CAD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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High / Low range:	-

Type:	Forex
Ticker:	CADCHF
ISIN:

CAD/CHF - 1H - Technical analysis published on 03/19/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

11%

56%

33%

My opinion

Bullish above 0.6529 CHF

My targets

0.6565 CHF (+0.0027)

0.6606 CHF (+0.0068)

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 0.6529 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.6565 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 0.6606 CHF as an objective. Crossing it would then enable buyers to target 0.6744 CHF. If the support 0.6529 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, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

0.7

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

Additional analysis

Quotes

The CAD/CHF rating is 0.6538 CHF. The price is lower by -0.31% since the last closing with the lowest point at 0.6536 CHF and the highest point at 0.6562 CHF. The deviation from the price is +0.03% for the low point and -0.37% for the high point.

0.6536

0.6562

0.6538

Here is a more detailed summary of the historical variations registered by CAD/CHF:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

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

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6504	0.6515	0.6529	0.6538	0.6541	0.6565	0.6606
Change (%)	-0.52%	-0.35%	-0.14%	-	+0.05%	+0.41%	+1.04%
Change	-0.0034	-0.0023	-0.0009	-	+0.0003	+0.0027	+0.0068
Level	Minor	Intermediate	Minor	-	Minor	Intermediate	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	0.6475	0.6495	0.6526	0.6546	0.6577	0.6597	0.6628
Camarilla	0.6544	0.6549	0.6553	0.6558	0.6563	0.6567	0.6572
Woodie	0.6482	0.6498	0.6533	0.6549	0.6584	0.6600	0.6635
Fibonacci	0.6495	0.6514	0.6526	0.6546	0.6565	0.6577	0.6597

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6445	0.6468	0.6492	0.6515	0.6539	0.6562	0.6586
Camarilla	0.6502	0.6506	0.6511	0.6515	0.6519	0.6524	0.6528
Woodie	0.6445	0.6468	0.6492	0.6515	0.6539	0.6562	0.6586
Fibonacci	0.6468	0.6486	0.6497	0.6515	0.6533	0.6544	0.6562

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6255	0.6325	0.6421	0.6491	0.6587	0.6657	0.6753
Camarilla	0.6472	0.6488	0.6503	0.6518	0.6533	0.6548	0.6564
Woodie	0.6269	0.6332	0.6435	0.6498	0.6601	0.6664	0.6767
Fibonacci	0.6325	0.6388	0.6427	0.6491	0.6554	0.6593	0.6657

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):	45.76
MACD (12,26,9):	0.0003
Directional Movement:	-9.5532
AROON (14):	-92.8571
DEMA (21):	0.6555
Parabolic SAR (0,02-0,02-0,2):	0.6562
Elder Ray (13):	-0.0011
Super Trend (3,10):	0.6565
Zig ZAG (10):	0.6544
VORTEX (21):	1.1312
Stochastique (14,3,5):	27.73
TEMA (21):	0.6554
Williams %R (14):	-70.37
Chande Momentum Oscillator (20):	-0.0013
Repulse (5,40,3):	-0.1117
ROCnROLL:	-1
TRIX (15,9):	0.0140
Courbe Coppock:	0.07

MA7:	0.6526
MA20:	0.6517
MA50:	0.6477
MA100:	0.6469
MAexp7:	0.6549
MAexp20:	0.6550
MAexp50:	0.6542
MAexp100:	0.6533
Price / MA7:	+0.18%
Price / MA20:	+0.32%
Price / MA50:	+0.94%
Price / MA100:	+1.07%
Price / MAexp7:	-0.18%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.08%
Price / MAexp100:	+0.06%

Quotes : - Real time data - 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 Reversal

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

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