USD/ILS
USD ILS
- ILS (-)
- Real time data - Forex
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Change: -
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Type: Forex
Ticker: USDILS
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USD/ILS - 1H - Technical analysis published on 10/21/2024 (GMT)

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  • 10/21/2024 - 21:10
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  • Timeframe : 1H
  • - Analysis generated on 10/21/2024 - 21:10
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 3.77492 ILS
My targets
3.80428 ILS (+0.02448)
3.81087 ILS (+0.03107)
My analysis
The bullish trend is currently very strong on USD/ILS. As long as the price remains above the support at 3.77492 ILS, you could try to benefit from the boom. The first bullish objective is located at 3.80428 ILS. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.81087 ILS as an objective. Crossing it would then enable buyers to target 3.98156 ILS. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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

Additional analysis

Quotes

The USD/ILS price is 3.77980 ILS. On the day, this instrument gained +1.56% and was traded between 3.71125 ILS and 3.78690 ILS over the period. The price is currently at +1.85% from its lowest and -0.19% from its highest.

3.71125
3.78690
3.77980

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-7.507.51522.5January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/ILS indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by 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, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

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


S3S2S1PriceR1R2R3
ProTrendLines 3.75190 3.76686 3.77492 3.77980 3.81087 3.98156 4.07735
Change (%) -0.74% -0.34% -0.13% - +0.82% +5.34% +7.87%
Change -0.02790 -0.01294 -0.00488 - +0.03107 +0.20176 +0.29755
Level Intermediate Minor Intermediate - Major Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.668723.685593.703663.720533.738603.755473.77354
Camarilla3.712123.715323.718533.721733.724933.728143.73134
Woodie3.669323.685893.704263.720833.739203.755773.77414
Fibonacci3.685593.698943.707183.720533.733883.742123.75547


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.607363.654913.688323.735873.769283.816833.85024
Camarilla3.699473.706893.714313.721733.729153.736573.74399
Woodie3.600293.651383.681253.732343.762213.813303.84317
Fibonacci3.654913.685843.704943.735873.766803.785903.81683


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.476123.555343.640203.719423.804283.883503.96836
Camarilla3.679933.694973.710013.725053.740093.755133.77017
Woodie3.478933.556753.643013.720833.807093.884913.97117
Fibonacci3.555343.618023.656753.719423.782103.820833.88350

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
Created with Raphaël 2.3.0Buy13
Moving averages
Created with Raphaël 2.3.0Buy24

RSI (14): 71.07
MACD (12,26,9): 0.0152
Directional Movement: 22.36025
AROON (14): 92.85714
DEMA (21): 3.77973
Parabolic SAR (0,02-0,02-0,2): 3.77215
Elder Ray (13): 0.01111
Super Trend (3,10): 3.75264
Zig ZAG (10): 3.77956
VORTEX (21): 1.3338
Stochastique (14,3,5): 89.98
TEMA (21): 3.79037
Williams %R (14): -13.09
Chande Momentum Oscillator (20): 0.02603
Repulse (5,40,3): 0.0214
ROCnROLL: 1
TRIX (15,9): 0.0540
Courbe Coppock: 2.78
MA7: 3.75150
MA20: 3.75731
MA50: 3.73152
MA100: 3.72454
MAexp7: 3.77727
MAexp20: 3.76092
MAexp50: 3.74676
MAexp100: 3.74694
Price / MA7: +0.75%
Price / MA20: +0.60%
Price / MA50: +1.29%
Price / MA100: +1.48%
Price / MAexp7: +0.07%
Price / MAexp20: +0.50%
Price / MAexp50: +0.88%
Price / MAexp100: +0.88%

Quotes : 10/21/2024 - 21:09 - Real time data - Forex

News


The last news published on USD/ILS 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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