EUR/USD - 15 min. - Technical analysis published on 07/20/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1.1173 USD
My targets
1.1107 USD (-0.0021)
1.1069 USD (-0.0059)
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 1.1173 USD. The sellers' bearish objective is set at 1.1107 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1069 USD. In case of crossing, the next objective would be the support located at 1.1027 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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This analysis was given by MagicMizrahi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1128 USD. The price registered a decrease of -0.69% on the session and was between 1.1118 USD and 1.1229 USD. This implies that the price is at +0.09% from its lowest and at -0.90% from its highest.1.1118
1.1229
1.1128
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a 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. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.0943 | 1.1027 | 1.1069 | 1.1128 | 1.1129 | 1.1204 | 1.1242 |
| Change (%) | -1.66% | -0.91% | -0.53% | - | +0.01% | +0.68% | +1.02% |
| Change | -0.0185 | -0.0101 | -0.0059 | - | +0.0001 | +0.0076 | +0.0114 |
| Level | Minor | Minor | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1107 | 1.1140 | 1.1173 | 1.1206 | 1.1239 | 1.1272 | 1.1305 |
| Camarilla | 1.1187 | 1.1193 | 1.1199 | 1.1205 | 1.1211 | 1.1217 | 1.1223 |
| Woodie | 1.1106 | 1.1140 | 1.1172 | 1.1206 | 1.1238 | 1.1272 | 1.1304 |
| Fibonacci | 1.1140 | 1.1166 | 1.1181 | 1.1206 | 1.1232 | 1.1247 | 1.1272 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0730 | 1.0836 | 1.1032 | 1.1138 | 1.1334 | 1.1440 | 1.1636 |
| Camarilla | 1.1144 | 1.1172 | 1.1199 | 1.1227 | 1.1255 | 1.1282 | 1.1310 |
| Woodie | 1.0774 | 1.0859 | 1.1076 | 1.1161 | 1.1378 | 1.1463 | 1.1680 |
| Fibonacci | 1.0836 | 1.0952 | 1.1023 | 1.1138 | 1.1254 | 1.1325 | 1.1440 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0362 | 1.0512 | 1.0712 | 1.0862 | 1.1062 | 1.1212 | 1.1412 |
| Camarilla | 1.0816 | 1.0848 | 1.0880 | 1.0912 | 1.0944 | 1.0976 | 1.1008 |
| Woodie | 1.0387 | 1.0525 | 1.0737 | 1.0875 | 1.1087 | 1.1225 | 1.1437 |
| Fibonacci | 1.0512 | 1.0646 | 1.0728 | 1.0862 | 1.0996 | 1.1078 | 1.1212 |
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): | 30.96 | |
| MACD (12,26,9): | -0.0016 | |
| Directional Movement: | -25.4335 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 1.1119 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1120 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 1.1146 | |
| Zig ZAG (10): | 1.1125 | |
| VORTEX (21): | 0.6936 | |
| Stochastique (14,3,5): | 23.57 | |
| TEMA (21): | 1.1117 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.0010 | |
| Repulse (5,40,3): | -0.0033 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0229 | |
| Courbe Coppock: | 0.45 |
| MA7: | 1.1198 | |
| MA20: | 1.1018 | |
| MA50: | 1.0889 | |
| MA100: | 1.0879 | |
| MAexp7: | 1.1128 | |
| MAexp20: | 1.1140 | |
| MAexp50: | 1.1166 | |
| MAexp100: | 1.1185 | |
| Price / MA7: | -0.63% | |
| Price / MA20: | +1.00% | |
| Price / MA50: | +2.19% | |
| Price / MA100: | +2.29% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.11% | |
| Price / MAexp50: | -0.34% | |
| Price / MAexp100: | -0.51% |
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 Forecast July 21, 2023
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EUR/USD Technical Analysis for July 21, 2023 by FXEmpire
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EUR/USD Forecast July 20, 2023
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EUR/USD Technical Analysis for July 20, 2023 by FXEmpire
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EUR/USD Forecast July 19, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
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