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 09/16/2024 (GMT)

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

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

5.4

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 1.1128 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:

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. 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

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 : - 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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