EUR/CHF - 1H - Technical analysis published on 09/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 1.0806 CHF
My targets
1.0836 CHF (+0.0015)
1.0864 CHF (+0.0043)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/CHF. As long as you are above the support located at 1.0806 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.0836 CHF would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.0864 CHF as an objective. Crossing it would then enable buyers to target 1.0879 CHF. If the support 1.0806 CHF were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.3
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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 1.0821 CHF. The price is lower by -0.09% since the last closing with the lowest point at 1.0813 CHF and the highest point at 1.0847 CHF. The deviation from the price is +0.07% for the low point and -0.24% for the high point.1.0813
1.0847
1.0821
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/CHF in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish and bullish signals:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.0745 | 1.0773 | 1.0806 | 1.0821 | 1.0836 | 1.0864 | 1.0879 |
| Change (%) | -0.70% | -0.44% | -0.14% | - | +0.14% | +0.40% | +0.54% |
| Change | -0.0076 | -0.0048 | -0.0015 | - | +0.0015 | +0.0043 | +0.0058 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0771 | 1.0785 | 1.0808 | 1.0822 | 1.0845 | 1.0859 | 1.0882 |
| Camarilla | 1.0821 | 1.0824 | 1.0828 | 1.0831 | 1.0834 | 1.0838 | 1.0841 |
| Woodie | 1.0776 | 1.0787 | 1.0813 | 1.0824 | 1.0850 | 1.0861 | 1.0887 |
| Fibonacci | 1.0785 | 1.0799 | 1.0808 | 1.0822 | 1.0836 | 1.0845 | 1.0859 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0612 | 1.0679 | 1.0746 | 1.0813 | 1.0880 | 1.0947 | 1.1014 |
| Camarilla | 1.0777 | 1.0789 | 1.0802 | 1.0814 | 1.0826 | 1.0839 | 1.0851 |
| Woodie | 1.0613 | 1.0679 | 1.0747 | 1.0813 | 1.0881 | 1.0947 | 1.1015 |
| Fibonacci | 1.0679 | 1.0730 | 1.0762 | 1.0813 | 1.0864 | 1.0896 | 1.0947 |
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): | 45.20 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -5.9150 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 1.0838 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0847 | |
| Elder Ray (13): | -0.0012 | |
| Super Trend (3,10): | 1.0813 | |
| Zig ZAG (10): | 1.0830 | |
| VORTEX (21): | 1.0411 | |
| Stochastique (14,3,5): | 38.76 | |
| TEMA (21): | 1.0836 | |
| Williams %R (14): | -52.94 | |
| Chande Momentum Oscillator (20): | -0.0003 | |
| Repulse (5,40,3): | 0.0009 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0076 | |
| Courbe Coppock: | 0.11 |
| MA7: | 1.0811 | |
| MA20: | 1.0780 | |
| MA50: | 1.0748 | |
| MA100: | 1.0691 | |
| MAexp7: | 1.0832 | |
| MAexp20: | 1.0830 | |
| MAexp50: | 1.0821 | |
| MAexp100: | 1.0810 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +0.38% | |
| Price / MA50: | +0.68% | |
| Price / MA100: | +1.22% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +0.10% |
Quotes :
2020-09-08 12:18:54
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Real time data
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Forex
News
Don"t forget to follow the news on EUR/CHF. At the time of publication of this analysis, the latest news 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
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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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