CAD/CHF - 1H - Technical analysis published on 05/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 0.7442 CHF
My targets
0.7477 CHF (+0.0025)
0.7513 CHF (+0.0061)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAD/CHF. As long as you are above the support located at 0.7442 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.7477 CHF would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.7513 CHF as an objective. Crossing it would then enable buyers to target 0.7617 CHF. If the support 0.7442 CHF were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF price is 0.7452 CHF. On the day, this instrument lost -0.20% and was between 0.7442 CHF and 0.7472 CHF. This implies that the price is at +0.13% from its lowest and at -0.27% from its highest.0.7442
0.7472
0.7452
Here is a more detailed summary of the historical variations registered by CAD/CHF:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral 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.
On the 18 technical indicators analysed, 3 are bullish, 10 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
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:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7396 | 0.7415 | 0.7442 | 0.7452 | 0.7454 | 0.7477 | 0.7513 |
| Change (%) | -0.75% | -0.50% | -0.13% | - | +0.03% | +0.34% | +0.82% |
| Change | -0.0056 | -0.0037 | -0.0010 | - | +0.0002 | +0.0025 | +0.0061 |
| Level | Intermediate | Minor | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7367 | 0.7391 | 0.7429 | 0.7453 | 0.7491 | 0.7515 | 0.7553 |
| Camarilla | 0.7450 | 0.7456 | 0.7461 | 0.7467 | 0.7473 | 0.7478 | 0.7484 |
| Woodie | 0.7374 | 0.7395 | 0.7436 | 0.7457 | 0.7498 | 0.7519 | 0.7560 |
| Fibonacci | 0.7391 | 0.7415 | 0.7429 | 0.7453 | 0.7477 | 0.7491 | 0.7515 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7224 | 0.7270 | 0.7350 | 0.7396 | 0.7476 | 0.7522 | 0.7602 |
| Camarilla | 0.7395 | 0.7407 | 0.7419 | 0.7430 | 0.7442 | 0.7453 | 0.7465 |
| Woodie | 0.7241 | 0.7279 | 0.7367 | 0.7405 | 0.7493 | 0.7531 | 0.7619 |
| Fibonacci | 0.7270 | 0.7318 | 0.7348 | 0.7396 | 0.7444 | 0.7474 | 0.7522 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7010 | 0.7133 | 0.7282 | 0.7405 | 0.7554 | 0.7677 | 0.7826 |
| Camarilla | 0.7355 | 0.7380 | 0.7405 | 0.7430 | 0.7455 | 0.7480 | 0.7505 |
| Woodie | 0.7022 | 0.7140 | 0.7294 | 0.7412 | 0.7566 | 0.7684 | 0.7838 |
| Fibonacci | 0.7133 | 0.7237 | 0.7301 | 0.7405 | 0.7509 | 0.7573 | 0.7677 |
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): | 51.74 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 5.5173 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 0.7465 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7476 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 0.7439 | |
| Zig ZAG (10): | 0.7456 | |
| VORTEX (21): | 1.1488 | |
| Stochastique (14,3,5): | 32.18 | |
| TEMA (21): | 0.7465 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | -0.0712 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0120 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.7435 | |
| MA20: | 0.7375 | |
| MA50: | 0.7392 | |
| MA100: | 0.7196 | |
| MAexp7: | 0.7458 | |
| MAexp20: | 0.7458 | |
| MAexp50: | 0.7448 | |
| MAexp100: | 0.7437 | |
| Price / MA7: | +0.23% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | +0.81% | |
| Price / MA100: | +3.56% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.20% |
Quotes :
-
Real time data
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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 ReversalThis member declared not having a position on this financial instrument or a related financial instrument.
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