EUR/USD - 15 min. - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
56%
17%
28%
My opinion
Neutral between 1.0608 USD and 1.0637 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 1.0637 USD. The first support is located at 1.0608 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, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The EUR/USD rating is 1.0629 USD. The price has increased by +0.04% since the last closing with the lowest point at 1.0602 USD and the highest point at 1.0654 USD. The deviation from the price is +0.25% for the low point and -0.23% for the high point.1.0602
1.0654
1.0629
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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 15 min. shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : 15 minutes
Williams %R indicator is back under -50
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 | 1.0129 | 1.0469 | 1.0564 | 1.0629 | 1.0638 | 1.0665 | 1.0708 |
| Change (%) | -4.70% | -1.51% | -0.61% | - | +0.08% | +0.34% | +0.74% |
| Change | -0.0500 | -0.0160 | -0.0065 | - | +0.0009 | +0.0036 | +0.0079 |
| Level | Minor | Major | Minor | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0563 | 1.0592 | 1.0608 | 1.0637 | 1.0653 | 1.0682 | 1.0698 |
| Camarilla | 1.0613 | 1.0617 | 1.0621 | 1.0625 | 1.0629 | 1.0633 | 1.0637 |
| Woodie | 1.0558 | 1.0589 | 1.0603 | 1.0634 | 1.0648 | 1.0679 | 1.0693 |
| Fibonacci | 1.0592 | 1.0609 | 1.0620 | 1.0637 | 1.0654 | 1.0665 | 1.0682 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0285 | 1.0454 | 1.0548 | 1.0717 | 1.0811 | 1.0980 | 1.1074 |
| Camarilla | 1.0571 | 1.0595 | 1.0619 | 1.0643 | 1.0667 | 1.0691 | 1.0715 |
| Woodie | 1.0249 | 1.0435 | 1.0512 | 1.0698 | 1.0775 | 1.0961 | 1.1038 |
| Fibonacci | 1.0454 | 1.0554 | 1.0616 | 1.0717 | 1.0817 | 1.0879 | 1.0980 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0498 | 1.0633 | 1.0712 | 1.0847 | 1.0926 | 1.1061 | 1.1140 |
| Camarilla | 1.0733 | 1.0753 | 1.0772 | 1.0792 | 1.0812 | 1.0831 | 1.0851 |
| Woodie | 1.0471 | 1.0619 | 1.0685 | 1.0833 | 1.0899 | 1.1047 | 1.1113 |
| Fibonacci | 1.0633 | 1.0714 | 1.0765 | 1.0847 | 1.0928 | 1.0979 | 1.1061 |
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): | 58.18 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 19.8119 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.0639 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0654 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.0623 | |
| Zig ZAG (10): | 1.0638 | |
| VORTEX (21): | 1.1386 | |
| Stochastique (14,3,5): | 62.67 | |
| TEMA (21): | 1.0644 | |
| Williams %R (14): | -54.84 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | -0.0386 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0075 | |
| Courbe Coppock: | 0.30 |
| MA7: | 1.0726 | |
| MA20: | 1.0789 | |
| MA50: | 1.0818 | |
| MA100: | 1.0860 | |
| MAexp7: | 1.0636 | |
| MAexp20: | 1.0632 | |
| MAexp50: | 1.0626 | |
| MAexp100: | 1.0629 | |
| Price / MA7: | -0.90% | |
| Price / MA20: | -1.48% | |
| Price / MA50: | -1.75% | |
| Price / MA100: | -2.13% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.03% | |
| Price / MAexp100: | -0% |
Quotes :
-
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:
-
EUR/USD Daily Forecast and Technical Analysis for April 16, 2024, by Chris Lewis for FX Empire
-
EUR/USD Daily Forecast and Technical Analysis for April 15, 2024, by Chris Lewis for FX Empire
-
EUR/USD Long Term Forecast and Technical Analysis for April 12, 2024, by Chris Lewis for FX Empire
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EUR/USD Daily Forecast and Technical Analysis for April 12, 2024, by Chris Lewis for FX Empire
-
EUR/USD Daily Forecast and Technical Analysis for April 11, 2024, by Chris Lewis for FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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