EUR/USD - 1H - Technical analysis published on 03/24/2025 (GMT)
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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
11%
56%
33%
My opinion
Bearish under 1.0822 USD
My targets
1.0783 USD (-0.0017)
1.0698 USD (-0.0102)
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 1.0822 USD. The sellers' bearish objective is set at 1.0783 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0698 USD. In case of crossing, the next objective would be the support located at 1.0430 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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This analysis was given by Pietertjie. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/USD price is 1.0800 USD. The price registered a decrease of -0.10% on the session and was between 1.0782 USD and 1.0858 USD. This implies that the price is at +0.17% from its lowest and at -0.53% from its highest.1.0782
1.0858
1.0800
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 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.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.0698 | 1.0783 | 1.0797 | 1.0800 | 1.0822 | 1.0856 | 1.0892 |
Change (%) | -0.94% | -0.16% | -0.03% | - | +0.20% | +0.52% | +0.85% |
Change | -0.0102 | -0.0017 | -0.0003 | - | +0.0022 | +0.0056 | +0.0092 |
Level | Minor | Minor | Intermediate | - | Minor | 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 |
---|---|---|---|---|---|---|---|
Standard | 1.0721 | 1.0759 | 1.0785 | 1.0823 | 1.0849 | 1.0887 | 1.0913 |
Camarilla | 1.0793 | 1.0799 | 1.0805 | 1.0811 | 1.0817 | 1.0823 | 1.0829 |
Woodie | 1.0715 | 1.0756 | 1.0779 | 1.0820 | 1.0843 | 1.0884 | 1.0907 |
Fibonacci | 1.0759 | 1.0783 | 1.0799 | 1.0823 | 1.0847 | 1.0863 | 1.0887 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0596 | 1.0696 | 1.0754 | 1.0854 | 1.0912 | 1.1012 | 1.1070 |
Camarilla | 1.0768 | 1.0782 | 1.0797 | 1.0811 | 1.0826 | 1.0840 | 1.0855 |
Woodie | 1.0574 | 1.0686 | 1.0732 | 1.0844 | 1.0890 | 1.1002 | 1.1048 |
Fibonacci | 1.0696 | 1.0757 | 1.0794 | 1.0854 | 1.0915 | 1.0952 | 1.1012 |
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 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): | 40.67 | |
MACD (12,26,9): | -0.0009 | |
Directional Movement: | -5.6725 | |
AROON (14): | -57.1429 | |
DEMA (21): | 1.0799 | |
Parabolic SAR (0,02-0,02-0,2): | 1.0830 | |
Elder Ray (13): | -0.0008 | |
Super Trend (3,10): | 1.0845 | |
Zig ZAG (10): | 1.0799 | |
VORTEX (21): | 0.9150 | |
Stochastique (14,3,5): | 23.55 | |
TEMA (21): | 1.0796 | |
Williams %R (14): | -76.71 | |
Chande Momentum Oscillator (20): | -0.0049 | |
Repulse (5,40,3): | -0.0170 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0098 | |
Courbe Coppock: | 0.68 |
MA7: | 1.0872 | |
MA20: | 1.0745 | |
MA50: | 1.0537 | |
MA100: | 1.0522 | |
MAexp7: | 1.0801 | |
MAexp20: | 1.0811 | |
MAexp50: | 1.0827 | |
MAexp100: | 1.0847 | |
Price / MA7: | -0.66% | |
Price / MA20: | +0.51% | |
Price / MA50: | +2.50% | |
Price / MA100: | +2.64% | |
Price / MAexp7: | -0.01% | |
Price / MAexp20: | -0.10% | |
Price / MAexp50: | -0.25% | |
Price / MAexp100: | -0.43% |
Quotes :
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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: Euro Gives Back Some Gains
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EUR/USD Analysis: Can the Euro Hold This Range?
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EUR/USD Analysis: Can the Euro Continue with Fed Meeting Here?
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Technical Outlook on EURUSD, USDJPY, GBPUSD
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EUR/USD Analysis: Can the Euro Continue to Rise?
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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