CAD/CHF
CAD CHF
0.7472 CHF (-0.23%)
Real time - Forex
Open: 0.7489
Change: -0.0017
Volume: 116,442
Low: 0.7442
High: 0.7493
High / Low range: 0.0051
Type: Forex
Ticker: CADCHF
ISIN:

CAD/CHF - 1H - Technical analysis published on 11/19/2019

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bearish
De fond: Slightly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.7466 CHF
My targets
0.7447 CHF (-0.25%)
0.7423 CHF (-0.58%)
My analysis
The basic trend is currently slightly bearish on CAD/CHF and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 0.7466 CHF, sales could be favoured. The first bearish objective would be located at 0.7447 CHF. Sellers would then use the next support located at 0.7423 CHF as an objective. Crossing it would then enable sellers to target 0.7399 CHF. A return to above the resistance at 0.7466 CHF could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
5.2

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The CAD/CHF price is 0.7466 CHF. The price registered a decrease of -0.33% on the session and was between 0.7463 CHF and 0.7512 CHF. This implies that the price is at +0.04% from its lowest and at -0.61% from its highest.

0.7463
0.7512
0.7466

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

Technical


Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. The overall trend remains fragile, reflecting the slightly bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 0.7399 0.7423 0.7447 0.7466 0.7466 0.7482 0.7506
Change (%) -0.90% -0.58% -0.25% 0% - +0.21% +0.54%
Change -0.0067 -0.0043 -0.0019 0 - +0.0016 +0.0040
Level Intermediate Minor Major Intermediate - Minor Intermediate



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
Standard0.74430.74540.74730.74840.75030.75140.7533
Camarilla0.74830.74860.74880.74910.74940.74970.7499
Woodie0.74460.74560.74760.74860.75060.75160.7536
Fibonacci0.74540.74660.74730.74840.74960.75030.7514


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.73300.73850.74350.74900.75400.75950.7645
Camarilla0.74560.74660.74750.74850.74950.75040.7514
Woodie0.73280.73840.74330.74890.75380.75940.7643
Fibonacci0.73850.74250.74500.74900.75300.75550.7595


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.71980.73150.74030.75200.76080.77250.7813
Camarilla0.74340.74520.74710.74900.75090.75280.7546
Woodie0.71830.73080.73880.75130.75930.77180.7798
Fibonacci0.73150.73940.74420.75200.75990.76470.7725

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): 37.10
MACD (12,26,9): -0.0004
Directional Movement: -13.2463
AROON (14): -42.8571
DEMA (21): 0.7484
Parabolic SAR (0,02-0,02-0,2): 0.7501
Elder Ray (13): -0.0017
Super Trend (3,10): 0.7499
Zig ZAG (10): 0.7468
VORTEX (21): 0.8861
Stochastique (14,3,5): 7.48
TEMA (21): 0.7477
Williams %R (14): -89.80
Chande Momentum Oscillator (20): -0.0030
Repulse (5,40,3): -0.1439
ROCnROLL: 2
TRIX (15,9): 0.0010
Courbe Coppock: 0.44
MA7: 0.7482
MA20: 0.7528
MA50: 0.7510
MA100: 0.7484
MAexp7: 0.7478
MAexp20: 0.7487
MAexp50: 0.7487
MAexp100: 0.7487
Price / MA7: -0.21%
Price / MA20: -0.82%
Price / MA50: -0.59%
Price / MA100: -0.24%
Price / MAexp7: -0.16%
Price / MAexp20: -0.28%
Price / MAexp50: -0.28%
Price / MAexp100: -0.28%

News


The last news published on CAD/CHF at the time of the generation of this analysis was as follows:

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

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