USD/ILS - 1H - Technical analysis published on 07/27/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Bearish under 3.69684 ILS
My targets
3.67204 ILS (-0.01021)
3.64653 ILS (-0.03572)
My analysis
The strong short-term decline in USD/ILS calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 3.69684 ILS, one could consider taking advantage of the short-term movement. The first bearish objective is located at 3.67204 ILS. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.64653 ILS as an objective. Crossing it would then enable sellers to target 3.63180 ILS. Be careful, a return to above 3.69684 ILS could jeopardize the reversal.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/ILS rating is 3.68225 ILS. On the day, this instrument lost -0.01% with the lowest point at 3.68175 ILS and the highest point at 3.68572 ILS. The deviation from the price is +0.01% for the low point and -0.09% for the high point.3.68175
3.68572
3.68225
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of USD/ILS indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.63180 | 3.64653 | 3.67204 | 3.68225 | 3.72290 | 3.73900 | 3.81275 |
| Change (%) | -1.37% | -0.97% | -0.28% | - | +1.10% | +1.54% | +3.54% |
| Change | -0.05045 | -0.03572 | -0.01021 | - | +0.04065 | +0.05675 | +0.13050 |
| Level | Major | Minor | Major | - | Minor | Major | Major |
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 | 3.63301 | 3.65706 | 3.66990 | 3.69395 | 3.70679 | 3.73084 | 3.74368 |
| Camarilla | 3.67261 | 3.67599 | 3.67937 | 3.68275 | 3.68613 | 3.68951 | 3.69290 |
| Woodie | 3.62742 | 3.65426 | 3.66431 | 3.69115 | 3.70120 | 3.72804 | 3.73809 |
| Fibonacci | 3.65706 | 3.67115 | 3.67986 | 3.69395 | 3.70804 | 3.71675 | 3.73084 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.49962 | 3.53204 | 3.58202 | 3.61444 | 3.66442 | 3.69684 | 3.74682 |
| Camarilla | 3.60934 | 3.61689 | 3.62445 | 3.63200 | 3.63955 | 3.64711 | 3.65466 |
| Woodie | 3.50840 | 3.53643 | 3.59080 | 3.61883 | 3.67320 | 3.70123 | 3.75560 |
| Fibonacci | 3.53204 | 3.56352 | 3.58296 | 3.61444 | 3.64592 | 3.66536 | 3.69684 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.81 | |
| MACD (12,26,9): | -0.0036 | |
| Directional Movement: | -10.05127 | |
| AROON (14): | -42.85714 | |
| DEMA (21): | 3.68515 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.71248 | |
| Elder Ray (13): | -0.00387 | |
| Super Trend (3,10): | 3.67984 | |
| Zig ZAG (10): | 3.68225 | |
| VORTEX (21): | 0.9238 | |
| Stochastique (14,3,5): | 5.69 | |
| TEMA (21): | 3.67869 | |
| Williams %R (14): | -96.42 | |
| Chande Momentum Oscillator (20): | -0.00779 | |
| Repulse (5,40,3): | -0.0622 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0105 | |
| Courbe Coppock: | 1.03 |
| MA7: | 3.65020 | |
| MA20: | 3.66267 | |
| MA50: | 3.66053 | |
| MA100: | 3.64618 | |
| MAexp7: | 3.68385 | |
| MAexp20: | 3.68886 | |
| MAexp50: | 3.68508 | |
| MAexp100: | 3.66807 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | +0.53% | |
| Price / MA50: | +0.59% | |
| Price / MA100: | +0.99% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.18% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | +0.39% |
Quotes :
-
Real time data
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Forex
News
The last news published on USD/ILS at the time of the generation of this analysis was 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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