CHF/SEK - 1H - Technical analysis published on 05/05/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 9.2141 SEK
My targets
9.3703 SEK (+0.0855)
9.4200 SEK (+0.1352)
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/SEK as long as the price remains well above 9.2141 SEK. The buyers” bullish objective is set at 9.3703 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.4200 SEK. If there is any crossing, the next objective would be the resistance located at 9.4847 SEK. 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 not called into question, despite technical indicators being indecisive.
Force
0
10
6.6
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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
CHF/SEK rating 9.2848 SEK. On the day, this instrument gained +0.03% and was between 9.2695 SEK and 9.2906 SEK. This implies that the price is at +0.17% from its lowest and at -0.06% from its highest.9.2695
9.2906
9.2848
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this CHF/SEK chart shows a strongly 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.1823 | 9.2141 | 9.2796 | 9.2848 | 9.2939 | 9.4200 | 9.4847 |
| Change (%) | -1.10% | -0.76% | -0.06% | - | +0.10% | +1.46% | +2.15% |
| Change | -0.1025 | -0.0707 | -0.0052 | - | +0.0091 | +0.1352 | +0.1999 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1561 | 9.1880 | 9.2352 | 9.2671 | 9.3143 | 9.3462 | 9.3934 |
| Camarilla | 9.2608 | 9.2680 | 9.2753 | 9.2825 | 9.2898 | 9.2970 | 9.3043 |
| Woodie | 9.1639 | 9.1918 | 9.2430 | 9.2709 | 9.3221 | 9.3500 | 9.4012 |
| Fibonacci | 9.1880 | 9.2182 | 9.2369 | 9.2671 | 9.2973 | 9.3160 | 9.3462 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0432 | 9.0921 | 9.1823 | 9.2312 | 9.3214 | 9.3703 | 9.4605 |
| Camarilla | 9.2342 | 9.2469 | 9.2597 | 9.2724 | 9.2852 | 9.2979 | 9.3107 |
| Woodie | 9.0638 | 9.1024 | 9.2029 | 9.2415 | 9.3420 | 9.3806 | 9.4811 |
| Fibonacci | 9.0921 | 9.1453 | 9.1781 | 9.2312 | 9.2844 | 9.3172 | 9.3703 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0048 | 9.0729 | 9.1727 | 9.2408 | 9.3406 | 9.4087 | 9.5085 |
| Camarilla | 9.2262 | 9.2416 | 9.2570 | 9.2724 | 9.2878 | 9.3032 | 9.3186 |
| Woodie | 9.0206 | 9.0808 | 9.1885 | 9.2487 | 9.3564 | 9.4166 | 9.5243 |
| Fibonacci | 9.0729 | 9.1371 | 9.1767 | 9.2408 | 9.3050 | 9.3446 | 9.4087 |
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): | 60.52 | |
| MACD (12,26,9): | 0.0054 | |
| Directional Movement: | 5.6848 | |
| AROON (14): | -71.4285 | |
| DEMA (21): | 9.2835 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.2909 | |
| Elder Ray (13): | -0.0004 | |
| Super Trend (3,10): | 9.2538 | |
| Zig ZAG (10): | 9.2824 | |
| VORTEX (21): | 1.1144 | |
| Stochastique (14,3,5): | 29.77 | |
| TEMA (21): | 9.2812 | |
| Williams %R (14): | -53.02 | |
| Chande Momentum Oscillator (20): | -0.0088 | |
| Repulse (5,40,3): | -0.0777 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0119 | |
| Courbe Coppock: | 0.13 |
| MA7: | 9.2300 | |
| MA20: | 9.2115 | |
| MA50: | 9.2058 | |
| MA100: | 9.2678 | |
| MAexp7: | 9.2780 | |
| MAexp20: | 9.2753 | |
| MAexp50: | 9.2631 | |
| MAexp100: | 9.2452 | |
| Price / MA7: | +0.59% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | +0.86% | |
| Price / MA100: | +0.18% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.43% |
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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