EUR/CHF

- CHF (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	EURCHF
ISIN:

EUR/CHF - Daily - Technical analysis published on 11/10/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 0.9537 CHF

My targets

0.9680 CHF (+0.0046)

0.9786 CHF (+0.0152)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on EUR/CHF. This is a positive signal for buyers. As long as the price remains above 0.9537 CHF, a purchase could be considered. The first bullish objective is located at 0.9680 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9786 CHF as an objective. Crossing it would then enable buyers to target 0.9861 CHF. In the event of a return below 0.9537 CHF, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.2

Comment on the analysis

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 hannahfreeman. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/CHF rating is 0.9634 CHF. On the day, this instrument lost -0.01% with the lowest point at 0.9631 CHF and the highest point at 0.9644 CHF. The deviation from the price is +0.03% for the low point and -0.10% for the high point.

0.9631

0.9644

0.9634

Here is a more detailed summary of the historical variations registered by EUR/CHF:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

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

Technical

Technical analysis of this Daily chart of EUR/CHF indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9491	0.9537	0.9630	0.9634	0.9680	0.9786	0.9861
Change (%)	-1.48%	-1.01%	-0.04%	-	+0.48%	+1.58%	+2.36%
Change	-0.0143	-0.0097	-0.0004	-	+0.0046	+0.0152	+0.0227
Level	Major	Intermediate	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	0.9590	0.9604	0.9620	0.9634	0.9650	0.9664	0.9680
Camarilla	0.9627	0.9630	0.9632	0.9635	0.9638	0.9641	0.9643
Woodie	0.9590	0.9605	0.9620	0.9635	0.9650	0.9665	0.9680
Fibonacci	0.9604	0.9616	0.9623	0.9634	0.9646	0.9653	0.9664

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9421	0.9471	0.9553	0.9603	0.9685	0.9735	0.9817
Camarilla	0.9600	0.9612	0.9624	0.9636	0.9648	0.9660	0.9672
Woodie	0.9438	0.9479	0.9570	0.9611	0.9702	0.9743	0.9834
Fibonacci	0.9471	0.9521	0.9552	0.9603	0.9653	0.9684	0.9735

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9200	0.9309	0.9467	0.9576	0.9734	0.9843	1.0001
Camarilla	0.9553	0.9577	0.9602	0.9626	0.9651	0.9675	0.9699
Woodie	0.9226	0.9321	0.9493	0.9588	0.9760	0.9855	1.0027
Fibonacci	0.9309	0.9411	0.9474	0.9576	0.9678	0.9741	0.9843

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):	59.28
MACD (12,26,9):	0.0020
Directional Movement:	6.8808
AROON (14):	71.4286
DEMA (21):	0.9608
Parabolic SAR (0,02-0,02-0,2):	0.9552
Elder Ray (13):	0.0036
Super Trend (3,10):	0.9503
Zig ZAG (10):	0.9638
VORTEX (21):	1.0784
Stochastique (14,3,5):	90.96
TEMA (21):	0.9635
Williams %R (14):	-8.59
Chande Momentum Oscillator (20):	0.0162
Repulse (5,40,3):	0.2010
ROCnROLL:	1
TRIX (15,9):	0.0071
Courbe Coppock:	3.07

MA7:	0.9632
MA20:	0.9554
MA50:	0.9581
MA100:	0.9607
MAexp7:	0.9623
MAexp20:	0.9589
MAexp50:	0.9586
MAexp100:	0.9619
Price / MA7:	+0.02%
Price / MA20:	+0.84%
Price / MA50:	+0.55%
Price / MA100:	+0.28%
Price / MAexp7:	+0.11%
Price / MAexp20:	+0.47%
Price / MAexp50:	+0.50%
Price / MAexp100:	+0.16%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/CHF. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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