EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 03/21/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 1.1020 USD
My targets
1.1072 USD (+0.0022)
1.1095 USD (+0.0045)
My analysis
A bullish trend on EUR/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 1.1020 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.1072 USD. Then the price could move towards 1.1095 USD. Then 1.1121 USD by extension. Be careful, a return below 1.1020 USD 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.2

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 TheFuss. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/USD rating 1.1050 USD. The price registered an increase of +0.01% on the session and was between 1.1035 USD and 1.1063 USD. This implies that the price is at +0.14% from its lowest and at -0.12% from its highest.

1.1035
1.1063
1.1050

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUR/USD chart shows a bullish trend. 75.00% 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. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0926 1.0976 1.1020 1.1050 1.1052 1.1072 1.1095
Change (%) -1.12% -0.67% -0.27% - +0.02% +0.20% +0.41%
Change -0.0124 -0.0074 -0.0030 - +0.0002 +0.0022 +0.0045
Level Minor Minor Intermediate - Minor Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.08791.09411.09951.10571.11111.11731.1227
Camarilla1.10171.10281.10381.10491.10601.10701.1081
Woodie1.08751.09391.09911.10551.11071.11711.1223
Fibonacci1.09411.09851.10131.10571.11011.11291.1173


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06821.07911.09201.10291.11581.12671.1396
Camarilla1.09841.10051.10271.10491.10711.10931.1115
Woodie1.06921.07961.09301.10341.11681.12721.1406
Fibonacci1.07911.08821.09381.10291.11201.11761.1267


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06601.08831.10491.12721.14381.16611.1827
Camarilla1.11081.11441.11791.12151.12511.12861.1322
Woodie1.06321.08691.10211.12581.14101.16471.1799
Fibonacci1.08831.10321.11231.12721.14211.15121.1661

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): 51.43
MACD (12,26,9): -0.0003
Directional Movement: 7.5086
AROON (14): -64.2857
DEMA (21): 1.1043
Parabolic SAR (0,02-0,02-0,2): 1.1071
Elder Ray (13): 0.0010
Super Trend (3,10): 1.1072
Zig ZAG (10): 1.1049
VORTEX (21): 1.1131
Stochastique (14,3,5): 38.10
TEMA (21): 1.1040
Williams %R (14): -57.14
Chande Momentum Oscillator (20): -0.0002
Repulse (5,40,3): -0.0383
ROCnROLL: 1
TRIX (15,9): -0.0069
Courbe Coppock: 0.06
MA7: 1.1006
MA20: 1.1072
MA50: 1.1236
MA100: 1.1291
MAexp7: 1.1046
MAexp20: 1.1048
MAexp50: 1.1048
MAexp100: 1.1031
Price / MA7: +0.40%
Price / MA20: -0.20%
Price / MA50: -1.66%
Price / MA100: -2.13%
Price / MAexp7: +0.04%
Price / MAexp20: +0.02%
Price / MAexp50: +0.02%
Price / MAexp100: +0.17%

Quotes : - Real time data - Forex

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

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