CAD/CHF - 1H - Technical analysis published on 12/12/2019 (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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.7447 CHF
My targets
0.7491 CHF (+0.0012)
0.7517 CHF (+0.0038)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/CHF as long as the price remains well above 0.7447 CHF. The buyers” bullish objective is set at 0.7491 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7517 CHF. If there is any crossing, the next objective would be the resistance located at 0.7544 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.2
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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 0.7479 CHF. The price registered an increase of +0.28% on the session and was traded between 0.7444 CHF and 0.7489 CHF over the period. The price is currently at +0.47% from its lowest and -0.13% from its highest.0.7444
0.7489
0.7479
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 strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7423 | 0.7447 | 0.7478 | 0.7479 | 0.7491 | 0.7517 | 0.7544 |
| Change (%) | -0.75% | -0.43% | -0.01% | - | +0.16% | +0.51% | +0.87% |
| Change | -0.0056 | -0.0032 | -0.0001 | - | +0.0012 | +0.0038 | +0.0065 |
| Level | Intermediate | Major | Major | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7390 | 0.7412 | 0.7435 | 0.7457 | 0.7480 | 0.7502 | 0.7525 |
| Camarilla | 0.7446 | 0.7450 | 0.7454 | 0.7458 | 0.7462 | 0.7466 | 0.7470 |
| Woodie | 0.7391 | 0.7412 | 0.7436 | 0.7457 | 0.7481 | 0.7502 | 0.7526 |
| Fibonacci | 0.7412 | 0.7429 | 0.7440 | 0.7457 | 0.7474 | 0.7485 | 0.7502 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7283 | 0.7346 | 0.7410 | 0.7473 | 0.7537 | 0.7600 | 0.7664 |
| Camarilla | 0.7438 | 0.7450 | 0.7461 | 0.7473 | 0.7485 | 0.7496 | 0.7508 |
| Woodie | 0.7283 | 0.7346 | 0.7410 | 0.7473 | 0.7537 | 0.7600 | 0.7664 |
| Fibonacci | 0.7346 | 0.7395 | 0.7425 | 0.7473 | 0.7522 | 0.7552 | 0.7600 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 62.69 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 11.5883 | |
| AROON (14): | 7.1428 | |
| DEMA (21): | 0.7468 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7444 | |
| Elder Ray (13): | 0.0016 | |
| Super Trend (3,10): | 0.7447 | |
| Zig ZAG (10): | 0.7482 | |
| VORTEX (21): | 1.1117 | |
| Stochastique (14,3,5): | 85.32 | |
| TEMA (21): | 0.7471 | |
| Williams %R (14): | -15.56 | |
| Chande Momentum Oscillator (20): | 0.0021 | |
| Repulse (5,40,3): | 0.2048 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0058 | |
| Courbe Coppock: | 0.20 |
| MA7: | 0.7471 | |
| MA20: | 0.7480 | |
| MA50: | 0.7507 | |
| MA100: | 0.7473 | |
| MAexp7: | 0.7470 | |
| MAexp20: | 0.7462 | |
| MAexp50: | 0.7458 | |
| MAexp100: | 0.7461 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | -0.37% | |
| Price / MA100: | +0.08% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.28% | |
| 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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