EUR/USD - 1H - Technical analysis published on 06/21/2023 (GMT)
- 138
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
44%
11%
44%
My opinion
Neutral between 1.0907 USD and 1.0946 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.0946 USD. The first support is located at 1.0907 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by MagicMizrahi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD rating is 1.0918 USD. The price registered a decrease of -0.02% on the session and was between 1.0906 USD and 1.0934 USD. This implies that the price is at +0.11% from its lowest and at -0.15% from its highest.1.0906
1.0934
1.0918
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0784 | 1.0862 | 1.0907 | 1.0918 | 1.0946 | 1.0971 | 1.1011 |
| Change (%) | -1.23% | -0.51% | -0.10% | - | +0.26% | +0.49% | +0.85% |
| Change | -0.0134 | -0.0056 | -0.0011 | - | +0.0028 | +0.0053 | +0.0093 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0840 | 1.0867 | 1.0893 | 1.0920 | 1.0946 | 1.0973 | 1.0999 |
| Camarilla | 1.0905 | 1.0910 | 1.0915 | 1.0920 | 1.0925 | 1.0930 | 1.0935 |
| Woodie | 1.0841 | 1.0867 | 1.0894 | 1.0920 | 1.0947 | 1.0973 | 1.1000 |
| Fibonacci | 1.0867 | 1.0887 | 1.0899 | 1.0920 | 1.0940 | 1.0952 | 1.0973 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0552 | 1.0643 | 1.0790 | 1.0881 | 1.1028 | 1.1119 | 1.1266 |
| Camarilla | 1.0873 | 1.0894 | 1.0916 | 1.0938 | 1.0960 | 1.0982 | 1.1004 |
| Woodie | 1.0581 | 1.0657 | 1.0819 | 1.0895 | 1.1057 | 1.1133 | 1.1295 |
| Fibonacci | 1.0643 | 1.0734 | 1.0790 | 1.0881 | 1.0972 | 1.1028 | 1.1119 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0064 | 1.0350 | 1.0521 | 1.0807 | 1.0978 | 1.1264 | 1.1435 |
| Camarilla | 1.0567 | 1.0609 | 1.0651 | 1.0693 | 1.0735 | 1.0777 | 1.0819 |
| Woodie | 1.0008 | 1.0321 | 1.0465 | 1.0778 | 1.0922 | 1.1235 | 1.1379 |
| Fibonacci | 1.0350 | 1.0524 | 1.0632 | 1.0807 | 1.0981 | 1.1089 | 1.1264 |
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): | 52.23 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 3.8743 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.0916 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0902 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 1.0938 | |
| Zig ZAG (10): | 1.0921 | |
| VORTEX (21): | 1.1250 | |
| Stochastique (14,3,5): | 45.24 | |
| TEMA (21): | 1.0917 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | -0.0126 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0020 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.0897 | |
| MA20: | 1.0787 | |
| MA50: | 1.0880 | |
| MA100: | 1.0809 | |
| MAexp7: | 1.0918 | |
| MAexp20: | 1.0917 | |
| MAexp50: | 1.0918 | |
| MAexp100: | 1.0904 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +1.21% | |
| Price / MA50: | +0.35% | |
| Price / MA100: | +1.01% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.13% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
-
EUR/USD Technical Analysis for June 21, 2023 by FXEmpire
-
EUR/USD Technical Analysis for June 20, 2023 by FXEmpire
-
Weekly Technical Analysis: 19/06/2023 - GBPUSD, EURUSD, USDCHF
-
Technical Analysis: 19/06/2023 - EURUSD slices through 50-day SMA but advance pauses
-
RRG Reasearch | Technical update: Could EUR/USD break $1.11
This member declared not having a position on this financial instrument or a related financial instrument.
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