EUR/USD - 15 min. - Technical analysis published on 09/16/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1.1112 USD
My targets
1.1156 USD (+0.0028)
1.1191 USD (+0.0063)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.1112 USD. The buyers' bullish objective is set at 1.1156 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1191 USD. If there is any crossing, the next objective would be the resistance located at 1.1235 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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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 1.1128 USD. The price registered an increase of +0.51% on the session with the lowest point at 1.1074 USD and the highest point at 1.1138 USD. The deviation from the price is +0.49% for the low point and -0.09% for the high point.1.1074
1.1138
1.1128
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1075 | 1.1091 | 1.1109 | 1.1128 | 1.1156 | 1.1191 | 1.1235 |
| Change (%) | -0.48% | -0.33% | -0.17% | - | +0.25% | +0.57% | +0.96% |
| Change | -0.0053 | -0.0037 | -0.0019 | - | +0.0028 | +0.0063 | +0.0107 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | 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 | 1.1032 | 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): | 54.03 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -2.4898 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 1.1131 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1127 | |
| Elder Ray (13): | -0.0001 | |
| Super Trend (3,10): | 1.1122 | |
| Zig ZAG (10): | 1.1128 | |
| VORTEX (21): | 1.0959 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 1.1131 | |
| Williams %R (14): | -37.50 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | -0.0117 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0024 | |
| Courbe Coppock: | 0.14 |
| MA7: | 1.1061 | |
| MA20: | 1.1096 | |
| MA50: | 1.0979 | |
| MA100: | 1.0883 | |
| MAexp7: | 1.1130 | |
| MAexp20: | 1.1128 | |
| MAexp50: | 1.1123 | |
| MAexp100: | 1.1114 | |
| Price / MA7: | +0.61% | |
| Price / MA20: | +0.29% | |
| Price / MA50: | +1.36% | |
| Price / MA100: | +2.25% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.13% |
Quotes :
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Real time data
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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:
-
EUR/USD Forecast September 17, 2024
-
Weekly Technical Outlook on USDJPY, EURUSD and GBPUSD
-
Euro Sees Buyers on Dips: EUR/USD Technical Analysis by Chris Lewis for FX Empire (09/16)
-
Euro Sits on a Mayor Level: EUR/USD Technical Analysis for by Chris Lewis for FX Empire (09/12)
-
EUR/USD Looks for Direction: Forecast & Technical Analysis by Chris Lewis (September 10)
This member declared not having a position on this financial instrument or a related financial instrument.
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