EUR/CHF - 1H - Technical analysis published on 11/15/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.9680 CHF
My targets
0.9633 CHF (-0.0019)
0.9619 CHF (-0.0033)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for EUR/CHF as long as the price remains well below 0.9680 CHF. The sellers' bearish objective is set at 0.9633 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9619 CHF. If there is any crossing, the next objective would be the support located at 0.9596 CHF.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.5
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This analysis was given by Elly87653. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF price is 0.9652 CHF. The price is lower by -0.20% since the last closing with the lowest point at 0.9643 CHF and the highest point at 0.9676 CHF. The deviation from the price is +0.09% for the low point and -0.25% for the high point.0.9643
0.9676
0.9652
Here is a more detailed summary of the historical variations registered by EUR/CHF:
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
A technical analysis in 1H of this EUR/CHF chart shows a neutral trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9619 | 0.9633 | 0.9649 | 0.9652 | 0.9661 | 0.9680 | 0.9786 |
| Change (%) | -0.34% | -0.20% | -0.03% | - | +0.09% | +0.29% | +1.39% |
| Change | -0.0033 | -0.0019 | -0.0003 | - | +0.0009 | +0.0028 | +0.0134 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9614 | 0.9630 | 0.9650 | 0.9666 | 0.9686 | 0.9702 | 0.9722 |
| Camarilla | 0.9661 | 0.9664 | 0.9668 | 0.9671 | 0.9674 | 0.9678 | 0.9681 |
| Woodie | 0.9617 | 0.9631 | 0.9653 | 0.9667 | 0.9689 | 0.9703 | 0.9725 |
| Fibonacci | 0.9630 | 0.9643 | 0.9652 | 0.9666 | 0.9679 | 0.9688 | 0.9702 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9547 | 0.9572 | 0.9605 | 0.9630 | 0.9663 | 0.9688 | 0.9721 |
| Camarilla | 0.9623 | 0.9628 | 0.9634 | 0.9639 | 0.9644 | 0.9650 | 0.9655 |
| Woodie | 0.9552 | 0.9574 | 0.9610 | 0.9632 | 0.9668 | 0.9690 | 0.9726 |
| Fibonacci | 0.9572 | 0.9594 | 0.9608 | 0.9630 | 0.9652 | 0.9666 | 0.9688 |
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): | 33.29 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -16.7309 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.9665 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9675 | |
| Elder Ray (13): | -0.0014 | |
| Super Trend (3,10): | 0.9647 | |
| Zig ZAG (10): | 0.9647 | |
| VORTEX (21): | 0.8906 | |
| Stochastique (14,3,5): | 10.76 | |
| TEMA (21): | 0.9661 | |
| Williams %R (14): | -81.82 | |
| Chande Momentum Oscillator (20): | -0.0020 | |
| Repulse (5,40,3): | -0.1399 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 0.19 |
| MA7: | 0.9642 | |
| MA20: | 0.9577 | |
| MA50: | 0.9587 | |
| MA100: | 0.9603 | |
| MAexp7: | 0.9660 | |
| MAexp20: | 0.9664 | |
| MAexp50: | 0.9658 | |
| MAexp100: | 0.9650 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +0.78% | |
| Price / MA50: | +0.68% | |
| Price / MA100: | +0.51% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | +0.02% |
Quotes :
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Real time data
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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:
-
EUR/CHF Forecast November 8, 2022
-
EUR/CHF Forecast September 30, 2022
-
Trading the Trend: #EURCHF to continue downwards?
-
EUR/CHF Forecast September 9, 2022
-
Trade of the Week 22/08 - Short EUR/CHF
This member declared not having a position on this financial instrument or a related financial instrument.
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