CAD/CHF - 1H - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
72%
6%
My opinion
Bearish under 0.7434 CHF
My targets
0.7373 CHF (-0.0046)
0.7338 CHF (-0.0081)
My analysis
The bearish trend is currently very strong for CAD/CHF. As long as the price remains below the resistance at 0.7434 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.7373 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.7338 CHF as an objective. Crossing it would then enable sellers to target 0.7313 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.7
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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 0.7419 CHF. On the day, this instrument lost -0.23% and was traded between 0.7406 CHF and 0.7440 CHF over the period. The price is currently at +0.18% from its lowest and -0.28% from its highest.0.7406
0.7440
0.7419
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
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
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7313 | 0.7338 | 0.7373 | 0.7419 | 0.7425 | 0.7434 | 0.7444 |
| Change (%) | -1.43% | -1.09% | -0.62% | - | +0.08% | +0.20% | +0.34% |
| Change | -0.0106 | -0.0081 | -0.0046 | - | +0.0006 | +0.0015 | +0.0025 |
| Level | Major | Minor | Intermediate | - | Major | Intermediate | Minor |
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 | 0.7392 | 0.7410 | 0.7423 | 0.7441 | 0.7454 | 0.7472 | 0.7485 |
| Camarilla | 0.7428 | 0.7430 | 0.7433 | 0.7436 | 0.7439 | 0.7442 | 0.7445 |
| Woodie | 0.7390 | 0.7409 | 0.7421 | 0.7440 | 0.7452 | 0.7471 | 0.7483 |
| Fibonacci | 0.7410 | 0.7422 | 0.7429 | 0.7441 | 0.7453 | 0.7460 | 0.7472 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7354 | 0.7388 | 0.7420 | 0.7454 | 0.7486 | 0.7520 | 0.7552 |
| Camarilla | 0.7434 | 0.7440 | 0.7446 | 0.7452 | 0.7458 | 0.7464 | 0.7470 |
| Woodie | 0.7353 | 0.7388 | 0.7419 | 0.7454 | 0.7485 | 0.7520 | 0.7551 |
| Fibonacci | 0.7388 | 0.7413 | 0.7429 | 0.7454 | 0.7479 | 0.7495 | 0.7520 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7265 | 0.7337 | 0.7394 | 0.7466 | 0.7523 | 0.7595 | 0.7652 |
| Camarilla | 0.7417 | 0.7428 | 0.7440 | 0.7452 | 0.7464 | 0.7476 | 0.7488 |
| Woodie | 0.7259 | 0.7333 | 0.7388 | 0.7462 | 0.7517 | 0.7591 | 0.7646 |
| Fibonacci | 0.7337 | 0.7386 | 0.7416 | 0.7466 | 0.7515 | 0.7545 | 0.7595 |
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): | 28.10 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -25.0479 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 0.7425 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7439 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 0.7440 | |
| Zig ZAG (10): | 0.7417 | |
| VORTEX (21): | 0.8207 | |
| Stochastique (14,3,5): | 20.85 | |
| TEMA (21): | 0.7423 | |
| Williams %R (14): | -68.57 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | -0.1238 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0095 | |
| Courbe Coppock: | 0.29 |
| MA7: | 0.7449 | |
| MA20: | 0.7456 | |
| MA50: | 0.7473 | |
| MA100: | 0.7487 | |
| MAexp7: | 0.7426 | |
| MAexp20: | 0.7433 | |
| MAexp50: | 0.7442 | |
| MAexp100: | 0.7450 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | -0.50% | |
| Price / MA50: | -0.72% | |
| Price / MA100: | -0.91% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.31% | |
| Price / MAexp100: | -0.42% |
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.
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