CHF/SEK - 1H - Technical analysis published on 11/03/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 9.3697 SEK
My targets
9.3948 SEK (+0.0142)
9.4102 SEK (+0.0296)
My analysis
The bullish trend is currently very strong on CHF/SEK. As long as the price remains above the support at 9.3697 SEK, you could try to benefit from the boom. The first bullish objective is located at 9.3948 SEK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 9.4102 SEK as an objective. Crossing it would then enable buyers to target 9.4846 SEK. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.5
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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 9.3806 SEK. The price registered an increase of +0.11% on the session with the lowest point at 9.3701 SEK and the highest point at 9.3878 SEK. The deviation from the price is +0.11% for the low point and -0.08% for the high point.9.3701
9.3878
9.3806
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/SEK:
Technical
Technical analysis of CHF/SEK in 1H shows a strongly overall bullish trend. 85.71% 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.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 support is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.3448 | 9.3627 | 9.3697 | 9.3806 | 9.3846 | 9.3948 | 9.4102 |
| Change (%) | -0.38% | -0.19% | -0.12% | - | +0.04% | +0.15% | +0.32% |
| Change | -0.0358 | -0.0179 | -0.0109 | - | +0.0040 | +0.0142 | +0.0296 |
| Level | Intermediate | Minor | Minor | - | Minor | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.2730 | 9.2988 | 9.3348 | 9.3606 | 9.3966 | 9.4224 | 9.4584 |
| Camarilla | 9.3537 | 9.3594 | 9.3650 | 9.3707 | 9.3764 | 9.3820 | 9.3877 |
| Woodie | 9.2780 | 9.3014 | 9.3398 | 9.3632 | 9.4016 | 9.4250 | 9.4634 |
| Fibonacci | 9.2988 | 9.3224 | 9.3370 | 9.3606 | 9.3842 | 9.3988 | 9.4224 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.2593 | 9.2930 | 9.3389 | 9.3726 | 9.4185 | 9.4522 | 9.4981 |
| Camarilla | 9.3629 | 9.3702 | 9.3775 | 9.3848 | 9.3921 | 9.3994 | 9.4067 |
| Woodie | 9.2654 | 9.2961 | 9.3450 | 9.3757 | 9.4246 | 9.4553 | 9.5042 |
| Fibonacci | 9.2930 | 9.3234 | 9.3422 | 9.3726 | 9.4030 | 9.4218 | 9.4522 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1094 | 9.2121 | 9.2984 | 9.4011 | 9.4874 | 9.5901 | 9.6764 |
| Camarilla | 9.3328 | 9.3502 | 9.3675 | 9.3848 | 9.4021 | 9.4195 | 9.4368 |
| Woodie | 9.1013 | 9.2080 | 9.2903 | 9.3970 | 9.4793 | 9.5860 | 9.6683 |
| Fibonacci | 9.2121 | 9.2843 | 9.3289 | 9.4011 | 9.4733 | 9.5179 | 9.5901 |
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): | 57.51 | |
| MACD (12,26,9): | 0.0052 | |
| Directional Movement: | 7.3786 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 9.3814 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.3758 | |
| Elder Ray (13): | 0.0067 | |
| Super Trend (3,10): | 9.3905 | |
| Zig ZAG (10): | 9.3841 | |
| VORTEX (21): | 1.1779 | |
| Stochastique (14,3,5): | 83.33 | |
| TEMA (21): | 9.3857 | |
| Williams %R (14): | -13.06 | |
| Chande Momentum Oscillator (20): | 0.0041 | |
| Repulse (5,40,3): | 0.0639 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0056 | |
| Courbe Coppock: | 0.35 |
| MA7: | 9.3660 | |
| MA20: | 9.3790 | |
| MA50: | 9.3836 | |
| MA100: | 9.3965 | |
| MAexp7: | 9.3822 | |
| MAexp20: | 9.3755 | |
| MAexp50: | 9.3707 | |
| MAexp100: | 9.3670 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | +0.02% | |
| Price / MA50: | -0.03% | |
| Price / MA100: | -0.17% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | +0.15% |
Quotes :
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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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