EUR/USD - 15 min. - Technical analysis published on 11/22/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.0927 USD
My targets
1.0862 USD (-0.0016)
1.0825 USD (-0.0053)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.0927 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0862 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0825 USD as an objective. Crossing it would then enable sellers to target 1.0692 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7
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Additional analysis
Quotes
The EUR/USD rating is 1.0878 USD. The price is lower by -0.36% since the last closing with the lowest point at 1.0871 USD and the highest point at 1.0923 USD. The deviation from the price is +0.06% for the low point and -0.41% for the high point.1.0871
1.0923
1.0878
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
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 EUR/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.0692 | 1.0830 | 1.0856 | 1.0878 | 1.0897 | 1.0928 | 1.0964 |
| Change (%) | -1.71% | -0.44% | -0.20% | - | +0.17% | +0.46% | +0.79% |
| Change | -0.0186 | -0.0048 | -0.0022 | - | +0.0019 | +0.0050 | +0.0086 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate | Major |
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 | 1.0825 | 1.0862 | 1.0890 | 1.0927 | 1.0955 | 1.0992 | 1.1020 |
| Camarilla | 1.0899 | 1.0905 | 1.0911 | 1.0917 | 1.0923 | 1.0929 | 1.0935 |
| Woodie | 1.0820 | 1.0860 | 1.0885 | 1.0925 | 1.0950 | 1.0990 | 1.1015 |
| Fibonacci | 1.0862 | 1.0887 | 1.0903 | 1.0927 | 1.0952 | 1.0968 | 1.0992 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0492 | 1.0579 | 1.0743 | 1.0830 | 1.0994 | 1.1081 | 1.1245 |
| Camarilla | 1.0839 | 1.0862 | 1.0885 | 1.0908 | 1.0931 | 1.0954 | 1.0977 |
| Woodie | 1.0532 | 1.0598 | 1.0783 | 1.0849 | 1.1034 | 1.1100 | 1.1285 |
| Fibonacci | 1.0579 | 1.0675 | 1.0734 | 1.0830 | 1.0926 | 1.0985 | 1.1081 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0207 | 1.0327 | 1.0453 | 1.0573 | 1.0699 | 1.0819 | 1.0945 |
| Camarilla | 1.0510 | 1.0533 | 1.0556 | 1.0578 | 1.0601 | 1.0623 | 1.0646 |
| Woodie | 1.0209 | 1.0329 | 1.0455 | 1.0575 | 1.0701 | 1.0821 | 1.0947 |
| Fibonacci | 1.0327 | 1.0421 | 1.0479 | 1.0573 | 1.0667 | 1.0725 | 1.0819 |
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): | 42.22 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -1.3406 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 1.0899 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0917 | |
| Elder Ray (13): | -0.0011 | |
| Super Trend (3,10): | 1.0921 | |
| Zig ZAG (10): | 1.0883 | |
| VORTEX (21): | 0.9854 | |
| Stochastique (14,3,5): | 15.05 | |
| TEMA (21): | 1.0899 | |
| Williams %R (14): | -89.74 | |
| Chande Momentum Oscillator (20): | -0.0019 | |
| Repulse (5,40,3): | -0.1986 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0011 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.0891 | |
| MA20: | 1.0733 | |
| MA50: | 1.0644 | |
| MA100: | 1.0793 | |
| MAexp7: | 1.0896 | |
| MAexp20: | 1.0903 | |
| MAexp50: | 1.0906 | |
| MAexp100: | 1.0914 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +1.35% | |
| Price / MA50: | +2.20% | |
| Price / MA100: | +0.79% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -0.26% | |
| Price / MAexp100: | -0.33% |
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 November 23, 2023 by FXEmpire
-
EUR/USD Technical Analysis for November 22, 2023 by FXEmpire
-
EUR/USD Forecast November 21, 2023
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EUR/USD Technical Analysis for November 21, 2023 by FXEmpire
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Technical Analysis: 20/11/2023 - EURUSD is halfway to July’s top; tests 1.0940 level
This member declared not having a position on this financial instrument or a related financial instrument.
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