CAD/CHF - 15 min. - Technical analysis published on 02/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.6535 CHF
My targets
0.6544 CHF (+0.0005)
0.6555 CHF (+0.0016)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/CHF as long as the price remains well above 0.6535 CHF. The buyers' bullish objective is set at 0.6544 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6555 CHF. If there is any crossing, the next objective would be the resistance located at 0.6564 CHF. 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
7.9
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF rating is 0.6539 CHF. The price has increased by +0.11% since the last closing and was traded between 0.6520 CHF and 0.6541 CHF over the period. The price is currently at +0.29% from its lowest and -0.03% from its highest.0.6520
0.6541
0.6539
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
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 (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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 15 min. shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
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 | 0.6482 | 0.6520 | 0.6537 | 0.6539 | 0.6547 | 0.6560 | 0.6606 |
| Change (%) | -0.87% | -0.29% | -0.03% | - | +0.12% | +0.32% | +1.02% |
| Change | -0.0057 | -0.0019 | -0.0002 | - | +0.0008 | +0.0021 | +0.0067 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.6504 | 0.6515 | 0.6524 | 0.6535 | 0.6544 | 0.6555 | 0.6564 |
| Camarilla | 0.6527 | 0.6528 | 0.6530 | 0.6532 | 0.6534 | 0.6536 | 0.6538 |
| Woodie | 0.6502 | 0.6515 | 0.6522 | 0.6535 | 0.6542 | 0.6555 | 0.6562 |
| Fibonacci | 0.6515 | 0.6523 | 0.6528 | 0.6535 | 0.6543 | 0.6548 | 0.6555 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6418 | 0.6452 | 0.6492 | 0.6526 | 0.6566 | 0.6600 | 0.6640 |
| Camarilla | 0.6512 | 0.6518 | 0.6525 | 0.6532 | 0.6539 | 0.6546 | 0.6552 |
| Woodie | 0.6421 | 0.6454 | 0.6495 | 0.6528 | 0.6569 | 0.6602 | 0.6643 |
| Fibonacci | 0.6452 | 0.6480 | 0.6498 | 0.6526 | 0.6554 | 0.6572 | 0.6600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6188 | 0.6257 | 0.6338 | 0.6407 | 0.6488 | 0.6557 | 0.6638 |
| Camarilla | 0.6379 | 0.6393 | 0.6406 | 0.6420 | 0.6434 | 0.6448 | 0.6461 |
| Woodie | 0.6195 | 0.6260 | 0.6345 | 0.6410 | 0.6495 | 0.6560 | 0.6645 |
| Fibonacci | 0.6257 | 0.6314 | 0.6349 | 0.6407 | 0.6464 | 0.6499 | 0.6557 |
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): | 58.93 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 2.1426 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 0.6538 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6535 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.6528 | |
| Zig ZAG (10): | 0.6539 | |
| VORTEX (21): | 1.0658 | |
| Stochastique (14,3,5): | 70.83 | |
| TEMA (21): | 0.6539 | |
| Williams %R (14): | -37.50 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | 0.0160 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0025 | |
| Courbe Coppock: | 0.06 |
| MA7: | 0.6528 | |
| MA20: | 0.6469 | |
| MA50: | 0.6436 | |
| MA100: | 0.6487 | |
| MAexp7: | 0.6538 | |
| MAexp20: | 0.6537 | |
| MAexp50: | 0.6536 | |
| MAexp100: | 0.6535 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +1.08% | |
| Price / MA50: | +1.60% | |
| Price / MA100: | +0.80% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.06% |
Quotes :
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Real time data
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Forex
News
The last news published on CAD/CHF at the time of the generation of this analysis was as follows:
CAD/CHF Finds the Proper Blend of Fuel and Clearance for ReversalThis member declared not having a position on this financial instrument or a related financial instrument.
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