CAD/CHF - 1H - Technical analysis published on 12/06/2019 (GMT)
- Who voted?
- 190
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
17%
50%
33%
My opinion
Neutral between 0.7462 CHF and 0.7500 CHF
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CAD/CHF. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.7500 CHF. The first support is located at 0.7462 CHF. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAD/CHF rating 0.7487 CHF. On the day, this instrument lost -0.05% and was between 0.7484 CHF and 0.7494 CHF. This implies that the price is at +0.04% from its lowest and at -0.09% from its highest.0.7484
0.7494
0.7487
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CAD/CHF in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is low given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
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 : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
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 | 0.7487 | 0.7500 | 0.7526 | 0.7536 |
| Change (%) | -0.55% | -0.33% | -0.04% | - | +0.17% | +0.52% | +0.65% |
| Change | -0.0041 | -0.0025 | -0.0003 | - | +0.0013 | +0.0039 | +0.0049 |
| 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 | 0.7448 | 0.7467 | 0.7479 | 0.7498 | 0.7510 | 0.7529 | 0.7541 |
| Camarilla | 0.7483 | 0.7485 | 0.7488 | 0.7491 | 0.7494 | 0.7497 | 0.7500 |
| Woodie | 0.7445 | 0.7465 | 0.7476 | 0.7496 | 0.7507 | 0.7527 | 0.7538 |
| Fibonacci | 0.7467 | 0.7479 | 0.7486 | 0.7498 | 0.7510 | 0.7517 | 0.7529 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.40 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 2.1761 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.7494 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7503 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 0.7480 | |
| Zig ZAG (10): | 0.7488 | |
| VORTEX (21): | 0.9889 | |
| Stochastique (14,3,5): | 5.11 | |
| TEMA (21): | 0.7488 | |
| Williams %R (14): | -90.91 | |
| Chande Momentum Oscillator (20): | -0.0008 | |
| Repulse (5,40,3): | 0.0176 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0076 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.7485 | |
| MA20: | 0.7485 | |
| MA50: | 0.7511 | |
| MA100: | 0.7475 | |
| MAexp7: | 0.7489 | |
| MAexp20: | 0.7491 | |
| MAexp50: | 0.7483 | |
| MAexp100: | 0.7481 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +0.03% | |
| Price / MA50: | -0.32% | |
| Price / MA100: | +0.16% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.08% |
News
Don"t forget to follow the news on CAD/CHF. At the time of publication of this analysis, the latest news 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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis CAD/CHF - 1H