EUR/USD - 1H - Technical analysis published on 03/17/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.0873 USD
My targets
1.0937 USD (+0.0032)
1.1010 USD (+0.0105)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/USD as long as the price remains well above 1.0873 USD. The buyers' bullish objective is set at 1.0937 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1010 USD. If there is any crossing, the next objective would be the resistance located at 1.1111 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.0905 USD. On the day, this instrument gained +0.29% and was between 1.0869 USD and 1.0912 USD. This implies that the price is at +0.33% from its lowest and at -0.06% from its highest.1.0869
1.0912
1.0905
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/USD:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/USD chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.0783 | 1.0823 | 1.0873 | 1.0905 | 1.0937 | 1.1010 | 1.1111 |
Change (%) | -1.12% | -0.75% | -0.29% | - | +0.29% | +0.96% | +1.89% |
Change | -0.0122 | -0.0082 | -0.0032 | - | +0.0032 | +0.0105 | +0.0206 |
Level | Intermediate | Major | Intermediate | - | Major | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 1.0749 | 1.0789 | 1.0832 | 1.0872 | 1.0915 | 1.0955 | 1.0998 |
Camarilla | 1.0851 | 1.0859 | 1.0866 | 1.0874 | 1.0882 | 1.0889 | 1.0897 |
Woodie | 1.0750 | 1.0790 | 1.0833 | 1.0873 | 1.0916 | 1.0956 | 1.0999 |
Fibonacci | 1.0789 | 1.0821 | 1.0841 | 1.0872 | 1.0904 | 1.0924 | 1.0955 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0662 | 1.0733 | 1.0804 | 1.0875 | 1.0946 | 1.1017 | 1.1088 |
Camarilla | 1.0835 | 1.0848 | 1.0861 | 1.0874 | 1.0887 | 1.0900 | 1.0913 |
Woodie | 1.0661 | 1.0733 | 1.0803 | 1.0875 | 1.0945 | 1.1017 | 1.1087 |
Fibonacci | 1.0733 | 1.0788 | 1.0821 | 1.0875 | 1.0930 | 1.0963 | 1.1017 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.9891 | 1.0049 | 1.0213 | 1.0371 | 1.0535 | 1.0693 | 1.0857 |
Camarilla | 1.0289 | 1.0318 | 1.0348 | 1.0377 | 1.0407 | 1.0436 | 1.0466 |
Woodie | 0.9894 | 1.0051 | 1.0216 | 1.0373 | 1.0538 | 1.0695 | 1.0860 |
Fibonacci | 1.0049 | 1.0172 | 1.0248 | 1.0371 | 1.0494 | 1.0570 | 1.0693 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 62.76 | |
MACD (12,26,9): | 0.0008 | |
Directional Movement: | 9.4999 | |
AROON (14): | 28.5714 | |
DEMA (21): | 1.0897 | |
Parabolic SAR (0,02-0,02-0,2): | 1.0866 | |
Elder Ray (13): | 0.0009 | |
Super Trend (3,10): | 1.0861 | |
Zig ZAG (10): | 1.0901 | |
VORTEX (21): | 1.0672 | |
Stochastique (14,3,5): | 75.97 | |
TEMA (21): | 1.0902 | |
Williams %R (14): | -23.26 | |
Chande Momentum Oscillator (20): | 0.0018 | |
Repulse (5,40,3): | 0.1147 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0080 | |
Courbe Coppock: | 0.30 |
MA7: | 1.0872 | |
MA20: | 1.0643 | |
MA50: | 1.0480 | |
MA100: | 1.0520 | |
MAexp7: | 1.0897 | |
MAexp20: | 1.0888 | |
MAexp50: | 1.0879 | |
MAexp100: | 1.0866 | |
Price / MA7: | +0.30% | |
Price / MA20: | +2.46% | |
Price / MA50: | +4.06% | |
Price / MA100: | +3.66% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | +0.16% | |
Price / MAexp50: | +0.24% | |
Price / MAexp100: | +0.36% |
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 Analysis: Can the Euro Continue to Rise?
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EUR/USD Analysis: Will the Euro Pull Back?
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Technical Analysis on EURUSD, GBPUSD, Oil
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EUR/USD Analysis: Euro Remains Rangebound
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EUR/USD Analysis: Can We Break Out of the Range?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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