CHF/NOK - 1H - Technical analysis published on 01/28/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 12.4612 NOK
My targets
12.5377 NOK (+0.0527)
12.6172 NOK (+0.1322)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/NOK as long as the price remains well above 12.4612 NOK. The buyers' bullish objective is set at 12.5377 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12.6172 NOK. If there is any crossing, the next objective would be the resistance located at 12.7314 NOK. 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
6.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/NOK rating 12.4850 NOK. The price registered a decrease of -0.01% on the session and was traded between 12.4660 NOK and 12.4979 NOK over the period. The price is currently at +0.15% from its lowest and -0.10% from its highest.12.4660
12.4979
12.4850
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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
A technical analysis in 1H of this CHF/NOK chart shows a strongly bullish trend. 89.29% 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.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
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:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 12.4088 | 12.4409 | 12.4612 | 12.4850 | 12.4888 | 12.5377 | 12.7314 |
| Change (%) | -0.61% | -0.35% | -0.19% | - | +0.03% | +0.42% | +1.97% |
| Change | -0.0762 | -0.0441 | -0.0238 | - | +0.0038 | +0.0527 | +0.2464 |
| Level | Major | Intermediate | Intermediate | - | Minor | Major | 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 | 12.2312 | 12.2996 | 12.3927 | 12.4611 | 12.5542 | 12.6226 | 12.7157 |
| Camarilla | 12.4413 | 12.4561 | 12.4709 | 12.4857 | 12.5005 | 12.5153 | 12.5301 |
| Woodie | 12.2435 | 12.3058 | 12.4050 | 12.4673 | 12.5665 | 12.6288 | 12.7280 |
| Fibonacci | 12.2996 | 12.3613 | 12.3994 | 12.4611 | 12.5228 | 12.5609 | 12.6226 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.0801 | 12.2116 | 12.2829 | 12.4144 | 12.4857 | 12.6172 | 12.6885 |
| Camarilla | 12.2985 | 12.3171 | 12.3357 | 12.3543 | 12.3729 | 12.3915 | 12.4101 |
| Woodie | 12.0501 | 12.1966 | 12.2529 | 12.3994 | 12.4557 | 12.6022 | 12.6585 |
| Fibonacci | 12.2116 | 12.2890 | 12.3369 | 12.4144 | 12.4918 | 12.5397 | 12.6172 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.9952 | 12.2063 | 12.3755 | 12.5866 | 12.7558 | 12.9669 | 13.1361 |
| Camarilla | 12.4400 | 12.4749 | 12.5097 | 12.5446 | 12.5795 | 12.6143 | 12.6492 |
| Woodie | 11.9742 | 12.1958 | 12.3545 | 12.5761 | 12.7348 | 12.9564 | 13.1151 |
| Fibonacci | 12.2063 | 12.3516 | 12.4414 | 12.5866 | 12.7319 | 12.8217 | 12.9669 |
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): | 62.52 | |
| MACD (12,26,9): | 0.0164 | |
| Directional Movement: | 16.6671 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 12.4926 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.5128 | |
| Elder Ray (13): | 0.0084 | |
| Super Trend (3,10): | 12.4491 | |
| Zig ZAG (10): | 12.4863 | |
| VORTEX (21): | 1.1805 | |
| Stochastique (14,3,5): | 58.81 | |
| TEMA (21): | 12.4959 | |
| Williams %R (14): | -24.15 | |
| Chande Momentum Oscillator (20): | -0.0098 | |
| Repulse (5,40,3): | 0.0459 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0238 | |
| Courbe Coppock: | 0.00 |
| MA7: | 12.4504 | |
| MA20: | 12.4747 | |
| MA50: | 12.5250 | |
| MA100: | 12.5428 | |
| MAexp7: | 12.4827 | |
| MAexp20: | 12.4692 | |
| MAexp50: | 12.4456 | |
| MAexp100: | 12.4419 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | +0.08% | |
| Price / MA50: | -0.32% | |
| Price / MA100: | -0.46% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.32% | |
| Price / MAexp100: | +0.35% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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