EUR/USD
EUR USD
1.0811 USD (-0.39%)
03/21/2025 - 21:02 Closed Real time data - Forex
Open: 1.0853
Change: -0.0042
Volume: 121,982
Low: 1.0797
High: 1.0861
High / Low range: 0.0064
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - Daily - Technical analysis published on 02/06/2025 (GMT)

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  • 02/06/2025 - 10:23
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  • Timeframe : Daily
  • - Analysis generated on 02/06/2025 - 10:23
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 1.0430 USD
My targets
1.0245 USD (-0.0119)
1.0004 USD (-0.0360)
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 1.0430 USD. The next bearish objective for sellers is set at 1.0245 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0004 USD. If there is any crossing, the next objective would be the support located at 0.9596 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.7

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 citytraderuk. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

EUR/USD rating 1.0364 USD. The price is lower by -0.34% since the last closing and was between 1.0356 USD and 1.0406 USD. This implies that the price is at +0.08% from its lowest and at -0.40% from its highest.

1.0356
1.0406
1.0364

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-10-505January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/USD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. 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 : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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


S3S2S1PriceR1R2R3
ProTrendLines 0.9596 1.0245 1.0350 1.0364 1.0430 1.0693 1.0783
Change (%) -7.41% -1.15% -0.14% - +0.64% +3.17% +4.04%
Change -0.0768 -0.0119 -0.0014 - +0.0066 +0.0329 +0.0419
Level Major Intermediate Intermediate - Major 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
Standard1.02901.03301.03641.04041.04381.04781.0512
Camarilla1.03791.03851.03921.03991.04061.04131.0419
Woodie1.02881.03291.03621.04031.04361.04771.0510
Fibonacci1.03301.03581.03751.04041.04321.04491.0478


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.01161.02331.02991.04161.04821.05991.0665
Camarilla1.03151.03321.03481.03651.03821.03991.0415
Woodie1.00911.02201.02741.04031.04571.05861.0640
Fibonacci1.02331.03031.03461.04161.04861.05291.0599


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.98291.00041.01841.03591.05391.07141.0894
Camarilla1.02671.03001.03331.03651.03981.04301.0463
Woodie0.98331.00051.01881.03601.05431.07151.0898
Fibonacci1.00041.01391.02231.03591.04941.05781.0714

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Neutral8
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 46.74
MACD (12,26,9): -0.0007
Directional Movement: -2.2012
AROON (14): -35.7143
DEMA (21): 1.0369
Parabolic SAR (0,02-0,02-0,2): 1.0492
Elder Ray (13): 0
Super Trend (3,10): 1.0216
Zig ZAG (10): 1.0361
VORTEX (21): 1.0385
Stochastique (14,3,5): 52.35
TEMA (21): 1.0396
Williams %R (14): -52.76
Chande Momentum Oscillator (20): -0.0045
Repulse (5,40,3): 0.1228
ROCnROLL: 2
TRIX (15,9): -0.0090
Courbe Coppock: 1.23
MA7: 1.0378
MA20: 1.0367
MA50: 1.0415
MA100: 1.0631
MAexp7: 1.0379
MAexp20: 1.0382
MAexp50: 1.0442
MAexp100: 1.0563
Price / MA7: -0.13%
Price / MA20: -0.03%
Price / MA50: -0.49%
Price / MA100: -2.51%
Price / MAexp7: -0.14%
Price / MAexp20: -0.17%
Price / MAexp50: -0.75%
Price / MAexp100: -1.88%

Quotes : 02/06/2025 - 10:23 - 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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