CAD/CHF - 1H - Technical analysis published on 05/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
17%
67%
17%
My opinion
Neutral between 0.6544 CHF and 0.6595 CHF
My targets
-
My analysis
The short-term decline on CAD/CHF remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 0.6544 CHF. The first resistance is located at 0.6595 CHF. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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 adamrak12. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAD/CHF rating 0.6575 CHF. The price registered a decrease of -0.36% on the session and was between 0.6574 CHF and 0.6605 CHF. This implies that the price is at +0.02% from its lowest and at -0.45% from its highest.0.6574
0.6605
0.6575
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
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
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.6499 | 0.6525 | 0.6544 | 0.6575 | 0.6595 | 0.6620 | 0.6662 |
| Change (%) | -1.16% | -0.76% | -0.47% | - | +0.30% | +0.68% | +1.32% |
| Change | -0.0076 | -0.0050 | -0.0031 | - | +0.0020 | +0.0045 | +0.0087 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6497 | 0.6520 | 0.6560 | 0.6583 | 0.6623 | 0.6646 | 0.6686 |
| Camarilla | 0.6582 | 0.6588 | 0.6593 | 0.6599 | 0.6605 | 0.6611 | 0.6616 |
| Woodie | 0.6505 | 0.6524 | 0.6568 | 0.6587 | 0.6631 | 0.6650 | 0.6694 |
| Fibonacci | 0.6520 | 0.6544 | 0.6559 | 0.6583 | 0.6607 | 0.6622 | 0.6646 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6422 | 0.6460 | 0.6530 | 0.6568 | 0.6638 | 0.6676 | 0.6746 |
| Camarilla | 0.6569 | 0.6579 | 0.6589 | 0.6599 | 0.6609 | 0.6619 | 0.6629 |
| Woodie | 0.6437 | 0.6468 | 0.6545 | 0.6576 | 0.6653 | 0.6684 | 0.6761 |
| Fibonacci | 0.6460 | 0.6502 | 0.6527 | 0.6568 | 0.6610 | 0.6635 | 0.6676 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6150 | 0.6324 | 0.6462 | 0.6636 | 0.6774 | 0.6948 | 0.7086 |
| Camarilla | 0.6513 | 0.6542 | 0.6570 | 0.6599 | 0.6628 | 0.6656 | 0.6685 |
| Woodie | 0.6131 | 0.6315 | 0.6443 | 0.6627 | 0.6755 | 0.6939 | 0.7067 |
| Fibonacci | 0.6324 | 0.6444 | 0.6517 | 0.6636 | 0.6756 | 0.6829 | 0.6948 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.20 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -11.2829 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 0.6595 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6605 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 0.6574 | |
| Zig ZAG (10): | 0.6576 | |
| VORTEX (21): | 1.1045 | |
| Stochastique (14,3,5): | 10.44 | |
| TEMA (21): | 0.6591 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.0024 | |
| Repulse (5,40,3): | -0.2839 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0144 | |
| Courbe Coppock: | 0.16 |
| MA7: | 0.6568 | |
| MA20: | 0.6649 | |
| MA50: | 0.6734 | |
| MA100: | 0.6800 | |
| MAexp7: | 0.6588 | |
| MAexp20: | 0.6589 | |
| MAexp50: | 0.6579 | |
| MAexp100: | 0.6576 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -1.11% | |
| Price / MA50: | -2.36% | |
| Price / MA100: | -3.31% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.06% | |
| Price / MAexp100: | -0.02% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on CAD/CHF at the time of the analysis were 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…
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