EUR/CHF - 15 min. - Technical analysis published on 07/15/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 1.0744 CHF
My targets
1.0815 CHF (+0.0036)
1.0865 CHF (+0.0086)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 1.0744 CHF. The buyers” bullish objective is set at 1.0815 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0865 CHF. If there is any crossing, the next objective would be the resistance located at 1.0942 CHF. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 1.0779 CHF. The price has increased by +0.55% since the last closing with the lowest point at 1.0701 CHF and the highest point at 1.0785 CHF. The deviation from the price is +0.73% for the low point and -0.06% for the high point.1.0701
1.0785
1.0779
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/CHF in 15 min. shows a strongly overall 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.0668 | 1.0684 | 1.0708 | 1.0779 | 1.0865 | 1.0942 | 1.1018 |
| Change (%) | -1.03% | -0.88% | -0.66% | - | +0.80% | +1.51% | +2.22% |
| Change | -0.0111 | -0.0095 | -0.0071 | - | +0.0086 | +0.0163 | +0.0239 |
| Level | Minor | Minor | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0602 | 1.0626 | 1.0673 | 1.0697 | 1.0744 | 1.0768 | 1.0815 |
| Camarilla | 1.0701 | 1.0707 | 1.0714 | 1.0720 | 1.0727 | 1.0733 | 1.0740 |
| Woodie | 1.0614 | 1.0632 | 1.0685 | 1.0703 | 1.0756 | 1.0774 | 1.0827 |
| Fibonacci | 1.0626 | 1.0653 | 1.0670 | 1.0697 | 1.0724 | 1.0741 | 1.0768 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0542 | 1.0573 | 1.0605 | 1.0636 | 1.0668 | 1.0699 | 1.0731 |
| Camarilla | 1.0619 | 1.0624 | 1.0630 | 1.0636 | 1.0642 | 1.0648 | 1.0653 |
| Woodie | 1.0542 | 1.0573 | 1.0605 | 1.0636 | 1.0668 | 1.0699 | 1.0731 |
| Fibonacci | 1.0573 | 1.0597 | 1.0612 | 1.0636 | 1.0660 | 1.0675 | 1.0699 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0245 | 1.0435 | 1.0537 | 1.0727 | 1.0829 | 1.1019 | 1.1121 |
| Camarilla | 1.0560 | 1.0587 | 1.0613 | 1.0640 | 1.0667 | 1.0694 | 1.0720 |
| Woodie | 1.0202 | 1.0413 | 1.0494 | 1.0705 | 1.0786 | 1.0997 | 1.1078 |
| Fibonacci | 1.0435 | 1.0546 | 1.0615 | 1.0727 | 1.0838 | 1.0907 | 1.1019 |
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): | 67.57 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 18.8510 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 1.0780 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0758 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 1.0754 | |
| Zig ZAG (10): | 1.0778 | |
| VORTEX (21): | 1.2083 | |
| Stochastique (14,3,5): | 69.14 | |
| TEMA (21): | 1.0779 | |
| Williams %R (14): | -11.11 | |
| Chande Momentum Oscillator (20): | -0.0001 | |
| Repulse (5,40,3): | 0.1631 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0149 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.0672 | |
| MA20: | 1.0660 | |
| MA50: | 1.0658 | |
| MA100: | 1.0616 | |
| MAexp7: | 1.0774 | |
| MAexp20: | 1.0768 | |
| MAexp50: | 1.0750 | |
| MAexp100: | 1.0732 | |
| Price / MA7: | +1.00% | |
| Price / MA20: | +1.12% | |
| Price / MA50: | +1.14% | |
| Price / MA100: | +1.54% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.44% |
Quotes :
2020-07-15 15:22:46
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Real time data
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Forex
News
The latest news and videos published on EUR/CHF at the time of the analysis were as follows:
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Bullish Sentiment Signals for EUR/JPY, EUR/CHF | Webinar
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Will EUR/CHF target 1.0576? – 3rd July 2020
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Weekly Technical Analysis: 09/03/2020 - USDJPY, GBPUSD, EURCHF
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This member declared not having a position on this financial instrument or a related financial instrument.
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