CAD/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADCHF
ISIN:

CAD/CHF - 15 min. - Technical analysis published on 03/19/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 0.6546 CHF

My targets

0.6526 CHF (-0.0011)

0.6495 CHF (-0.0042)

My analysis

CAD/CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6546 CHF. The next support located at 0.6526 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6495 CHF. Below this support, sellers could then target 0.6475 CHF.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

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

CAD/CHF rating 0.6537 CHF. On the day, this instrument lost -0.32% and was between 0.6536 CHF and 0.6562 CHF. This implies that the price is at +0.02% from its lowest and at -0.38% from its highest.

0.6536

0.6562

0.6537

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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 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 15 min. chart of CAD/CHF indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : 15 minutes

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 15 minutes

Support of channel is broken

Type : Bearish

Timeframe : 15 minutes

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.6504	0.6515	0.6529	0.6537	0.6541	0.6565	0.6606
Change (%)	-0.50%	-0.34%	-0.12%	-	+0.06%	+0.43%	+1.06%
Change	-0.0033	-0.0022	-0.0008	-	+0.0004	+0.0028	+0.0069
Level	Minor	Intermediate	Minor	-	Minor	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.6475	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):	25.71
MACD (12,26,9):	-0.0003
Directional Movement:	-17.1387
AROON (14):	-21.4285
DEMA (21):	0.6547
Parabolic SAR (0,02-0,02-0,2):	0.6560
Elder Ray (13):	-0.0010
Super Trend (3,10):	0.6554
Zig ZAG (10):	0.6539
VORTEX (21):	0.8000
Stochastique (14,3,5):	10.73
TEMA (21):	0.6545
Williams %R (14):	-76.92
Chande Momentum Oscillator (20):	-0.0013
Repulse (5,40,3):	-0.1156
ROCnROLL:	2
TRIX (15,9):	-0.0040
Courbe Coppock:	0.22

MA7:	0.6526
MA20:	0.6517
MA50:	0.6477
MA100:	0.6469
MAexp7:	0.6545
MAexp20:	0.6551
MAexp50:	0.6553
MAexp100:	0.6549
Price / MA7:	+0.17%
Price / MA20:	+0.31%
Price / MA50:	+0.93%
Price / MA100:	+1.05%
Price / MAexp7:	-0.12%
Price / MAexp20:	-0.21%
Price / MAexp50:	-0.24%
Price / MAexp100:	-0.18%

Quotes : - 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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