CHF/SEK - 1H - Technical analysis published on 12/26/2019 (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
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
67%
6%
28%
My opinion
Bullish above 9.5826 SEK
My targets
9.6102 SEK (+0.0165)
9.6215 SEK (+0.0278)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CHF/SEK as long as the price remains well above 9.5826 SEK. The buyers” bullish objective is set at 9.6102 SEK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.6215 SEK. If there is any crossing, the next objective would be the resistance located at 9.6481 SEK.
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
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
CHF/SEK rating 9.5937 SEK. On the day, this instrument lost -0.02% with the lowest point at 9.5798 SEK and the highest point at 9.5969 SEK. The deviation from the price is +0.15% for the low point and -0.03% for the high point.9.5798
9.5969
9.5937
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/SEK chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.5244 | 9.5684 | 9.5826 | 9.5937 | 9.6102 | 9.6215 | 9.6481 |
| Change (%) | -0.72% | -0.26% | -0.12% | - | +0.17% | +0.29% | +0.57% |
| Change | -0.0693 | -0.0253 | -0.0111 | - | +0.0165 | +0.0278 | +0.0544 |
| Level | Minor | Major | 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 | 9.5077 | 9.5321 | 9.5639 | 9.5883 | 9.6201 | 9.6445 | 9.6763 |
| Camarilla | 9.5803 | 9.5854 | 9.5906 | 9.5957 | 9.6009 | 9.6060 | 9.6112 |
| Woodie | 9.5114 | 9.5340 | 9.5676 | 9.5902 | 9.6238 | 9.6464 | 9.6800 |
| Fibonacci | 9.5321 | 9.5536 | 9.5668 | 9.5883 | 9.6098 | 9.6230 | 9.6445 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.3603 | 9.4326 | 9.5034 | 9.5757 | 9.6465 | 9.7188 | 9.7896 |
| Camarilla | 9.5348 | 9.5479 | 9.5610 | 9.5741 | 9.5872 | 9.6003 | 9.6135 |
| Woodie | 9.3595 | 9.4322 | 9.5026 | 9.5753 | 9.6457 | 9.7184 | 9.7888 |
| Fibonacci | 9.4326 | 9.4873 | 9.5211 | 9.5757 | 9.6304 | 9.6642 | 9.7188 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1167 | 9.3248 | 9.4488 | 9.6569 | 9.7809 | 9.9890 | 10.1130 |
| Camarilla | 9.4816 | 9.5120 | 9.5425 | 9.5729 | 9.6033 | 9.6338 | 9.6642 |
| Woodie | 9.0748 | 9.3038 | 9.4069 | 9.6359 | 9.7390 | 9.9680 | 10.0711 |
| Fibonacci | 9.3248 | 9.4516 | 9.5300 | 9.6569 | 9.7837 | 9.8621 | 9.9890 |
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): | 52.85 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 9.6414 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 9.5836 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.5741 | |
| Elder Ray (13): | 0.0050 | |
| Super Trend (3,10): | 9.6068 | |
| Zig ZAG (10): | 9.5885 | |
| VORTEX (21): | 1.1402 | |
| Stochastique (14,3,5): | 52.31 | |
| TEMA (21): | 9.5877 | |
| Williams %R (14): | -55.50 | |
| Chande Momentum Oscillator (20): | 0.0169 | |
| Repulse (5,40,3): | 0.0107 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0027 | |
| Courbe Coppock: | 0.42 |
| MA7: | 9.6007 | |
| MA20: | 9.5927 | |
| MA50: | 9.6719 | |
| MA100: | 9.7592 | |
| MAexp7: | 9.5869 | |
| MAexp20: | 9.5843 | |
| MAexp50: | 9.5879 | |
| MAexp100: | 9.5898 | |
| Price / MA7: | -0.07% | |
| Price / MA20: | +0.01% | |
| Price / MA50: | -0.81% | |
| Price / MA100: | -1.70% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.01% |
This member declared not having a position on this financial instrument or a related financial instrument.
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