CHF/SEK - 1H - Technical analysis published on 06/30/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 9.8797 SEK
My targets
9.7807 SEK (-0.0417)
9.7049 SEK (-0.1175)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CHF/SEK as long as the price remains well below 9.8797 SEK. The next bearish objective for sellers is set at 9.7807 SEK. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 9.7049 SEK. If there is any crossing, the next objective would be the support located at 9.4847 SEK. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.3
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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 CHF/SEK price is 9.8224 SEK. The price has increased by +0.15% since the last closing and was between 9.7997 SEK and 9.8688 SEK. This implies that the price is at +0.23% from its lowest and at -0.47% from its highest.9.7997
9.8688
9.8224
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/SEK:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CHF/SEK in 1H shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.7049 | 9.7807 | 9.8129 | 9.8224 | 9.8306 | 9.8797 | 9.9264 |
| Change (%) | -1.20% | -0.42% | -0.10% | - | +0.08% | +0.58% | +1.06% |
| Change | -0.1175 | -0.0417 | -0.0095 | - | +0.0082 | +0.0573 | +0.1040 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | 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 | 9.6775 | 9.7291 | 9.7685 | 9.8201 | 9.8595 | 9.9111 | 9.9505 |
| Camarilla | 9.7829 | 9.7912 | 9.7996 | 9.8079 | 9.8162 | 9.8246 | 9.8329 |
| Woodie | 9.6714 | 9.7261 | 9.7624 | 9.8171 | 9.8534 | 9.9081 | 9.9444 |
| Fibonacci | 9.7291 | 9.7639 | 9.7853 | 9.8201 | 9.8549 | 9.8763 | 9.9111 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.6234 | 9.7117 | 9.7768 | 9.8651 | 9.9302 | 10.0185 | 10.0836 |
| Camarilla | 9.7998 | 9.8139 | 9.8279 | 9.8420 | 9.8561 | 9.8701 | 9.8842 |
| Woodie | 9.6119 | 9.7059 | 9.7653 | 9.8593 | 9.9187 | 10.0127 | 10.0721 |
| Fibonacci | 9.7117 | 9.7703 | 9.8065 | 9.8651 | 9.9237 | 9.9599 | 10.0185 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0525 | 9.4159 | 9.6094 | 9.9728 | 10.1663 | 10.5297 | 10.7232 |
| Camarilla | 9.6499 | 9.7009 | 9.7520 | 9.8030 | 9.8541 | 9.9051 | 9.9562 |
| Woodie | 8.9677 | 9.3734 | 9.5246 | 9.9303 | 10.0815 | 10.4872 | 10.6384 |
| Fibonacci | 9.4159 | 9.6286 | 9.7600 | 9.9728 | 10.1855 | 10.3169 | 10.5297 |
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): | 51.49 | |
| MACD (12,26,9): | 0.0055 | |
| Directional Movement: | -1.3885 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 9.8350 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.8678 | |
| Elder Ray (13): | -0.0103 | |
| Super Trend (3,10): | 9.7979 | |
| Zig ZAG (10): | 9.8324 | |
| VORTEX (21): | 1.0967 | |
| Stochastique (14,3,5): | 47.52 | |
| TEMA (21): | 9.8407 | |
| Williams %R (14): | -59.04 | |
| Chande Momentum Oscillator (20): | 0.0246 | |
| Repulse (5,40,3): | -0.0128 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0050 | |
| Courbe Coppock: | 0.62 |
| MA7: | 9.8421 | |
| MA20: | 9.7879 | |
| MA50: | 9.9490 | |
| MA100: | 10.0763 | |
| MAexp7: | 9.8324 | |
| MAexp20: | 9.8294 | |
| MAexp50: | 9.8289 | |
| MAexp100: | 9.8357 | |
| Price / MA7: | -0.20% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | -1.27% | |
| Price / MA100: | -2.52% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.14% |
Quotes :
2020-06-30 16:20:26
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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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