CAD/CHF - 1H - Technical analysis published on 10/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.7529 CHF
My targets
0.7489 CHF (-0.35%)
0.7448 CHF (-0.89%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAD/CHF as long as the price remains well below 0.7529 CHF. The sellers” bearish objective is set at 0.7489 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.7448 CHF. In case of crossing, the next objective would be the support located at 0.7434 CHF.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.4
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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 rating is 0.7515 CHF. The price registered a decrease of -0.21% on the session and was traded between 0.7514 CHF and 0.7533 CHF over the period. The price is currently at +0.01% from its lowest and -0.24% from its highest.0.7514
0.7533
0.7515
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is bearish. 75% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7434 | 0.7448 | 0.7489 | 0.7515 | 0.7529 | 0.7544 | 0.7570 |
| Change (%) | -1.08% | -0.89% | -0.35% | - | +0.19% | +0.39% | +0.73% |
| Change | -0.0081 | -0.0067 | -0.0026 | - | +0.0014 | +0.0029 | +0.0055 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7481 | 0.7505 | 0.7518 | 0.7542 | 0.7555 | 0.7579 | 0.7592 |
| Camarilla | 0.7521 | 0.7524 | 0.7528 | 0.7531 | 0.7534 | 0.7538 | 0.7541 |
| Woodie | 0.7476 | 0.7502 | 0.7513 | 0.7539 | 0.7550 | 0.7576 | 0.7587 |
| Fibonacci | 0.7505 | 0.7519 | 0.7528 | 0.7542 | 0.7556 | 0.7565 | 0.7579 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7330 | 0.7382 | 0.7467 | 0.7519 | 0.7604 | 0.7656 | 0.7741 |
| Camarilla | 0.7515 | 0.7528 | 0.7540 | 0.7553 | 0.7566 | 0.7578 | 0.7591 |
| Woodie | 0.7348 | 0.7390 | 0.7485 | 0.7527 | 0.7622 | 0.7664 | 0.7759 |
| Fibonacci | 0.7382 | 0.7434 | 0.7466 | 0.7519 | 0.7571 | 0.7603 | 0.7656 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7233 | 0.7306 | 0.7419 | 0.7492 | 0.7605 | 0.7678 | 0.7791 |
| Camarilla | 0.7482 | 0.7499 | 0.7516 | 0.7533 | 0.7550 | 0.7567 | 0.7584 |
| Woodie | 0.7254 | 0.7316 | 0.7440 | 0.7502 | 0.7626 | 0.7688 | 0.7812 |
| Fibonacci | 0.7306 | 0.7377 | 0.7421 | 0.7492 | 0.7563 | 0.7607 | 0.7678 |
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): | 32.57 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -13.1615 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 0.7521 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7544 | |
| Elder Ray (13): | -0.0007 | |
| Super Trend (3,10): | 0.7545 | |
| Zig ZAG (10): | 0.7516 | |
| VORTEX (21): | 0.8557 | |
| Stochastique (14,3,5): | 10.12 | |
| TEMA (21): | 0.7519 | |
| Williams %R (14): | -85.19 | |
| Chande Momentum Oscillator (20): | -0.0019 | |
| Repulse (5,40,3): | -0.0639 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0121 | |
| Courbe Coppock: | 0.54 |
| MA7: | 0.7522 | |
| MA20: | 0.7494 | |
| MA50: | 0.7451 | |
| MA100: | 0.7464 | |
| MAexp7: | 0.7523 | |
| MAexp20: | 0.7531 | |
| MAexp50: | 0.7538 | |
| MAexp100: | 0.7533 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | +0.28% | |
| Price / MA50: | +0.86% | |
| Price / MA100: | +0.68% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.21% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -0.24% |
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.
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