EUR/CHF - 15 min. - Technical analysis published on 07/16/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.0756 CHF
My targets
1.0810 CHF (+0.0019)
1.0844 CHF (+0.0053)
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 1.0756 CHF. The buyers” bullish objective is set at 1.0810 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0844 CHF. If there is any crossing, the next objective would be the resistance located at 1.0898 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF rating is 1.0791 CHF. On the day, this instrument gained +0.13% and was traded between 1.0761 CHF and 1.0801 CHF over the period. The price is currently at +0.28% from its lowest and -0.09% from its highest.1.0761
1.0801
1.0791
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
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
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0702 | 1.0762 | 1.0789 | 1.0791 | 1.0865 | 1.0942 | 1.1018 |
| Change (%) | -0.82% | -0.27% | -0.02% | - | +0.69% | +1.40% | +2.10% |
| Change | -0.0089 | -0.0029 | -0.0002 | - | +0.0074 | +0.0151 | +0.0227 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Major |
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 | 1.0634 | 1.0668 | 1.0722 | 1.0756 | 1.0810 | 1.0844 | 1.0898 |
| Camarilla | 1.0753 | 1.0761 | 1.0769 | 1.0777 | 1.0785 | 1.0793 | 1.0801 |
| Woodie | 1.0645 | 1.0673 | 1.0733 | 1.0761 | 1.0821 | 1.0849 | 1.0909 |
| Fibonacci | 1.0668 | 1.0701 | 1.0722 | 1.0756 | 1.0789 | 1.0810 | 1.0844 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.57 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 13.6327 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 1.0791 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0785 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.0773 | |
| Zig ZAG (10): | 1.0793 | |
| VORTEX (21): | 1.1697 | |
| Stochastique (14,3,5): | 76.95 | |
| TEMA (21): | 1.0795 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | -0.0191 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0046 | |
| Courbe Coppock: | 0.36 |
| MA7: | 1.0695 | |
| MA20: | 1.0666 | |
| MA50: | 1.0663 | |
| MA100: | 1.0617 | |
| MAexp7: | 1.0791 | |
| MAexp20: | 1.0786 | |
| MAexp50: | 1.0781 | |
| MAexp100: | 1.0773 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | +1.17% | |
| Price / MA50: | +1.20% | |
| Price / MA100: | +1.64% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.17% |
Quotes :
2020-07-16 14:17:10
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Real time data
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Forex
News
The last news published on EUR/CHF at the time of the generation of this analysis was as follows:
-
Bullish Sentiment Signals for EUR/JPY, EUR/CHF | Webinar
-
Will EUR/CHF target 1.0576? – 3rd July 2020
-
Weekly Technical Analysis: 09/03/2020 - USDJPY, GBPUSD, EURCHF
-
EURCHF on the Downslide
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Weekly Technical Analysis: 26/08/2019 - USDJPY, EURCHF, NZDUSD
This member declared not having a position on this financial instrument or a related financial instrument.
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