CHF/SEK - 1H - Technical analysis published on 02/26/2020 (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:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 9.9483 SEK
My targets
9.9820 SEK (+0.0174)
10.0013 SEK (+0.0367)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on CHF/SEK. This is a positive signal for buyers. As long as the price remains above 9.9483 SEK, a purchase could be considered. The first bullish objective is located at 9.9820 SEK. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 10.0013 SEK as an objective. Crossing it would then enable buyers to target 10.0184 SEK. In the event of a return below 9.9483 SEK, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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
5.4
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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 9.9646 SEK. On the day, this instrument gained +0.06% and was traded between 9.9477 SEK and 9.9741 SEK over the period. The price is currently at +0.17% from its lowest and -0.10% from its highest.9.9477
9.9741
9.9646
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
Here is a more detailed summary of the historical variations registered by CHF/SEK:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/SEK chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.9353 | 9.9483 | 9.9635 | 9.9646 | 9.9820 | 10.0013 | 10.0184 |
| Change (%) | -0.29% | -0.16% | -0.01% | - | +0.17% | +0.37% | +0.54% |
| Change | -0.0293 | -0.0163 | -0.0011 | - | +0.0174 | +0.0367 | +0.0538 |
| Level | Minor | Minor | Minor | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.8605 | 9.8907 | 9.9246 | 9.9548 | 9.9887 | 10.0189 | 10.0528 |
| Camarilla | 9.9410 | 9.9469 | 9.9527 | 9.9586 | 9.9645 | 9.9704 | 9.9762 |
| Woodie | 9.8625 | 9.8916 | 9.9266 | 9.9557 | 9.9907 | 10.0198 | 10.0548 |
| Fibonacci | 9.8907 | 9.9152 | 9.9303 | 9.9548 | 9.9793 | 9.9944 | 10.0189 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.7426 | 9.8085 | 9.8701 | 9.9360 | 9.9976 | 10.0635 | 10.1251 |
| Camarilla | 9.8967 | 9.9084 | 9.9201 | 9.9318 | 9.9435 | 9.9552 | 9.9669 |
| Woodie | 9.7406 | 9.8074 | 9.8681 | 9.9349 | 9.9956 | 10.0624 | 10.1231 |
| Fibonacci | 9.8085 | 9.8572 | 9.8873 | 9.9360 | 9.9847 | 10.0148 | 10.0635 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.3333 | 9.4723 | 9.7337 | 9.8727 | 10.1341 | 10.2731 | 10.5345 |
| Camarilla | 9.8849 | 9.9216 | 9.9583 | 9.9950 | 10.0317 | 10.0684 | 10.1051 |
| Woodie | 9.3944 | 9.5029 | 9.7948 | 9.9033 | 10.1952 | 10.3037 | 10.5956 |
| Fibonacci | 9.4723 | 9.6253 | 9.7198 | 9.8727 | 10.0257 | 10.1202 | 10.2731 |
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): | 55.77 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 7.6362 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 9.9596 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.9770 | |
| Elder Ray (13): | 0.0076 | |
| Super Trend (3,10): | 9.9335 | |
| Zig ZAG (10): | 9.9697 | |
| VORTEX (21): | 1.0406 | |
| Stochastique (14,3,5): | 56.57 | |
| TEMA (21): | 9.9624 | |
| Williams %R (14): | -35.61 | |
| Chande Momentum Oscillator (20): | 0.0058 | |
| Repulse (5,40,3): | 0.0556 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0026 | |
| Courbe Coppock: | 0.06 |
| MA7: | 9.9505 | |
| MA20: | 9.9173 | |
| MA50: | 9.8075 | |
| MA100: | 9.7542 | |
| MAexp7: | 9.9584 | |
| MAexp20: | 9.9576 | |
| MAexp50: | 9.9573 | |
| MAexp100: | 9.9548 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.48% | |
| Price / MA50: | +1.60% | |
| Price / MA100: | +2.16% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.10% |
This member declared not having a position on this financial instrument or a related financial instrument.
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