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CAD/CHF
CAD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADCHF
ISIN:

CAD/CHF - 1H - Technical analysis published on 04/01/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.6799 CHF
My targets
0.6848 CHF (+0.0033)
0.6900 CHF (+0.0085)
My analysis
A bullish trend on CAD/CHF both in substance and in the short term. A purchase could be considered as long as the price remains above 0.6799 CHF. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.6848 CHF. Then the price could move towards 0.6900 CHF. Then 0.6924 CHF by extension. Be careful, a return below 0.6799 CHF would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
5.4

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CAD/CHF rating 0.6815 CHF. On the day, this instrument lost -0.22% and was traded between 0.6765 CHF and 0.6839 CHF over the period. The price is currently at +0.74% from its lowest and -0.35% from its highest.

0.6765
0.6839
0.6815

Here is a more detailed summary of the historical variations registered by CAD/CHF:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of CAD/CHF indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6706 0.6727 0.6759 0.6815 0.6819 0.6848 0.6900
Change (%) -1.60% -1.29% -0.82% - +0.06% +0.48% +1.25%
Change -0.0109 -0.0088 -0.0056 - +0.0004 +0.0033 +0.0085
Level Minor Minor Minor - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.66060.66670.67480.68090.68900.69510.7032
Camarilla0.67910.68040.68170.68300.68430.68560.6869
Woodie0.66170.66720.67590.68140.69010.69560.7043
Fibonacci0.66670.67210.67540.68090.68630.68960.6951


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.65030.66040.66980.67990.68930.69940.7088
Camarilla0.67370.67550.67730.67910.68090.68270.6845
Woodie0.64990.66020.66940.67970.68890.69920.7084
Fibonacci0.66040.66790.67250.67990.68740.69200.6994


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.58930.62490.65390.68950.71850.75410.7831
Camarilla0.66520.67120.67710.68300.68890.69480.7008
Woodie0.58610.62330.65070.68790.71530.75250.7799
Fibonacci0.62490.64950.66480.68950.71410.72940.7541

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): 53.67
MACD (12,26,9): 0.0001
Directional Movement: 6.8804
AROON (14): 14.2857
DEMA (21): 0.6805
Parabolic SAR (0,02-0,02-0,2): 0.6766
Elder Ray (13): 0.0020
Super Trend (3,10): 0.6760
Zig ZAG (10): 0.6805
VORTEX (21): 1.0340
Stochastique (14,3,5): 58.51
TEMA (21): 0.6800
Williams %R (14): -45.95
Chande Momentum Oscillator (20): -0.0012
Repulse (5,40,3): 0.0707
ROCnROLL: 1
TRIX (15,9): 0.0034
Courbe Coppock: 0.89
MA7: 0.6814
MA20: 0.6825
MA50: 0.7130
MA100: 0.7294
MAexp7: 0.6802
MAexp20: 0.6804
MAexp50: 0.6801
MAexp100: 0.6803
Price / MA7: +0.01%
Price / MA20: -0.15%
Price / MA50: -4.42%
Price / MA100: -6.57%
Price / MAexp7: +0.19%
Price / MAexp20: +0.16%
Price / MAexp50: +0.21%
Price / MAexp100: +0.18%

News


The latest news and videos published on CAD/CHF at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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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…

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