USD/ILS - Weekly - Technical analysis published on 11/10/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
50%
0%
50%
My opinion
Bullish above 3.62487 ILS
My targets
3.81087 ILS (+0.06033)
3.98156 ILS (+0.23102)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/ILS as long as the price remains well above 3.62487 ILS. The buyers' bullish objective is set at 3.81087 ILS. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.98156 ILS. If there is any crossing, the next objective would be the resistance located at 4.07735 ILS. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
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This analysis was given by eliro. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/ILS rating is 3.75054 ILS. The price registered an increase of +0.03% over 5 days with the lowest point at 3.68074 ILS and the highest point at 3.76865 ILS. The deviation from the price is +1.90% for the low point and -0.48% for the high point.3.68074
3.76865
3.75054
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 USD/ILS in Weekly shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Weekly
In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Weekly
Aroon indicator bearish trend
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : Weekly
Near support of triangle
Type : Bullish
Timeframe : Weekly
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.23685 | 3.39160 | 3.55715 | 3.75054 | 3.81087 | 3.98156 | 4.07735 |
| Change (%) | -13.70% | -9.57% | -5.16% | - | +1.61% | +6.16% | +8.71% |
| Change | -0.51369 | -0.35894 | -0.19339 | - | +0.06033 | +0.23102 | +0.32681 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | 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 | 3.68384 | 3.70026 | 3.72540 | 3.74182 | 3.76696 | 3.78338 | 3.80852 |
| Camarilla | 3.73911 | 3.74292 | 3.74673 | 3.75054 | 3.75435 | 3.75816 | 3.76197 |
| Woodie | 3.68820 | 3.70244 | 3.72976 | 3.74400 | 3.77132 | 3.78556 | 3.81288 |
| Fibonacci | 3.70026 | 3.71614 | 3.72594 | 3.74182 | 3.75770 | 3.76750 | 3.78338 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.64421 | 3.67157 | 3.71058 | 3.73794 | 3.77695 | 3.80431 | 3.84332 |
| Camarilla | 3.73135 | 3.73743 | 3.74352 | 3.74960 | 3.75568 | 3.76177 | 3.76785 |
| Woodie | 3.65005 | 3.67448 | 3.71642 | 3.74085 | 3.78279 | 3.80722 | 3.84916 |
| Fibonacci | 3.67157 | 3.69692 | 3.71258 | 3.73794 | 3.76329 | 3.77895 | 3.80431 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55083 | 3.62487 | 3.68328 | 3.75732 | 3.81573 | 3.88977 | 3.94818 |
| Camarilla | 3.70526 | 3.71740 | 3.72954 | 3.74168 | 3.75382 | 3.76596 | 3.77810 |
| Woodie | 3.54301 | 3.62096 | 3.67546 | 3.75341 | 3.80791 | 3.88586 | 3.94036 |
| Fibonacci | 3.62487 | 3.67547 | 3.70673 | 3.75732 | 3.80792 | 3.83918 | 3.88977 |
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): | 51.65 | |
| MACD (12,26,9): | 0.0149 | |
| Directional Movement: | 0.74690 | |
| AROON (14): | -21.42857 | |
| DEMA (21): | 3.75074 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.85404 | |
| Elder Ray (13): | -0.01772 | |
| Super Trend (3,10): | 3.83899 | |
| Zig ZAG (10): | 3.75054 | |
| VORTEX (21): | 0.9691 | |
| Stochastique (14,3,5): | 61.74 | |
| TEMA (21): | 3.76326 | |
| Williams %R (14): | -44.78 | |
| Chande Momentum Oscillator (20): | 0.08382 | |
| Repulse (5,40,3): | 2.4121 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0379 | |
| Courbe Coppock: | 3.23 |
| MA7: | 3.73920 | |
| MA20: | 3.74963 | |
| MA50: | 3.74909 | |
| MA100: | 3.72807 | |
| MAexp7: | 3.75304 | |
| MAexp20: | 3.73408 | |
| MAexp50: | 3.71476 | |
| MAexp100: | 3.66427 | |
| Price / MA7: | +0.30% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | +0.04% | |
| Price / MA100: | +0.60% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +0.96% | |
| Price / MAexp100: | +2.35% |
Quotes :
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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.
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