EUR/USD - 15 min. - Technical analysis published on 10/30/2024 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.0841 USD
My targets
1.0898 USD (+0.0027)
1.0953 USD (+0.0082)
My analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.0841 USD, you could try to benefit from the boom. The first bullish objective is located at 1.0898 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.0953 USD as an objective. Crossing it would then enable buyers to target 1.1111 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
8.6
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Additional analysis
Quotes
EUR/USD rating 1.0871 USD. The price registered an increase of +0.47% on the session and was between 1.0808 USD and 1.0871 USD. This implies that the price is at +0.58% from its lowest and at 0% from its highest.1.0808
1.0871
1.0871
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/USD in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently positioned 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0826 | 1.0839 | 1.0861 | 1.0871 | 1.0872 | 1.0953 | 1.1111 |
| Change (%) | -0.41% | -0.29% | -0.09% | - | +0.01% | +0.75% | +2.21% |
| Change | -0.0045 | -0.0032 | -0.0010 | - | +0.0001 | +0.0082 | +0.0240 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 1.0727 | 1.0748 | 1.0784 | 1.0805 | 1.0841 | 1.0862 | 1.0898 |
| Camarilla | 1.0804 | 1.0810 | 1.0815 | 1.0820 | 1.0825 | 1.0831 | 1.0836 |
| Woodie | 1.0735 | 1.0752 | 1.0792 | 1.0809 | 1.0849 | 1.0866 | 1.0906 |
| Fibonacci | 1.0748 | 1.0770 | 1.0783 | 1.0805 | 1.0827 | 1.0840 | 1.0862 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0636 | 1.0698 | 1.0747 | 1.0809 | 1.0858 | 1.0920 | 1.0969 |
| Camarilla | 1.0765 | 1.0775 | 1.0785 | 1.0795 | 1.0805 | 1.0815 | 1.0826 |
| Woodie | 1.0629 | 1.0695 | 1.0740 | 1.0806 | 1.0851 | 1.0917 | 1.0962 |
| Fibonacci | 1.0698 | 1.0741 | 1.0767 | 1.0809 | 1.0852 | 1.0878 | 1.0920 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0809 | 1.0906 | 1.1021 | 1.1118 | 1.1233 | 1.1330 | 1.1445 |
| Camarilla | 1.1079 | 1.1098 | 1.1118 | 1.1137 | 1.1156 | 1.1176 | 1.1195 |
| Woodie | 1.0819 | 1.0911 | 1.1031 | 1.1123 | 1.1243 | 1.1335 | 1.1455 |
| Fibonacci | 1.0906 | 1.0987 | 1.1037 | 1.1118 | 1.1199 | 1.1249 | 1.1330 |
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): | 67.24 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 16.9116 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 1.0869 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0856 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 1.0848 | |
| Zig ZAG (10): | 1.0870 | |
| VORTEX (21): | 1.3235 | |
| Stochastique (14,3,5): | 91.97 | |
| TEMA (21): | 1.0872 | |
| Williams %R (14): | -15.79 | |
| Chande Momentum Oscillator (20): | 0.0005 | |
| Repulse (5,40,3): | 0.0108 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0117 | |
| Courbe Coppock: | 0.28 |
| MA7: | 1.0815 | |
| MA20: | 1.0882 | |
| MA50: | 1.1017 | |
| MA100: | 1.0935 | |
| MAexp7: | 1.0867 | |
| MAexp20: | 1.0857 | |
| MAexp50: | 1.0844 | |
| MAexp100: | 1.0833 | |
| Price / MA7: | +0.52% | |
| Price / MA20: | -0.10% | |
| Price / MA50: | -1.33% | |
| Price / MA100: | -0.59% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.25% | |
| Price / MAexp100: | +0.35% |
Quotes :
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Real time data
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Forex
News
The last news published on EUR/USD at the time of the generation of this analysis was as follows:
-
EUR/USD Forecast October 24, 2024
-
EUR/USD Forecast October 23, 2024
-
EUR/USD Forecast October 22, 2024
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Technical Outlook on EURUSD, GBPUSD, USDJPY
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Technical Outlook on EURUSD, GBPUSD, USDJPY
This member declared not having a position on this financial instrument or a related financial instrument.
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