EUR/USD - 15 min. - Technical analysis published on 06/22/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.0964 USD
My targets
1.1021 USD (+0.0029)
1.1051 USD (+0.0059)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.0964 USD. The buyers' bullish objective is set at 1.1021 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1051 USD. If there is any crossing, the next objective would be the resistance located at 1.1108 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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Additional analysis
Quotes
The EUR/USD rating is 1.0992 USD. On the day, this instrument gained +0.00% and was traded between 1.0986 USD and 1.0995 USD over the period. The price is currently at +0.05% from its lowest and -0.03% from its highest.1.0986
1.0995
1.0992
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
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/USD indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
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 | 1.0774 | 1.0862 | 1.0907 | 1.0992 | 1.1011 | 1.1561 | 1.1950 |
| Change (%) | -1.98% | -1.18% | -0.77% | - | +0.17% | +5.18% | +8.72% |
| Change | -0.0218 | -0.0130 | -0.0085 | - | +0.0019 | +0.0569 | +0.0958 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0847 | 1.0877 | 1.0934 | 1.0964 | 1.1021 | 1.1051 | 1.1108 |
| Camarilla | 1.0968 | 1.0976 | 1.0984 | 1.0992 | 1.1000 | 1.1008 | 1.1016 |
| Woodie | 1.0862 | 1.0884 | 1.0949 | 1.0971 | 1.1036 | 1.1058 | 1.1123 |
| Fibonacci | 1.0877 | 1.0910 | 1.0930 | 1.0964 | 1.0997 | 1.1017 | 1.1051 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 70.38 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 15.1026 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.0996 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0986 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 1.0982 | |
| Zig ZAG (10): | 1.0994 | |
| VORTEX (21): | 1.0571 | |
| Stochastique (14,3,5): | 89.26 | |
| TEMA (21): | 1.0992 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.0004 | |
| Repulse (5,40,3): | 0.0246 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0072 | |
| Courbe Coppock: | 0.08 |
| MA7: | 1.0937 | |
| MA20: | 1.0804 | |
| MA50: | 1.0880 | |
| MA100: | 1.0810 | |
| MAexp7: | 1.0992 | |
| MAexp20: | 1.0988 | |
| MAexp50: | 1.0974 | |
| MAexp100: | 1.0957 | |
| Price / MA7: | +0.50% | |
| Price / MA20: | +1.74% | |
| Price / MA50: | +1.03% | |
| Price / MA100: | +1.68% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.32% |
Quotes :
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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:
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EUR/USD Technical Analysis for June 22, 2023 by FXEmpire
-
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
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Technical Analysis: 19/06/2023 - EURUSD slices through 50-day SMA but advance pauses
This member declared not having a position on this financial instrument or a related financial instrument.
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