilla | 1.2158 | 1.2166 | 1.2173 | 1.2180 | 1.2187 | 1.2195 | 1.2202 |
| Woodie | 1.2062 | 1.2111 | 1.2141 | 1.2190 | 1.2220 | 1.2269 | 1.2299 |
| Fibonacci | 1.2115 | 1.2145 | 1.2164 | 1.2194 | 1.2224 | 1.2243 | 1.2273 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.2003 | 1.2065 | 1.2122 | 1.2184 | 1.2241 | 1.2303 | 1.2360 |
| Camarilla | 1.2147 | 1.2158 | 1.2169 | 1.2180 | 1.2191 | 1.2202 | 1.2213 |
| Woodie | 1.2002 | 1.2064 | 1.2121 | 1.2183 | 1.2240 | 1.2302 | 1.2359 |
| Fibonacci | 1.2065 | 1.2110 | 1.2138 | 1.2184 | 1.2229 | 1.2257 | 1.2303 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1335 | 1.1524 | 1.1772 | 1.1961 | 1.2209 | 1.2398 | 1.2646 |
| Camarilla | 1.1900 | 1.1940 | 1.1980 | 1.2020 | 1.2060 | 1.2100 | 1.2140 |
| Woodie | 1.1365 | 1.1539 | 1.1802 | 1.1976 | 1.2239 | 1.2413 | 1.2676 |
| Fibonacci | 1.1524 | 1.1691 | 1.1794 | 1.1961 | 1.2128 | 1.2231 | 1.2398 |
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): | 47.91 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.7847 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.2180 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.2187 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.2191 | |
| Zig ZAG (10): | 1.2180 | |
| VORTEX (21): | 1.0577 | |
| Stochastique (14,3,5): | 30.77 | |
| TEMA (21): | 1.2181 | |
| Williams %R (14): | -69.23 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 0.0189 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0001 | |
| Courbe Coppock: | 0.02 |
| MA7: | 1.2182 | |
| MA20: | 1.2120 | |
| MA50: | 1.1990 | |
| MA100: | 1.2042 | |
| MAexp7: | 1.2180 | |
| MAexp20: | 1.2181 | |
| MAexp50: | 1.2184 | |
| MAexp100: | 1.2191 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | +0.50% | |
| Price / MA50: | +1.58% | |
| Price / MA100: | +1.15% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.09% |
Quotes :
-
Real time data
-
Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
-
EUR/USD and GBP/USD Forecast May 24, 2021
-
EUR/USD Technical Analysis for the Week of May 24, 2021 by FXEmpire
-
EUR/USD Technical Analysis for May 24, 2021 by FXEmpire
-
EUR/USD Daily Forecast - Euro Attempts To Gain More Ground Against U.S. Dollar
-
EUR/USD and GBP/USD Forecast May 21, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis EUR/USD - 15 min.