EUR/USD

- USD (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 12/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 1.0430 USD

My targets

1.0344 USD (-0.0020)

1.0297 USD (-0.0067)

My analysis

The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.0430 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0344 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0297 USD as an objective. Crossing it would then enable sellers to target 1.0129 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.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.8

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

Additional analysis

Quotes

The EUR/USD rating is 1.0364 USD. The price is lower by -0.01% since the last closing with the lowest point at 1.0359 USD and the highest point at 1.0369 USD. The deviation from the price is +0.05% for the low point and -0.05% for the high point.

1.0359

1.0369

1.0364

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/USD:

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

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

A technical analysis in 1H 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 currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9596	1.0129	1.0344	1.0364	1.0430	1.0480	1.0533
Change (%)	-7.41%	-2.27%	-0.19%	-	+0.64%	+1.12%	+1.63%
Change	-0.0768	-0.0235	-0.0020	-	+0.0066	+0.0116	+0.0169
Level	Intermediate	Minor	Intermediate	-	Major	Intermediate	Intermediate

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	1.0264	1.0307	1.0336	1.0379	1.0408	1.0451	1.0480
Camarilla	1.0345	1.0352	1.0358	1.0365	1.0372	1.0378	1.0385
Woodie	1.0257	1.0304	1.0329	1.0376	1.0401	1.0448	1.0473
Fibonacci	1.0307	1.0335	1.0352	1.0379	1.0407	1.0424	1.0451

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0297	1.0375	1.0438	1.0516	1.0579	1.0657	1.0720
Camarilla	1.0462	1.0475	1.0488	1.0501	1.0514	1.0527	1.0540
Woodie	1.0290	1.0371	1.0431	1.0512	1.0572	1.0653	1.0713
Fibonacci	1.0375	1.0429	1.0462	1.0516	1.0570	1.0603	1.0657

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9690	1.0012	1.0294	1.0616	1.0898	1.1220	1.1502
Camarilla	1.0411	1.0466	1.0522	1.0577	1.0632	1.0688	1.0743
Woodie	0.9671	1.0002	1.0275	1.0606	1.0879	1.1210	1.1483
Fibonacci	1.0012	1.0242	1.0385	1.0616	1.0846	1.0989	1.1220

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):	37.44
MACD (12,26,9):	-0.0015
Directional Movement:	-12.6678
AROON (14):	-28.5714
DEMA (21):	1.0356
Parabolic SAR (0,02-0,02-0,2):	1.0400
Elder Ray (13):	-0.0008
Super Trend (3,10):	1.0402
Zig ZAG (10):	1.0362
VORTEX (21):	0.9498
Stochastique (14,3,5):	13.94
TEMA (21):	1.0359
Williams %R (14):	-88.14
Chande Momentum Oscillator (20):	-0.0034
Repulse (5,40,3):	-0.0129
ROCnROLL:	2
TRIX (15,9):	-0.0221
Courbe Coppock:	0.64

MA7:	1.0438
MA20:	1.0498
MA50:	1.0643
MA100:	1.0851
MAexp7:	1.0365
MAexp20:	1.0377
MAexp50:	1.0409
MAexp100:	1.0442
Price / MA7:	-0.71%
Price / MA20:	-1.28%
Price / MA50:	-2.62%
Price / MA100:	-4.49%
Price / MAexp7:	-0.01%
Price / MAexp20:	-0.13%
Price / MAexp50:	-0.43%
Price / MAexp100:	-0.75%

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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