EUR/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - Daily - Technical analysis published on 09/24/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

11%

44%

My opinion

Bullish above 1.0953 USD

My targets

1.1191 USD (+0.0071)

1.1456 USD (+0.0336)

My analysis

The basic bullish trend is very strong on EUR/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1.0953 USD. Crossing the first resistance at 1.1191 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1.1456 USD as an objective. Crossing it would then enable buyers to target 1.1723 USD. Caution, a return to below 1.0953 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.4

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 atimetwaly. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/USD rating is 1.1120 USD. The price has increased by +0.08% since the last closing with the lowest point at 1.1103 USD and the highest point at 1.1121 USD. The deviation from the price is +0.15% for the low point and -0.01% for the high point.

1.1103

1.1121

1.1120

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 Daily shows a strongly overall bullish trend. 89.29% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0861	1.0953	1.1109	1.1120	1.1191	1.1235	1.1456
Change (%)	-2.33%	-1.50%	-0.10%	-	+0.64%	+1.03%	+3.02%
Change	-0.0259	-0.0167	-0.0011	-	+0.0071	+0.0115	+0.0336
Level	Minor	Intermediate	Major	-	Major	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0986	1.1034	1.1073	1.1121	1.1160	1.1208	1.1247
Camarilla	1.1087	1.1095	1.1103	1.1111	1.1119	1.1127	1.1135
Woodie	1.0981	1.1032	1.1068	1.1119	1.1155	1.1206	1.1242
Fibonacci	1.1034	1.1068	1.1088	1.1121	1.1155	1.1175	1.1208

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0970	1.1019	1.1091	1.1140	1.1212	1.1261	1.1333
Camarilla	1.1130	1.1141	1.1152	1.1163	1.1174	1.1185	1.1196
Woodie	1.0982	1.1025	1.1103	1.1146	1.1224	1.1267	1.1345
Fibonacci	1.1019	1.1065	1.1094	1.1140	1.1186	1.1215	1.1261

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):	55.19
MACD (12,26,9):	0.0030
Directional Movement:	4.3333
AROON (14):	35.7143
DEMA (21):	1.1136
Parabolic SAR (0,02-0,02-0,2):	1.1050
Elder Ray (13):	0.0005
Super Trend (3,10):	1.0987
Zig ZAG (10):	1.1115
VORTEX (21):	0.9601
Stochastique (14,3,5):	68.27
TEMA (21):	1.1127
Williams %R (14):	-39.57
Chande Momentum Oscillator (20):	0.0031
Repulse (5,40,3):	-0.0152
ROCnROLL:	1
TRIX (15,9):	0.0402
Courbe Coppock:	0.77

MA7:	1.1131
MA20:	1.1089
MA50:	1.1011
MA100:	1.0907
MAexp7:	1.1120
MAexp20:	1.1093
MAexp50:	1.1023
MAexp100:	1.0947
Price / MA7:	-0.10%
Price / MA20:	+0.28%
Price / MA50:	+0.99%
Price / MA100:	+1.95%
Price / MAexp7:	-0%
Price / MAexp20:	+0.24%
Price / MAexp50:	+0.88%
Price / MAexp100:	+1.58%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/USD at the time of the analysis were as follows:

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

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