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 11/22/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 1.0450 USD
My targets
1.0402 USD (-0.0009)
1.0343 USD (-0.0068)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/USD as long as the price remains well below 1.0450 USD. The sellers' bearish objective is set at 1.0402 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0343 USD. In case of crossing, the next objective would be the support located at 1.0129 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.2

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 winewa8300. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/USD price is 1.0411 USD. The price is lower by -0.55% since the last closing and was traded between 1.0333 USD and 1.0498 USD over the period. The price is currently at +0.75% from its lowest and -0.83% from its highest.

1.0333
1.0498
1.0411

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:

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. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 15 minutes



In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 15 minutes


Support of channel is broken

Type : Bearish

Timeframe : 15 minutes



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Black line without upper shadow

Type : Bearish

Timeframe : 15 minutes


Black marubozu

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.9596 1.0129 1.0411 1.0430 1.0462 1.0524
Change (%) -7.83% -2.71% - +0.18% +0.49% +1.09%
Change -0.0815 -0.0282 - +0.0019 +0.0051 +0.0113
Level Intermediate Minor - 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
Standard1.03431.04021.04361.04951.05291.05881.0622
Camarilla1.04431.04521.04611.04691.04781.04861.0495
Woodie1.03301.03961.04231.04891.05161.05821.0609
Fibonacci1.04021.04381.04601.04951.05311.05531.0588


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02181.03571.04501.05891.06821.08211.0914
Camarilla1.04791.05011.05221.05431.05641.05861.0607
Woodie1.01951.03461.04271.05781.06591.08101.0891
Fibonacci1.03571.04461.05001.05891.06781.07321.0821


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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 30.95
MACD (12,26,9): -0.0003
Directional Movement: -22.5867
AROON (14): -28.5714
DEMA (21): 1.0465
Parabolic SAR (0,02-0,02-0,2): 1.0495
Elder Ray (13): -0.0031
Super Trend (3,10): 1.0473
Zig ZAG (10): 1.0413
VORTEX (21): 0.7100
Stochastique (14,3,5): 14.33
TEMA (21): 1.0447
Williams %R (14): -95.38
Chande Momentum Oscillator (20): -0.0108
Repulse (5,40,3): -1.6723
ROCnROLL: 2
TRIX (15,9): -0.0059
Courbe Coppock: 0.69
MA7: 1.0525
MA20: 1.0689
MA50: 1.0872
MA100: 1.0923
MAexp7: 1.0426
MAexp20: 1.0469
MAexp50: 1.0476
MAexp100: 1.0490
Price / MA7: -1.08%
Price / MA20: -2.60%
Price / MA50: -4.24%
Price / MA100: -4.69%
Price / MAexp7: -0.14%
Price / MAexp20: -0.55%
Price / MAexp50: -0.62%
Price / MAexp100: -0.75%

Quotes : - Real time data - Forex

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

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