EUR/USD
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 02/24/2025 (GMT)

  • 254
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bullish
Technical indicators
33%
39%
28%
My opinion
Neutral between 1.0470 USD and 1.0506 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on EUR/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.0506 USD. The first support is located at 1.0470 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD price is 1.0482 USD. The price has increased by +0.21% since the last closing with the lowest point at 1.0453 USD and the highest point at 1.0528 USD. The deviation from the price is +0.28% for the low point and -0.44% for the high point.

1.0453
1.0528
1.0482

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
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 this 1H chart of EUR/USD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0430 1.0448 1.0470 1.0482 1.0485 1.0506 1.0693
Change (%) -0.50% -0.32% -0.11% - +0.03% +0.23% +2.01%
Change -0.0052 -0.0034 -0.0012 - +0.0003 +0.0024 +0.0211
Level Major Minor Minor - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.03821.04151.04381.04711.04941.05271.0550
Camarilla1.04451.04501.04551.04601.04651.04701.0475
Woodie1.03761.04131.04321.04691.04881.05251.0544
Fibonacci1.04151.04371.04501.04711.04931.05061.0527


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.02991.03501.04051.04561.05111.05621.0617
Camarilla1.04311.04411.04501.04601.04701.04791.0489
Woodie1.03011.03511.04071.04571.05131.05631.0619
Fibonacci1.03501.03911.04161.04561.04971.05221.0562


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
Moving averages

RSI (14): 46.51
MACD (12,26,9): -0.0003
Directional Movement: -2.8969
AROON (14): -71.4286
DEMA (21): 1.0476
Parabolic SAR (0,02-0,02-0,2): 1.0454
Elder Ray (13): -0.0005
Super Trend (3,10): 1.0509
Zig ZAG (10): 1.0473
VORTEX (21): 1.0000
Stochastique (14,3,5): 30.67
TEMA (21): 1.0470
Williams %R (14): -71.64
Chande Momentum Oscillator (20): -0.0037
Repulse (5,40,3): -0.0018
ROCnROLL: 2
TRIX (15,9): -0.0007
Courbe Coppock: 0.68
MA7: 1.0468
MA20: 1.0411
MA50: 1.0389
MA100: 1.0547
MAexp7: 1.0473
MAexp20: 1.0478
MAexp50: 1.0476
MAexp100: 1.0467
Price / MA7: +0.13%
Price / MA20: +0.68%
Price / MA50: +0.90%
Price / MA100: -0.62%
Price / MAexp7: +0.09%
Price / MAexp20: +0.04%
Price / MAexp50: +0.06%
Price / MAexp100: +0.14%

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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