EUR/USD - 15 min. - Technical analysis published on 11/05/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 1.1567 USD
My targets
1.1516 USD (-0.0011)
1.1478 USD (-0.0049)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/USD as long as the price remains well below 1.1567 USD. The sellers' bearish objective is set at 1.1516 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1478 USD. In case of crossing, the next objective would be the support located at 1.1427 USD. 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
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Additional analysis
Quotes
EUR/USD rating 1.1527 USD. The price is lower by -0.24% since the last closing and was traded between 1.1515 USD and 1.1564 USD over the period. The price is currently at +0.10% from its lowest and -0.32% from its highest.1.1515
1.1564
1.1527
Here is a more detailed summary of the historical variations registered by EUR/USD:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/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 currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide 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
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Support of triangle is broken
Type : Bearish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Long black line
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0899 | 1.1216 | 1.1524 | 1.1527 | 1.1562 | 1.1585 | 1.1617 |
| Change (%) | -5.45% | -2.70% | -0.03% | - | +0.30% | +0.50% | +0.78% |
| Change | -0.0628 | -0.0311 | -0.0003 | - | +0.0035 | +0.0058 | +0.0090 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Major |
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 | 1.1427 | 1.1478 | 1.1516 | 1.1567 | 1.1605 | 1.1656 | 1.1694 |
| Camarilla | 1.1531 | 1.1539 | 1.1547 | 1.1555 | 1.1563 | 1.1571 | 1.1580 |
| Woodie | 1.1422 | 1.1475 | 1.1511 | 1.1564 | 1.1600 | 1.1653 | 1.1689 |
| Fibonacci | 1.1478 | 1.1512 | 1.1533 | 1.1567 | 1.1601 | 1.1622 | 1.1656 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1342 | 1.1439 | 1.1499 | 1.1596 | 1.1656 | 1.1753 | 1.1813 |
| Camarilla | 1.1517 | 1.1531 | 1.1546 | 1.1560 | 1.1574 | 1.1589 | 1.1603 |
| Woodie | 1.1325 | 1.1430 | 1.1482 | 1.1587 | 1.1639 | 1.1744 | 1.1796 |
| Fibonacci | 1.1439 | 1.1499 | 1.1536 | 1.1596 | 1.1656 | 1.1693 | 1.1753 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1324 | 1.1424 | 1.1492 | 1.1592 | 1.1660 | 1.1760 | 1.1828 |
| Camarilla | 1.1514 | 1.1529 | 1.1545 | 1.1560 | 1.1575 | 1.1591 | 1.1606 |
| Woodie | 1.1308 | 1.1416 | 1.1476 | 1.1584 | 1.1644 | 1.1752 | 1.1812 |
| Fibonacci | 1.1424 | 1.1488 | 1.1528 | 1.1592 | 1.1656 | 1.1696 | 1.1760 |
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): | 31.23 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -22.6490 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 1.1531 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1541 | |
| Elder Ray (13): | -0.0009 | |
| Super Trend (3,10): | 1.1550 | |
| Zig ZAG (10): | 1.1530 | |
| VORTEX (21): | 0.7643 | |
| Stochastique (14,3,5): | 41.31 | |
| TEMA (21): | 1.1528 | |
| Williams %R (14): | -53.33 | |
| Chande Momentum Oscillator (20): | -0.0013 | |
| Repulse (5,40,3): | -0.0032 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0061 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.1588 | |
| MA20: | 1.1598 | |
| MA50: | 1.1678 | |
| MA100: | 1.1747 | |
| MAexp7: | 1.1531 | |
| MAexp20: | 1.1537 | |
| MAexp50: | 1.1545 | |
| MAexp100: | 1.1551 | |
| Price / MA7: | -0.53% | |
| Price / MA20: | -0.61% | |
| Price / MA50: | -1.29% | |
| Price / MA100: | -1.87% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.16% | |
| Price / MAexp100: | -0.21% |
Quotes :
-
Real time data
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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 November 5, 2021
-
EUR/USD Technical Analysis for November 04, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast November 3, 2021
-
EUR/USD Technical Analysis for November 03, 2021 by FXEmpire
-
EUR/USD and GBP/USD Forecast November 2, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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