EUR/USD - 15 min. - Technical analysis published on 09/15/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 1.1062 USD
My targets
1.1092 USD (+0.0007)
1.1112 USD (+0.0027)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.1062 USD. The buyers' bullish objective is set at 1.1092 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1112 USD. If there is any crossing, the next objective would be the resistance located at 1.1122 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.2
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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 1.1085 USD. The price has increased by +0.12% since the last closing and was traded between 1.1074 USD and 1.1087 USD over the period. The price is currently at +0.10% from its lowest and -0.02% from its highest.1.1074
1.1087
1.1085
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/USD:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 15 min. shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.1028 | 1.1046 | 1.1075 | 1.1085 | 1.1091 | 1.1109 | 1.1156 |
| Change (%) | -0.51% | -0.35% | -0.09% | - | +0.05% | +0.22% | +0.64% |
| Change | -0.0057 | -0.0039 | -0.0010 | - | +0.0006 | +0.0024 | +0.0071 |
| Level | Minor | Major | Intermediate | - | Minor | 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 | 1.1032 | 1.1052 | 1.1062 | 1.1082 | 1.1092 | 1.1112 | 1.1122 |
| Camarilla | 1.1064 | 1.1067 | 1.1069 | 1.1072 | 1.1075 | 1.1078 | 1.1080 |
| Woodie | 1.1027 | 1.1050 | 1.1057 | 1.1080 | 1.1087 | 1.1110 | 1.1117 |
| Fibonacci | 1.1052 | 1.1064 | 1.1071 | 1.1082 | 1.1094 | 1.1101 | 1.1112 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0915 | 1.0959 | 1.1015 | 1.1059 | 1.1115 | 1.1159 | 1.1215 |
| Camarilla | 1.1045 | 1.1054 | 1.1063 | 1.1072 | 1.1081 | 1.1090 | 1.1100 |
| Woodie | 1.0922 | 1.0962 | 1.1022 | 1.1062 | 1.1122 | 1.1162 | 1.1222 |
| Fibonacci | 1.0959 | 1.0997 | 1.1021 | 1.1059 | 1.1097 | 1.1121 | 1.1159 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.50 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 6.8453 | |
| AROON (14): | 7.1428 | |
| DEMA (21): | 1.1077 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1073 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.1086 | |
| Zig ZAG (10): | 1.1081 | |
| VORTEX (21): | 0.9239 | |
| Stochastique (14,3,5): | 63.33 | |
| TEMA (21): | 1.1077 | |
| Williams %R (14): | -10.00 | |
| Chande Momentum Oscillator (20): | 0.0005 | |
| Repulse (5,40,3): | 0.0509 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0027 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.1055 | |
| MA20: | 1.1094 | |
| MA50: | 1.0978 | |
| MA100: | 1.0883 | |
| MAexp7: | 1.1079 | |
| MAexp20: | 1.1079 | |
| MAexp50: | 1.1081 | |
| MAexp100: | 1.1077 | |
| Price / MA7: | +0.27% | |
| Price / MA20: | -0.08% | |
| Price / MA50: | +0.97% | |
| Price / MA100: | +1.86% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.07% |
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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Euro Sits on a Mayor Level: EUR/USD Technical Analysis for by Chris Lewis for FX Empire (09/12)
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EUR/USD Looks for Direction: Forecast & Technical Analysis by Chris Lewis (September 10)
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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
This member declared not having a position on this financial instrument or a related financial instrument.
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