CAD/CHF
CAD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: CADCHF
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CAD/CHF - 1H - Technical analysis published on 03/18/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.7441 CHF
My targets
0.7477 CHF (+0.0017)
0.7543 CHF (+0.0083)
My analysis
CAD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.7441 CHF. The next resistance located at 0.7477 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.7543 CHF. After this resistance, buyers could then target 0.7617 CHF. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.6

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/CHF rating is 0.7460 CHF. The price registered an increase of +0.22% on the session and was between 0.7443 CHF and 0.7474 CHF. This implies that the price is at +0.23% from its lowest and at -0.19% from its highest.

0.7443
0.7474
0.7460

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by CAD/CHF:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is strongly bullish. 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. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.7424 0.7441 0.7456 0.7460 0.7477 0.7617 0.7791
Change (%) -0.48% -0.25% -0.05% - +0.23% +2.10% +4.44%
Change -0.0036 -0.0019 -0.0004 - +0.0017 +0.0157 +0.0331
Level Intermediate Minor Intermediate - Minor Major 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
Standard0.73880.74040.74240.74400.74600.74760.7496
Camarilla0.74340.74370.74410.74440.74470.74510.7454
Woodie0.73900.74050.74260.74410.74620.74770.7498
Fibonacci0.74040.74180.74260.74400.74540.74620.7476


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.72400.72850.73690.74140.74980.75430.7627
Camarilla0.74190.74300.74420.74540.74660.74780.7490
Woodie0.72610.72950.73900.74240.75190.75530.7648
Fibonacci0.72850.73340.73640.74140.74630.74930.7543


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66440.67990.69650.71200.72860.74410.7607
Camarilla0.70440.70730.71030.71320.71610.71910.7220
Woodie0.66510.68020.69720.71230.72930.74440.7614
Fibonacci0.67990.69210.69970.71200.72420.73180.7441

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): 66.51
MACD (12,26,9): 0.0006
Directional Movement: 15.6240
AROON (14): 92.8571
DEMA (21): 0.7454
Parabolic SAR (0,02-0,02-0,2): 0.7435
Elder Ray (13): 0.0011
Super Trend (3,10): 0.7429
Zig ZAG (10): 0.7463
VORTEX (21): 1.1324
Stochastique (14,3,5): 78.45
TEMA (21): 0.7457
Williams %R (14): -28.85
Chande Momentum Oscillator (20): 0.0021
Repulse (5,40,3): 0.0905
ROCnROLL: 1
TRIX (15,9): 0.0079
Courbe Coppock: 0.57
MA7: 0.7425
MA20: 0.7304
MA50: 0.7124
MA100: 0.7034
MAexp7: 0.7455
MAexp20: 0.7447
MAexp50: 0.7440
MAexp100: 0.7428
Price / MA7: +0.47%
Price / MA20: +2.14%
Price / MA50: +4.72%
Price / MA100: +6.06%
Price / MAexp7: +0.07%
Price / MAexp20: +0.17%
Price / MAexp50: +0.27%
Price / MAexp100: +0.43%

Quotes : 2021-03-18 08:54:01 - Real time data - Forex

News


The last news published on CAD/CHF at the time of the generation of this analysis was as follows:

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

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