EUR/CHF - 1H - Technical analysis published on 09/04/2020 (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:
Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.0773 CHF
My targets
1.0823 CHF (+0.0032)
1.0864 CHF (+0.0073)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 1.0773 CHF. The buyers” bullish objective is set at 1.0823 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0864 CHF. If there is any crossing, the next objective would be the resistance located at 1.0879 CHF.
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
5.2
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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 price is 1.0791 CHF. The price registered an increase of +0.14% on the session and was between 1.0773 CHF and 1.0801 CHF. This implies that the price is at +0.17% from its lowest and at -0.09% from its highest.1.0773
1.0801
1.0791
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/CHF in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0761 | 1.0773 | 1.0787 | 1.0791 | 1.0823 | 1.0864 | 1.0879 |
| Change (%) | -0.28% | -0.17% | -0.04% | - | +0.30% | +0.68% | +0.82% |
| Change | -0.0030 | -0.0018 | -0.0004 | - | +0.0032 | +0.0073 | +0.0088 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Intermediate |
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 | 1.0716 | 1.0737 | 1.0757 | 1.0778 | 1.0798 | 1.0819 | 1.0839 |
| Camarilla | 1.0765 | 1.0769 | 1.0772 | 1.0776 | 1.0780 | 1.0784 | 1.0787 |
| Woodie | 1.0715 | 1.0737 | 1.0756 | 1.0778 | 1.0797 | 1.0819 | 1.0838 |
| Fibonacci | 1.0737 | 1.0753 | 1.0763 | 1.0778 | 1.0794 | 1.0804 | 1.0819 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0677 | 1.0699 | 1.0731 | 1.0753 | 1.0785 | 1.0807 | 1.0839 |
| Camarilla | 1.0748 | 1.0753 | 1.0758 | 1.0763 | 1.0768 | 1.0773 | 1.0778 |
| Woodie | 1.0682 | 1.0702 | 1.0736 | 1.0756 | 1.0790 | 1.0810 | 1.0844 |
| Fibonacci | 1.0699 | 1.0720 | 1.0732 | 1.0753 | 1.0774 | 1.0786 | 1.0807 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0596 | 1.0658 | 1.0725 | 1.0787 | 1.0854 | 1.0916 | 1.0983 |
| Camarilla | 1.0756 | 1.0767 | 1.0779 | 1.0791 | 1.0803 | 1.0815 | 1.0827 |
| Woodie | 1.0598 | 1.0659 | 1.0727 | 1.0788 | 1.0856 | 1.0917 | 1.0985 |
| Fibonacci | 1.0658 | 1.0708 | 1.0738 | 1.0787 | 1.0837 | 1.0867 | 1.0916 |
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): | 59.62 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 6.4893 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.0778 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0775 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 1.0805 | |
| Zig ZAG (10): | 1.0788 | |
| VORTEX (21): | 1.0570 | |
| Stochastique (14,3,5): | 52.84 | |
| TEMA (21): | 1.0782 | |
| Williams %R (14): | -35.48 | |
| Chande Momentum Oscillator (20): | 0.0010 | |
| Repulse (5,40,3): | 0.0196 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0040 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.0787 | |
| MA20: | 1.0772 | |
| MA50: | 1.0741 | |
| MA100: | 1.0684 | |
| MAexp7: | 1.0782 | |
| MAexp20: | 1.0780 | |
| MAexp50: | 1.0787 | |
| MAexp100: | 1.0788 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +0.18% | |
| Price / MA50: | +0.47% | |
| Price / MA100: | +1.00% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.03% |
Quotes :
2020-09-04 08:55:06
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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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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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