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%
0%
28%
My opinion
Bullish above 1.0964 USD
My targets
1.1021 USD (+0.0022)
1.1051 USD (+0.0052)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.0964 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1021 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1051 USD as an objective. Crossing it would then enable buyers to target 1.1108 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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Additional analysis
Quotes
The EUR/USD rating is 1.0999 USD. The price has increased by +0.06% since the last closing and was traded between 1.0980 USD and 1.1004 USD over the period. The price is currently at +0.17% from its lowest and -0.05% from its highest.1.0980
1.1004
1.0999
A study of price movements over other periods shows the following variations:
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 EUR/USD in 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 15 minutes
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0774 | 1.0862 | 1.0907 | 1.0999 | 1.1011 | 1.1561 | 1.1950 |
| Change (%) | -2.05% | -1.25% | -0.84% | - | +0.11% | +5.11% | +8.65% |
| Change | -0.0225 | -0.0137 | -0.0092 | - | +0.0012 | +0.0562 | +0.0951 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.64 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 9.6990 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 1.0993 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0987 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.0983 | |
| Zig ZAG (10): | 1.0999 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 56.94 | |
| TEMA (21): | 1.0994 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.0015 | |
| Repulse (5,40,3): | 0.0747 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0009 | |
| Courbe Coppock: | 0.13 |
| MA7: | 1.0937 | |
| MA20: | 1.0804 | |
| MA50: | 1.0880 | |
| MA100: | 1.0810 | |
| MAexp7: | 1.0995 | |
| MAexp20: | 1.0991 | |
| MAexp50: | 1.0986 | |
| MAexp100: | 1.0972 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +1.80% | |
| Price / MA50: | +1.09% | |
| Price / MA100: | +1.75% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.25% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
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EUR/USD Technical Analysis for June 22, 2023 by FXEmpire
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EUR/USD Technical Analysis for June 21, 2023 by FXEmpire
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EUR/USD Technical Analysis for June 20, 2023 by FXEmpire
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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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