CAD/CHF - 1H - Technical analysis published on 12/05/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 0.7484 CHF
My targets
0.7507 CHF (+0.0009)
0.7526 CHF (+0.0028)
My analysis
CAD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.7484 CHF. The next resistance located at 0.7507 CHF is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.7526 CHF. After this resistance, buyers could then target 0.7536 CHF.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.7
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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 0.7498 CHF. The price has increased by +0.09% since the last closing and was traded between 0.7486 CHF and 0.7507 CHF over the period. The price is currently at +0.16% from its lowest and -0.12% from its highest.0.7486
0.7507
0.7498
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/CHF:
Technical
Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is bullish. 75% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
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 these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7446 | 0.7462 | 0.7484 | 0.7498 | 0.7507 | 0.7526 | 0.7536 |
| Change (%) | -0.69% | -0.48% | -0.19% | - | +0.12% | +0.37% | +0.51% |
| Change | -0.0052 | -0.0036 | -0.0014 | - | +0.0009 | +0.0028 | +0.0038 |
| Level | Minor | Minor | Intermediate | - | Minor | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7351 | 0.7382 | 0.7437 | 0.7468 | 0.7523 | 0.7554 | 0.7609 |
| Camarilla | 0.7467 | 0.7475 | 0.7483 | 0.7491 | 0.7499 | 0.7507 | 0.7515 |
| Woodie | 0.7362 | 0.7388 | 0.7448 | 0.7474 | 0.7534 | 0.7560 | 0.7620 |
| Fibonacci | 0.7382 | 0.7415 | 0.7436 | 0.7468 | 0.7501 | 0.7522 | 0.7554 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7444 | 0.7464 | 0.7496 | 0.7516 | 0.7548 | 0.7568 | 0.7600 |
| Camarilla | 0.7515 | 0.7520 | 0.7524 | 0.7529 | 0.7534 | 0.7539 | 0.7543 |
| Woodie | 0.7451 | 0.7467 | 0.7503 | 0.7519 | 0.7555 | 0.7571 | 0.7607 |
| Fibonacci | 0.7464 | 0.7484 | 0.7496 | 0.7516 | 0.7536 | 0.7548 | 0.7568 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7300 | 0.7362 | 0.7446 | 0.7508 | 0.7592 | 0.7654 | 0.7738 |
| Camarilla | 0.7489 | 0.7502 | 0.7516 | 0.7529 | 0.7542 | 0.7556 | 0.7569 |
| Woodie | 0.7310 | 0.7368 | 0.7456 | 0.7514 | 0.7602 | 0.7660 | 0.7748 |
| Fibonacci | 0.7362 | 0.7418 | 0.7453 | 0.7508 | 0.7564 | 0.7599 | 0.7654 |
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): | 65.25 | |
| MACD (12,26,9): | 0.0011 | |
| Directional Movement: | 10.9306 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 0.7505 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7490 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 0.7475 | |
| Zig ZAG (10): | 0.7501 | |
| VORTEX (21): | 1.3278 | |
| Stochastique (14,3,5): | 69.25 | |
| TEMA (21): | 0.7508 | |
| Williams %R (14): | -38.10 | |
| Chande Momentum Oscillator (20): | 0.0006 | |
| Repulse (5,40,3): | 0.0469 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0256 | |
| Courbe Coppock: | 0.21 |
| MA7: | 0.7490 | |
| MA20: | 0.7488 | |
| MA50: | 0.7511 | |
| MA100: | 0.7475 | |
| MAexp7: | 0.7499 | |
| MAexp20: | 0.7489 | |
| MAexp50: | 0.7475 | |
| MAexp100: | 0.7476 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | +0.13% | |
| Price / MA50: | -0.17% | |
| Price / MA100: | +0.31% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +0.29% |
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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