USD/ILS - Daily - Technical analysis published on 07/21/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 3.63180 ILS
My targets
3.54465 ILS (-0.06069)
3.47880 ILS (-0.12654)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/ILS as long as the price remains well below 3.63180 ILS. The sellers' bearish objective is set at 3.54465 ILS. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.47880 ILS. In case of crossing, the next objective would be the support located at 3.39160 ILS.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/ILS rating 3.60534 ILS. The price registered an increase of +0.23% on the session and was between 3.59614 ILS and 3.60610 ILS. This implies that the price is at +0.26% from its lowest and at -0.02% from its highest.3.59614
3.60610
3.60534
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/ILS:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on USD/ILS were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of USD/ILS indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a bearish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.39160 | 3.47880 | 3.54465 | 3.60534 | 3.63180 | 3.67204 | 3.73900 |
| Change (%) | -5.93% | -3.51% | -1.68% | - | +0.73% | +1.85% | +3.71% |
| Change | -0.21374 | -0.12654 | -0.06069 | - | +0.02646 | +0.06670 | +0.13366 |
| Level | Major | Intermediate | Major | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.53265 | 3.55311 | 3.57515 | 3.59561 | 3.61765 | 3.63811 | 3.66015 |
| Camarilla | 3.58549 | 3.58939 | 3.59328 | 3.59718 | 3.60108 | 3.60497 | 3.60887 |
| Woodie | 3.53343 | 3.55351 | 3.57593 | 3.59601 | 3.61843 | 3.63851 | 3.66093 |
| Fibonacci | 3.55311 | 3.56935 | 3.57938 | 3.59561 | 3.61185 | 3.62188 | 3.63811 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.43096 | 3.51505 | 3.56085 | 3.64494 | 3.69074 | 3.77483 | 3.82063 |
| Camarilla | 3.57093 | 3.58284 | 3.59474 | 3.60665 | 3.61856 | 3.63046 | 3.64237 |
| Woodie | 3.41182 | 3.50548 | 3.54171 | 3.63537 | 3.67160 | 3.76526 | 3.80149 |
| Fibonacci | 3.51505 | 3.56467 | 3.59532 | 3.64494 | 3.69456 | 3.72521 | 3.77483 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.37051 | 3.45658 | 3.58236 | 3.66843 | 3.79421 | 3.88028 | 4.00606 |
| Camarilla | 3.64988 | 3.66930 | 3.68872 | 3.70814 | 3.72756 | 3.74698 | 3.76640 |
| Woodie | 3.39037 | 3.46651 | 3.60222 | 3.67836 | 3.81407 | 3.89021 | 4.02592 |
| Fibonacci | 3.45658 | 3.53751 | 3.58750 | 3.66843 | 3.74936 | 3.79935 | 3.88028 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.06 | |
| MACD (12,26,9): | -0.0148 | |
| Directional Movement: | -10.35748 | |
| AROON (14): | -50.00000 | |
| DEMA (21): | 3.62269 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.67367 | |
| Elder Ray (13): | -0.02756 | |
| Super Trend (3,10): | 3.71992 | |
| Zig ZAG (10): | 3.60544 | |
| VORTEX (21): | 0.9683 | |
| Stochastique (14,3,5): | 18.94 | |
| TEMA (21): | 3.60812 | |
| Williams %R (14): | -75.10 | |
| Chande Momentum Oscillator (20): | -0.09589 | |
| Repulse (5,40,3): | -0.3364 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0160 | |
| Courbe Coppock: | 3.96 |
| MA7: | 3.60509 | |
| MA20: | 3.65743 | |
| MA50: | 3.65733 | |
| MA100: | 3.64241 | |
| MAexp7: | 3.61291 | |
| MAexp20: | 3.63755 | |
| MAexp50: | 3.64477 | |
| MAexp100: | 3.62562 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | -1.42% | |
| Price / MA50: | -1.42% | |
| Price / MA100: | -1.02% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.89% | |
| Price / MAexp50: | -1.08% | |
| Price / MAexp100: | -0.56% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on USD/ILS at the time of the analysis were as follows:
USD/ILS Keeps RisingThis member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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