EUR/USD - 15 min. - Technical analysis published on 09/09/2024 (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
33%
39%
28%
My opinion
Bearish under 1.1102 USD
My targets
1.1011 USD (-0.0028)
1.0957 USD (-0.0082)
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 1.1102 USD. The sellers' bearish objective is set at 1.1011 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0957 USD. In case of crossing, the next objective would be the support located at 1.0953 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
6.3
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This analysis was given by franciscorodrigues12. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/USD rating 1.1039 USD. On the day, this instrument lost -0.42% and was between 1.1034 USD and 1.1091 USD. This implies that the price is at +0.05% from its lowest and at -0.47% from its highest.1.1034
1.1091
1.1039
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
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. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
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 | 1.0786 | 1.0953 | 1.1026 | 1.1039 | 1.1041 | 1.1055 | 1.1073 |
| Change (%) | -2.29% | -0.78% | -0.12% | - | +0.02% | +0.14% | +0.31% |
| Change | -0.0253 | -0.0086 | -0.0013 | - | +0.0002 | +0.0016 | +0.0034 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | 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 | 1.0957 | 1.1011 | 1.1048 | 1.1102 | 1.1139 | 1.1193 | 1.1230 |
| Camarilla | 1.1060 | 1.1068 | 1.1077 | 1.1085 | 1.1093 | 1.1102 | 1.1110 |
| Woodie | 1.0949 | 1.1007 | 1.1040 | 1.1098 | 1.1131 | 1.1189 | 1.1222 |
| Fibonacci | 1.1011 | 1.1046 | 1.1067 | 1.1102 | 1.1137 | 1.1158 | 1.1193 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0892 | 1.0959 | 1.1022 | 1.1089 | 1.1152 | 1.1219 | 1.1282 |
| Camarilla | 1.1049 | 1.1061 | 1.1073 | 1.1085 | 1.1097 | 1.1109 | 1.1121 |
| Woodie | 1.0890 | 1.0958 | 1.1020 | 1.1088 | 1.1150 | 1.1218 | 1.1280 |
| Fibonacci | 1.0959 | 1.1009 | 1.1039 | 1.1089 | 1.1139 | 1.1169 | 1.1219 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.69 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -9.2914 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.1037 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1040 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.1047 | |
| Zig ZAG (10): | 1.1038 | |
| VORTEX (21): | 0.8472 | |
| Stochastique (14,3,5): | 30.56 | |
| TEMA (21): | 1.1037 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 0.0187 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0028 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.1068 | |
| MA20: | 1.1085 | |
| MA50: | 1.0954 | |
| MA100: | 1.0865 | |
| MAexp7: | 1.1038 | |
| MAexp20: | 1.1040 | |
| MAexp50: | 1.1045 | |
| MAexp100: | 1.1056 | |
| Price / MA7: | -0.26% | |
| Price / MA20: | -0.41% | |
| Price / MA50: | +0.78% | |
| Price / MA100: | +1.60% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.15% |
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:
-
What's Behind the Euro’s Dive?: EUR/USD Technical Analysis for by Chris Lewis for FX Empire (09/09)
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Technical Outlook on EURUSD, USDJPY, GBPUSD
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EUR/USD Forecast September 4, 2024
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Euro Keeps Twisting and Turning: EUR/USD Forecast & Technical Analysis by Chris Lewis (September 02)
-
Technical Outlook on US dollar index, EURUSD, USDJPY
This member declared not having a position on this financial instrument or a related financial instrument.
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