CAD/CHF - 1H - Technical analysis published on 09/24/2020 (GMT)
- Who voted?
- 126
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.6901 CHF
My targets
0.6880 CHF (-0.0013)
0.6871 CHF (-0.0022)
My analysis
CAD/CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6901 CHF. The next support located at 0.6880 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6871 CHF. Below this support, sellers could then target 0.6864 CHF.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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 Jlozano2012. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF rating is 0.6893 CHF. On the day, this instrument lost -0.15% and was traded between 0.6888 CHF and 0.6904 CHF over the period. The price is currently at +0.07% from its lowest and -0.16% from its highest.0.6888
0.6904
0.6893
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 (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with 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, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle 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 | 0.6871 | 0.6880 | 0.6888 | 0.6893 | 0.6896 | 0.6901 | 0.6910 |
| Change (%) | -0.32% | -0.19% | -0.07% | - | +0.04% | +0.12% | +0.25% |
| Change | -0.0022 | -0.0013 | -0.0005 | - | +0.0003 | +0.0008 | +0.0017 |
| Level | Minor | Minor | Major | - | Minor | Minor | Minor |
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 | 0.6861 | 0.6878 | 0.6891 | 0.6908 | 0.6921 | 0.6938 | 0.6951 |
| Camarilla | 0.6895 | 0.6898 | 0.6900 | 0.6903 | 0.6906 | 0.6909 | 0.6911 |
| Woodie | 0.6858 | 0.6877 | 0.6888 | 0.6907 | 0.6918 | 0.6937 | 0.6948 |
| Fibonacci | 0.6878 | 0.6890 | 0.6897 | 0.6908 | 0.6920 | 0.6927 | 0.6938 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6830 | 0.6851 | 0.6877 | 0.6898 | 0.6924 | 0.6945 | 0.6971 |
| Camarilla | 0.6891 | 0.6895 | 0.6900 | 0.6904 | 0.6908 | 0.6913 | 0.6917 |
| Woodie | 0.6834 | 0.6852 | 0.6881 | 0.6899 | 0.6928 | 0.6946 | 0.6975 |
| Fibonacci | 0.6851 | 0.6869 | 0.6880 | 0.6898 | 0.6916 | 0.6927 | 0.6945 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6722 | 0.6766 | 0.6850 | 0.6894 | 0.6978 | 0.7022 | 0.7106 |
| Camarilla | 0.6898 | 0.6910 | 0.6921 | 0.6933 | 0.6945 | 0.6957 | 0.6968 |
| Woodie | 0.6741 | 0.6776 | 0.6869 | 0.6904 | 0.6997 | 0.7032 | 0.7125 |
| Fibonacci | 0.6766 | 0.6815 | 0.6845 | 0.6894 | 0.6943 | 0.6973 | 0.7022 |
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): | 40.30 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -11.8073 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.6905 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6915 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 0.6894 | |
| Zig ZAG (10): | 0.6894 | |
| VORTEX (21): | 0.8756 | |
| Stochastique (14,3,5): | 31.31 | |
| TEMA (21): | 0.6901 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.0004 | |
| Repulse (5,40,3): | -0.1771 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0023 | |
| Courbe Coppock: | 0.10 |
| MA7: | 0.6902 | |
| MA20: | 0.6923 | |
| MA50: | 0.6896 | |
| MA100: | 0.6940 | |
| MAexp7: | 0.6900 | |
| MAexp20: | 0.6904 | |
| MAexp50: | 0.6902 | |
| MAexp100: | 0.6900 | |
| Price / MA7: | -0.13% | |
| Price / MA20: | -0.43% | |
| Price / MA50: | -0.04% | |
| Price / MA100: | -0.68% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.10% |
Quotes :
2020-09-24 01:38:21
-
Real time data
-
Forex
News
Don"t forget to follow the news on CAD/CHF. At the time of publication of this analysis, the latest news 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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CAD/CHF - 1H