EUR/USD
EUR USD
150.67 USD (+0.93%)
03/24/2025 - 21:21 Open Real time data - Forex
Open: 149.37
Change: +1.39
Volume: 167,532
Low: 149.35
High: 150.76
High / Low range: 1.41
Type: Forex
Ticker: EURUSD
ISIN:

EUR/USD - 1H - Technical analysis published on 03/21/2025 (GMT)

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  • 03/21/2025 - 03:49
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  • Timeframe : 1H
  • - Analysis generated on 03/21/2025 - 03:49
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 1.0856 USD
My targets
1.0822 USD (-0.0013)
1.0783 USD (-0.0052)
My analysis
The bearish trend is currently very strong for EUR/USD. As long as the price remains below the resistance at 1.0856 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.0822 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.0783 USD as an objective. Crossing it would then enable sellers to target 1.0698 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
0
10
6.8

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 Pietertjie. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/USD rating is 1.0835 USD. The price registered a decrease of -0.17% on the session and was between 1.0835 USD and 1.0859 USD. This implies that the price is at 0% from its lowest and at -0.22% from its highest.

1.0835
1.0859
1.0835

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-4-20246January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


Technical analysis of this 1H chart of EUR/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0698 1.0783 1.0822 1.0835 1.0856 1.0876 1.0918
Change (%) -1.26% -0.48% -0.12% - +0.19% +0.38% +0.77%
Change -0.0137 -0.0052 -0.0013 - +0.0021 +0.0041 +0.0083
Level Minor Minor Major - Major Minor 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
Standard1.07031.07591.08061.08621.09091.09651.1012
Camarilla1.08251.08341.08441.08531.08621.08721.0881
Woodie1.06991.07571.08021.08601.09051.09631.1008
Fibonacci1.07591.07981.08231.08621.09011.09261.0965


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06621.07331.08041.08751.09461.10171.1088
Camarilla1.08351.08481.08611.08741.08871.09001.0913
Woodie1.06611.07331.08031.08751.09451.10171.1087
Fibonacci1.07331.07881.08211.08751.09301.09631.1017


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.98911.00491.02131.03711.05351.06931.0857
Camarilla1.02891.03181.03481.03771.04071.04361.0466
Woodie0.98941.00511.02161.03731.05381.06951.0860
Fibonacci1.00491.01721.02481.03711.04941.05701.0693

Numerical data


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

Technical indicators
Created with Raphaël 2.3.0Sell8
Moving averages
Created with Raphaël 2.3.0Sell26

RSI (14): 34.64
MACD (12,26,9): -0.0010
Directional Movement: -18.0429
AROON (14): 50.0000
DEMA (21): 1.0840
Parabolic SAR (0,02-0,02-0,2): 1.0827
Elder Ray (13): -0.0009
Super Trend (3,10): 1.0877
Zig ZAG (10): 1.0837
VORTEX (21): 0.8297
Stochastique (14,3,5): 63.51
TEMA (21): 1.0841
Williams %R (14): -62.16
Chande Momentum Oscillator (20): -0.0011
Repulse (5,40,3): -0.1919
ROCnROLL: 2
TRIX (15,9): -0.0164
Courbe Coppock: 0.04
MA7: 1.0884
MA20: 1.0729
MA50: 1.0527
MA100: 1.0523
MAexp7: 1.0846
MAexp20: 1.0855
MAexp50: 1.0874
MAexp100: 1.0884
Price / MA7: -0.45%
Price / MA20: +0.99%
Price / MA50: +2.93%
Price / MA100: +2.96%
Price / MAexp7: -0.10%
Price / MAexp20: -0.18%
Price / MAexp50: -0.36%
Price / MAexp100: -0.45%

Quotes : 03/21/2025 - 03:49 - Real time data - Forex

News


The last news published on EUR/USD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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