CAD/CHF - 1H - Technical analysis published on 02/14/2020 (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 bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.7393 CHF
My targets
0.7425 CHF (+0.0018)
0.7486 CHF (+0.0079)
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 0.7393 CHF. The buyers” bullish objective is set at 0.7425 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.7486 CHF. If there is any crossing, the next objective would be the resistance located at 0.7543 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.9
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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
CAD/CHF rating 0.7407 CHF. The price has increased by +0.38% since the last closing with the lowest point at 0.7379 CHF and the highest point at 0.7411 CHF. The deviation from the price is +0.38% for the low point and -0.05% for the high point.0.7379
0.7411
0.7407
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/CHF:
Technical
Technical analysis of CAD/CHF in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.7344 | 0.7373 | 0.7393 | 0.7407 | 0.7425 | 0.7543 | 0.7619 |
| Change (%) | -0.85% | -0.46% | -0.19% | - | +0.24% | +1.84% | +2.86% |
| Change | -0.0063 | -0.0034 | -0.0014 | - | +0.0018 | +0.0136 | +0.0212 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Major |
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 | 0.7325 | 0.7342 | 0.7360 | 0.7377 | 0.7395 | 0.7412 | 0.7430 |
| Camarilla | 0.7369 | 0.7373 | 0.7376 | 0.7379 | 0.7382 | 0.7385 | 0.7389 |
| Woodie | 0.7327 | 0.7342 | 0.7362 | 0.7377 | 0.7397 | 0.7412 | 0.7432 |
| Fibonacci | 0.7342 | 0.7355 | 0.7363 | 0.7377 | 0.7390 | 0.7398 | 0.7412 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.7180 | 0.7216 | 0.7282 | 0.7318 | 0.7384 | 0.7420 | 0.7486 |
| Camarilla | 0.7320 | 0.7329 | 0.7339 | 0.7348 | 0.7357 | 0.7367 | 0.7376 |
| Woodie | 0.7195 | 0.7224 | 0.7297 | 0.7326 | 0.7399 | 0.7428 | 0.7501 |
| Fibonacci | 0.7216 | 0.7255 | 0.7279 | 0.7318 | 0.7357 | 0.7381 | 0.7420 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6966 | 0.7118 | 0.7200 | 0.7352 | 0.7434 | 0.7586 | 0.7668 |
| Camarilla | 0.7217 | 0.7238 | 0.7260 | 0.7281 | 0.7303 | 0.7324 | 0.7345 |
| Woodie | 0.6930 | 0.7101 | 0.7164 | 0.7335 | 0.7398 | 0.7569 | 0.7632 |
| Fibonacci | 0.7118 | 0.7208 | 0.7263 | 0.7352 | 0.7442 | 0.7497 | 0.7586 |
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): | 71.08 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 20.4300 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 0.7401 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7393 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 0.7386 | |
| Zig ZAG (10): | 0.7407 | |
| VORTEX (21): | 1.1799 | |
| Stochastique (14,3,5): | 90.28 | |
| TEMA (21): | 0.7403 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.0028 | |
| Repulse (5,40,3): | 0.0923 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0110 | |
| Courbe Coppock: | 0.46 |
| MA7: | 0.7361 | |
| MA20: | 0.7356 | |
| MA50: | 0.7413 | |
| MA100: | 0.7462 | |
| MAexp7: | 0.7401 | |
| MAexp20: | 0.7392 | |
| MAexp50: | 0.7380 | |
| MAexp100: | 0.7367 | |
| Price / MA7: | +0.62% | |
| Price / MA20: | +0.69% | |
| Price / MA50: | -0.08% | |
| Price / MA100: | -0.74% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.54% |
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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