EUR/USD
EUR USD
- USD (-)
- Real time data - Forex
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Type: Forex
Ticker: EURUSD
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EUR/USD - 15 min. - Technical analysis published on 11/14/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1.0592 USD
My targets
1.0494 USD (-0.0015)
1.0432 USD (-0.0077)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.0592 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0494 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0432 USD as an objective. Crossing it would then enable sellers to target 1.0430 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9

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 joana. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.0509 USD. The price registered a decrease of -0.54% on the session and was traded between 1.0506 USD and 1.0569 USD over the period. The price is currently at +0.03% from its lowest and -0.57% from its highest.

1.0506
1.0569
1.0509

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 15 min. of this EUR/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9596 1.0129 1.0430 1.0509 1.0556 1.0595 1.0679
Change (%) -8.69% -3.62% -0.75% - +0.45% +0.82% +1.62%
Change -0.0913 -0.0380 -0.0079 - +0.0047 +0.0086 +0.0170
Level Intermediate Minor Major - Intermediate Minor Intermediate



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
Standard1.04321.04941.05301.05921.06281.06901.0726
Camarilla1.05391.05481.05571.05661.05751.05841.0593
Woodie1.04191.04881.05171.05861.06151.06841.0713
Fibonacci1.04941.05311.05551.05921.06291.06531.0690


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.03671.05241.06221.07791.08771.10341.1132
Camarilla1.06491.06721.06961.07191.07421.07661.0789
Woodie1.03371.05091.05921.07641.08471.10191.1102
Fibonacci1.05241.06221.06821.07791.08771.09371.1034


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.03321.05471.07151.09301.10981.13131.1481
Camarilla1.07791.08141.08491.08841.09191.09541.0989
Woodie1.03101.05351.06931.09181.10761.13011.1459
Fibonacci1.05471.06931.07831.09301.10761.11661.1313

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): 24.20
MACD (12,26,9): -0.0008
Directional Movement: -23.4023
AROON (14): -57.1429
DEMA (21): 1.0528
Parabolic SAR (0,02-0,02-0,2): 1.0551
Elder Ray (13): -0.0015
Super Trend (3,10): 1.0542
Zig ZAG (10): 1.0515
VORTEX (21): 0.8133
Stochastique (14,3,5): 7.28
TEMA (21): 1.0524
Williams %R (14): -95.65
Chande Momentum Oscillator (20): -0.0031
Repulse (5,40,3): -0.1840
ROCnROLL: 2
TRIX (15,9): -0.0069
Courbe Coppock: 0.36
MA7: 1.0657
MA20: 1.0775
MA50: 1.0935
MA100: 1.0938
MAexp7: 1.0523
MAexp20: 1.0538
MAexp50: 1.0550
MAexp100: 1.0566
Price / MA7: -1.39%
Price / MA20: -2.47%
Price / MA50: -3.90%
Price / MA100: -3.92%
Price / MAexp7: -0.13%
Price / MAexp20: -0.28%
Price / MAexp50: -0.39%
Price / MAexp100: -0.54%

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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