CAD/CHF - 1H - Technical analysis published on 11/19/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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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
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
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:
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
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
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7443 | 0.7454 | 0.7473 | 0.7484 | 0.7503 | 0.7514 | 0.7533 |
| Camarilla | 0.7483 | 0.7486 | 0.7488 | 0.7491 | 0.7494 | 0.7497 | 0.7499 |
| Woodie | 0.7446 | 0.7456 | 0.7476 | 0.7486 | 0.7506 | 0.7516 | 0.7536 |
| Fibonacci | 0.7454 | 0.7466 | 0.7473 | 0.7484 | 0.7496 | 0.7503 | 0.7514 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7330 | 0.7385 | 0.7435 | 0.7490 | 0.7540 | 0.7595 | 0.7645 |
| Camarilla | 0.7456 | 0.7466 | 0.7475 | 0.7485 | 0.7495 | 0.7504 | 0.7514 |
| Woodie | 0.7328 | 0.7384 | 0.7433 | 0.7489 | 0.7538 | 0.7594 | 0.7643 |
| Fibonacci | 0.7385 | 0.7425 | 0.7450 | 0.7490 | 0.7530 | 0.7555 | 0.7595 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7198 | 0.7315 | 0.7403 | 0.7520 | 0.7608 | 0.7725 | 0.7813 |
| Camarilla | 0.7434 | 0.7452 | 0.7471 | 0.7490 | 0.7509 | 0.7528 | 0.7546 |
| Woodie | 0.7183 | 0.7308 | 0.7388 | 0.7513 | 0.7593 | 0.7718 | 0.7798 |
| Fibonacci | 0.7315 | 0.7394 | 0.7442 | 0.7520 | 0.7599 | 0.7647 | 0.7725 |
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:
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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