EUR/USD - 15 min. - Technical analysis published on 11/25/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.0461 USD
My targets
1.0500 USD (+0.0021)
1.0520 USD (+0.0041)
My analysis
EUR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0461 USD. The next resistance located at 1.0500 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0520 USD. After this resistance, buyers could then target 1.0539 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7
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Additional analysis
Quotes
The EUR/USD price is 1.0479 USD. The price is lower by -0.01% since the last closing with the lowest point at 1.0478 USD and the highest point at 1.0480 USD. The deviation from the price is +0.01% for the low point and -0.01% for the high point.1.0478
1.0480
1.0479
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:
Near a new LOW record (1 year)
Type : Bearish
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 15 min. shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.0333 | 1.0392 | 1.0430 | 1.0479 | 1.0497 | 1.0556 | 1.0609 |
| Change (%) | -1.39% | -0.83% | -0.47% | - | +0.17% | +0.73% | +1.24% |
| Change | -0.0146 | -0.0087 | -0.0049 | - | +0.0018 | +0.0077 | +0.0130 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0422 | 1.0442 | 1.0461 | 1.0481 | 1.0500 | 1.0520 | 1.0539 |
| Camarilla | 1.0469 | 1.0473 | 1.0476 | 1.0480 | 1.0484 | 1.0487 | 1.0491 |
| Woodie | 1.0422 | 1.0442 | 1.0461 | 1.0481 | 1.0500 | 1.0520 | 1.0539 |
| Fibonacci | 1.0442 | 1.0457 | 1.0466 | 1.0481 | 1.0496 | 1.0505 | 1.0520 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0020 | 1.0177 | 1.0297 | 1.0454 | 1.0574 | 1.0731 | 1.0851 |
| Camarilla | 1.0342 | 1.0367 | 1.0393 | 1.0418 | 1.0443 | 1.0469 | 1.0494 |
| Woodie | 1.0003 | 1.0168 | 1.0280 | 1.0445 | 1.0557 | 1.0722 | 1.0834 |
| Fibonacci | 1.0177 | 1.0283 | 1.0348 | 1.0454 | 1.0560 | 1.0625 | 1.0731 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0332 | 1.0547 | 1.0715 | 1.0930 | 1.1098 | 1.1313 | 1.1481 |
| Camarilla | 1.0779 | 1.0814 | 1.0849 | 1.0884 | 1.0919 | 1.0954 | 1.0989 |
| Woodie | 1.0310 | 1.0535 | 1.0693 | 1.0918 | 1.1076 | 1.1301 | 1.1459 |
| Fibonacci | 1.0547 | 1.0693 | 1.0783 | 1.0930 | 1.1076 | 1.1166 | 1.1313 |
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): | 66.90 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 21.1957 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 1.0482 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0428 | |
| Elder Ray (13): | 0.0023 | |
| Super Trend (3,10): | 1.0454 | |
| Zig ZAG (10): | 1.0483 | |
| VORTEX (21): | 1.0954 | |
| Stochastique (14,3,5): | 91.12 | |
| TEMA (21): | 1.0495 | |
| Williams %R (14): | -21.84 | |
| Chande Momentum Oscillator (20): | 0.0067 | |
| Repulse (5,40,3): | -0.0207 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0213 | |
| Courbe Coppock: | 1.30 |
| MA7: | 1.0523 | |
| MA20: | 1.0674 | |
| MA50: | 1.0860 | |
| MA100: | 1.0920 | |
| MAexp7: | 1.0480 | |
| MAexp20: | 1.0459 | |
| MAexp50: | 1.0443 | |
| MAexp100: | 1.0448 | |
| Price / MA7: | -0.42% | |
| Price / MA20: | -1.83% | |
| Price / MA50: | -3.51% | |
| Price / MA100: | -4.04% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +0.30% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/USD at the time of the analysis were as follows:
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EUR/USD Forecast November 11, 2024
-
EUR/USD Forecast November 8, 2024
-
EUR/USD Forecast November 6, 2024
-
Technical Outlook on USDJPY, EURUSD, GBPUSD
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EUR/USD Forecast October 24, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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