CAD/CHF

- CHF (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	CADCHF
ISIN:

CAD/CHF - Daily - Technical analysis published on 10/21/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Bearish

De fond: Bearish

Technical indicators

17%

50%

33%

My opinion

Bearish under 0.6998 CHF

My targets

0.6773 CHF (-0.0112)

0.6682 CHF (-0.0203)

My analysis

There is a bearish trend on CAD/CHF both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.6998 CHF. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.6773 CHF. Then the price could move towards 0.6682 CHF. Be careful, a return to above the resistance 0.6998 CHF would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

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

Force

5.5

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 Jlozano2012. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CAD/CHF rating 0.6885 CHF. The price registered a decrease of -0.38% on the session and was between 0.6880 CHF and 0.6925 CHF. This implies that the price is at +0.07% from its lowest and at -0.58% from its highest.

0.6880

0.6925

0.6885

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CAD/CHF chart shows a bearish trend. The signals given by moving averages are at 75.00% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6682	0.6773	0.6885	0.6888	0.6998	0.7169
Change (%)	-2.95%	-1.63%	-	+0.04%	+1.64%	+4.12%
Change	-0.0203	-0.0112	-	+0.0003	+0.0113	+0.0284
Level	Minor	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6849	0.6864	0.6888	0.6903	0.6927	0.6942	0.6966
Camarilla	0.6900	0.6904	0.6907	0.6911	0.6915	0.6918	0.6922
Woodie	0.6853	0.6866	0.6892	0.6905	0.6931	0.6944	0.6970
Fibonacci	0.6864	0.6879	0.6888	0.6903	0.6918	0.6927	0.6942

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6811	0.6853	0.6894	0.6936	0.6977	0.7019	0.7060
Camarilla	0.6913	0.6921	0.6928	0.6936	0.6944	0.6951	0.6959
Woodie	0.6812	0.6853	0.6895	0.6936	0.6978	0.7019	0.7061
Fibonacci	0.6853	0.6884	0.6904	0.6936	0.6967	0.6987	0.7019

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6699	0.6779	0.6849	0.6929	0.6999	0.7079	0.7149
Camarilla	0.6878	0.6892	0.6905	0.6919	0.6933	0.6947	0.6960
Woodie	0.6694	0.6777	0.6844	0.6927	0.6994	0.7077	0.7144
Fibonacci	0.6779	0.6836	0.6872	0.6929	0.6986	0.7022	0.7079

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):	44.81
MACD (12,26,9):	0.0000
Directional Movement:	-4.5700
AROON (14):	-28.5714
DEMA (21):	0.6919
Parabolic SAR (0,02-0,02-0,2):	0.6975
Elder Ray (13):	-0.0013
Super Trend (3,10):	0.6846
Zig ZAG (10):	0.6884
VORTEX (21):	1.0222
Stochastique (14,3,5):	22.54
TEMA (21):	0.6915
Williams %R (14):	-96.91
Chande Momentum Oscillator (20):	-0.0017
Repulse (5,40,3):	-0.6738
ROCnROLL:	2
TRIX (15,9):	0.0067
Courbe Coppock:	0.27

MA7:	0.6923
MA20:	0.6920
MA50:	0.6916
MA100:	0.6929
MAexp7:	0.6913
MAexp20:	0.6918
MAexp50:	0.6918
MAexp100:	0.6937
Price / MA7:	-0.55%
Price / MA20:	-0.51%
Price / MA50:	-0.45%
Price / MA100:	-0.64%
Price / MAexp7:	-0.41%
Price / MAexp20:	-0.48%
Price / MAexp50:	-0.48%
Price / MAexp100:	-0.75%

Quotes : 2020-10-21 15:39:38 - Real time data - 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 Reversal

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

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