Londinia Opportunities Analyses - 11/14/2024 (GMT) SHORT-TERM EURO BTP FULL1224 - 1H
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EUR
(-)
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15 min delayed data - EUREX Futures
| Type: | Futures |
| Ticker: | BTSXXXX |
| ISIN: | FBTSXXXX |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- FX/Indices
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 107.18 EUR
My targets
107.34 EUR (+0.09%)
107.48 EUR (+0.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SHORT-TERM EURO BTP FULL1224 as long as the price remains well above 107.18 EUR. The buyers' bullish objective is set at 107.34 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 107.48 EUR. If there is any crossing, the next objective would be the resistance located at 107.64 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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Additional analysis
Quotes
The SHORT-TERM EURO BTP FULL1224 price is 107.24 EUR. The price registered an increase of +0.05% on the session with the lowest point at 107.16 EUR and the highest point at 107.24 EUR. The deviation from the price is +0.07% for the low point and 0% for the high point.107.16
107.24
107.24
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 SHORT-TERM EURO BTP FULL1224 indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 106.78 | 106.91 | 107.18 | 107.24 | 107.34 | 107.48 | 107.64 |
| Change (%) | -0.43% | -0.31% | -0.06% | - | +0.09% | +0.22% | +0.37% |
| Change | -0.46 | -0.33 | -0.06 | - | +0.10 | +0.24 | +0.40 |
| Level | Minor | Major | Minor | - | Major | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 106.89 | 106.97 | 107.08 | 107.16 | 107.27 | 107.35 | 107.46 |
| Camarilla | 107.14 | 107.16 | 107.17 | 107.19 | 107.21 | 107.23 | 107.24 |
| Woodie | 106.91 | 106.98 | 107.10 | 107.17 | 107.29 | 107.36 | 107.48 |
| Fibonacci | 106.97 | 107.04 | 107.09 | 107.16 | 107.23 | 107.28 | 107.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.41 | 106.60 | 106.81 | 107.00 | 107.21 | 107.40 | 107.61 |
| Camarilla | 106.92 | 106.96 | 106.99 | 107.03 | 107.07 | 107.10 | 107.14 |
| Woodie | 106.43 | 106.61 | 106.83 | 107.01 | 107.23 | 107.41 | 107.63 |
| Fibonacci | 106.60 | 106.75 | 106.84 | 107.00 | 107.15 | 107.24 | 107.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.19 | 105.93 | 106.40 | 107.14 | 107.61 | 108.35 | 108.82 |
| Camarilla | 106.55 | 106.66 | 106.77 | 106.88 | 106.99 | 107.10 | 107.21 |
| Woodie | 105.07 | 105.86 | 106.28 | 107.07 | 107.49 | 108.28 | 108.70 |
| Fibonacci | 105.93 | 106.39 | 106.67 | 107.14 | 107.60 | 107.88 | 108.35 |
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): | 57.91 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 8.41 | |
| AROON (14): | 7.15 | |
| DEMA (21): | 107.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 107.08 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 107.29 | |
| Zig ZAG (10): | 107.21 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 75.44 | |
| TEMA (21): | 107.18 | |
| Williams %R (14): | -15.79 | |
| Chande Momentum Oscillator (20): | 0.11 | |
| Repulse (5,40,3): | 0.0400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.01 |
| MA7: | 107.12 | |
| MA20: | 107.18 | |
| MA50: | 107.35 | |
| MA100: | 107.00 | |
| MAexp7: | 107.19 | |
| MAexp20: | 107.16 | |
| MAexp50: | 107.12 | |
| MAexp100: | 107.10 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | +0.06% | |
| Price / MA50: | -0.10% | |
| Price / MA100: | +0.22% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.13% |
Quotes :
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15 min delayed data
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Futures EUREX