CHF/SEK - 1H - Technical analysis published on 10/01/2020 (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
17%
56%
28%
My opinion
Bearish under 9.7886 SEK
My targets
9.6845 SEK (-0.0307)
9.6543 SEK (-0.0609)
My analysis
CHF/SEK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 9.7886 SEK. The next support located at 9.6845 SEK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.6543 SEK. Below this support, sellers could then target 9.6135 SEK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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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 9.7152 SEK. On the day, this instrument lost -0.05% and was between 9.7042 SEK and 9.7233 SEK. This implies that the price is at +0.11% from its lowest and at -0.08% from its highest.9.7042
9.7233
9.7152
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHF/SEK indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.6135 | 9.6543 | 9.6845 | 9.7152 | 9.7247 | 9.7886 | 9.8298 |
| Change (%) | -1.05% | -0.63% | -0.32% | - | +0.10% | +0.76% | +1.18% |
| Change | -0.1017 | -0.0609 | -0.0307 | - | +0.0095 | +0.0734 | +0.1146 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Intermediate |
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 | 9.6183 | 9.6658 | 9.6931 | 9.7406 | 9.7679 | 9.8154 | 9.8427 |
| Camarilla | 9.6998 | 9.7067 | 9.7135 | 9.7204 | 9.7273 | 9.7341 | 9.7410 |
| Woodie | 9.6082 | 9.6608 | 9.6830 | 9.7356 | 9.7578 | 9.8104 | 9.8326 |
| Fibonacci | 9.6658 | 9.6944 | 9.7120 | 9.7406 | 9.7692 | 9.7868 | 9.8154 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.3934 | 9.4994 | 9.6608 | 9.7668 | 9.9282 | 10.0342 | 10.1956 |
| Camarilla | 9.7488 | 9.7733 | 9.7978 | 9.8223 | 9.8468 | 9.8713 | 9.8958 |
| Woodie | 9.4212 | 9.5133 | 9.6886 | 9.7807 | 9.9560 | 10.0481 | 10.2234 |
| Fibonacci | 9.4994 | 9.6015 | 9.6646 | 9.7668 | 9.8689 | 9.9320 | 10.0342 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1610 | 9.3338 | 9.5271 | 9.6999 | 9.8932 | 10.0660 | 10.2593 |
| Camarilla | 9.6197 | 9.6533 | 9.6868 | 9.7204 | 9.7540 | 9.7875 | 9.8211 |
| Woodie | 9.1713 | 9.3389 | 9.5374 | 9.7050 | 9.9035 | 10.0711 | 10.2696 |
| Fibonacci | 9.3338 | 9.4737 | 9.5601 | 9.6999 | 9.8398 | 9.9262 | 10.0660 |
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): | 34.29 | |
| MACD (12,26,9): | -0.0118 | |
| Directional Movement: | -11.4454 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 9.7097 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.7387 | |
| Elder Ray (13): | -0.0122 | |
| Super Trend (3,10): | 9.7463 | |
| Zig ZAG (10): | 9.7082 | |
| VORTEX (21): | 0.8913 | |
| Stochastique (14,3,5): | 5.23 | |
| TEMA (21): | 9.7061 | |
| Williams %R (14): | -95.44 | |
| Chande Momentum Oscillator (20): | -0.0182 | |
| Repulse (5,40,3): | -0.0886 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0161 | |
| Courbe Coppock: | 0.63 |
| MA7: | 9.7633 | |
| MA20: | 9.6811 | |
| MA50: | 9.6142 | |
| MA100: | 9.7035 | |
| MAexp7: | 9.7128 | |
| MAexp20: | 9.7268 | |
| MAexp50: | 9.7461 | |
| MAexp100: | 9.7575 | |
| Price / MA7: | -0.49% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | +1.05% | |
| Price / MA100: | +0.12% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -0.44% |
Quotes :
2020-10-01 06:42:47
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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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