EUR/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - 15 min. - Technical analysis published on 09/11/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 1.1028 USD

My targets

1.1007 USD (-0.0006)

1.0993 USD (-0.0020)

My analysis

EUR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.1028 USD. The next support located at 1.1007 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.0993 USD. Below this support, sellers could then target 1.0972 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

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

The EUR/USD price is 1.1013 USD. The price is lower by -0.06% since the last closing with the lowest point at 1.1002 USD and the highest point at 1.1055 USD. The deviation from the price is +0.10% for the low point and -0.38% for the high point.

1.1002

1.1055

1.1013

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 15 min. of this EUR/USD chart shows a sharp bearish trend. 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. 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.
The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

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	1.0708	1.0786	1.0952	1.1013	1.1015	1.1046	1.1069
Change (%)	-2.77%	-2.06%	-0.55%	-	+0.02%	+0.30%	+0.51%
Change	-0.0305	-0.0227	-0.0061	-	+0.0002	+0.0033	+0.0056
Level	Minor	Minor	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0972	1.0993	1.1007	1.1028	1.1042	1.1063	1.1077
Camarilla	1.1010	1.1014	1.1017	1.1020	1.1023	1.1026	1.1030
Woodie	1.0968	1.0991	1.1003	1.1026	1.1038	1.1061	1.1073
Fibonacci	1.0993	1.1007	1.1015	1.1028	1.1042	1.1050	1.1063

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	44.21
MACD (12,26,9):	-0.0002
Directional Movement:	-5.4564
AROON (14):	-50.0000
DEMA (21):	1.1013
Parabolic SAR (0,02-0,02-0,2):	1.1024
Elder Ray (13):	-0.0002
Super Trend (3,10):	1.1025
Zig ZAG (10):	1.1014
VORTEX (21):	0.9877
Stochastique (14,3,5):	19.61
TEMA (21):	1.1014
Williams %R (14):	-76.47
Chande Momentum Oscillator (20):	-0.0009
Repulse (5,40,3):	0.0106
ROCnROLL:	2
TRIX (15,9):	-0.0026
Courbe Coppock:	0.11

MA7:	1.1056
MA20:	1.1086
MA50:	1.0964
MA100:	1.0872
MAexp7:	1.1014
MAexp20:	1.1016
MAexp50:	1.1021
MAexp100:	1.1026
Price / MA7:	-0.39%
Price / MA20:	-0.66%
Price / MA50:	+0.45%
Price / MA100:	+1.30%
Price / MAexp7:	-0.01%
Price / MAexp20:	-0.03%
Price / MAexp50:	-0.07%
Price / MAexp100:	-0.12%

Quotes : - Real time data - Forex

News

The last news published on EUR/USD at the time of the generation of this analysis was as follows:

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

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