EUR/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - 15 min. - Technical analysis published on 09/05/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 1.1072 USD

My targets

1.1127 USD (+0.0017)

1.1158 USD (+0.0048)

My analysis

EUR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.1072 USD. The next resistance located at 1.1127 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.1158 USD. After this resistance, buyers could then target 1.1191 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by franciscorodrigues12. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

EUR/USD rating 1.1110 USD. The price has increased by +0.27% since the last closing and was between 1.1074 USD and 1.1120 USD. This implies that the price is at +0.33% from its lowest and at -0.09% from its highest.

1.1074

1.1120

1.1110

Here is a more detailed summary of the historical variations registered by EUR/USD:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

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 strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 15 minutes

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.1055	1.1069	1.1108	1.1110	1.1150	1.1191	1.1235
Change (%)	-0.50%	-0.37%	-0.02%	-	+0.36%	+0.73%	+1.13%
Change	-0.0055	-0.0041	-0.0002	-	+0.0040	+0.0081	+0.0125
Level	Minor	Intermediate	Intermediate	-	Minor	Major	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	1.0993	1.1017	1.1048	1.1072	1.1103	1.1127	1.1158
Camarilla	1.1065	1.1070	1.1075	1.1080	1.1085	1.1090	1.1095
Woodie	1.0998	1.1019	1.1053	1.1074	1.1108	1.1129	1.1163
Fibonacci	1.1017	1.1038	1.1051	1.1072	1.1093	1.1106	1.1127

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0835	1.0939	1.0993	1.1097	1.1151	1.1255	1.1309
Camarilla	1.1003	1.1017	1.1032	1.1046	1.1061	1.1075	1.1090
Woodie	1.0809	1.0927	1.0967	1.1085	1.1125	1.1243	1.1283
Fibonacci	1.0939	1.1000	1.1037	1.1097	1.1158	1.1195	1.1255

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0390	1.0583	1.0815	1.1008	1.1240	1.1433	1.1665
Camarilla	1.0929	1.0968	1.1007	1.1046	1.1085	1.1124	1.1163
Woodie	1.0409	1.0593	1.0834	1.1018	1.1259	1.1443	1.1684
Fibonacci	1.0583	1.0746	1.0846	1.1008	1.1171	1.1271	1.1433

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):	53.67
MACD (12,26,9):	0.0003
Directional Movement:	10.4902
AROON (14):	35.7142
DEMA (21):	1.1106
Parabolic SAR (0,02-0,02-0,2):	1.1099
Elder Ray (13):	0
Super Trend (3,10):	1.1112
Zig ZAG (10):	1.1104
VORTEX (21):	1.2195
Stochastique (14,3,5):	47.04
TEMA (21):	1.1107
Williams %R (14):	-53.33
Chande Momentum Oscillator (20):	0.0000
Repulse (5,40,3):	0.0144
ROCnROLL:	1
TRIX (15,9):	0.0037
Courbe Coppock:	0.17

MA7:	1.1079
MA20:	1.1071
MA50:	1.0940
MA100:	1.0857
MAexp7:	1.1106
MAexp20:	1.1103
MAexp50:	1.1097
MAexp100:	1.1090
Price / MA7:	+0.28%
Price / MA20:	+0.35%
Price / MA50:	+1.55%
Price / MA100:	+2.33%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.06%
Price / MAexp50:	+0.12%
Price / MAexp100:	+0.18%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/USD. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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