EUR/CHF
EUR CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURCHF
ISIN:

EUR/CHF - 1H - Technical analysis published on 09/21/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Neutral
Technical indicators
17%
56%
28%
My opinion
Bearish under 1.0787 CHF
My targets
1.0753 CHF (-0.0018)
1.0727 CHF (-0.0044)
My analysis
The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for EUR/CHF as long as the price remains well below 1.0787 CHF. The sellers” bearish objective is set at 1.0753 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0727 CHF. If there is any crossing, the next objective would be the support located at 1.0683 CHF.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Picoul. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/CHF rating is 1.0771 CHF. The price registered a decrease of -0.20% on the session and was between 1.0766 CHF and 1.0802 CHF. This implies that the price is at +0.05% from its lowest and at -0.29% from its highest.

1.0766
1.0802
1.0771

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/CHF in 1H shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0745 1.0753 1.0768 1.0771 1.0776 1.0787 1.0796
Change (%) -0.24% -0.17% -0.03% - +0.05% +0.15% +0.23%
Change -0.0026 -0.0018 -0.0003 - +0.0005 +0.0016 +0.0025
Level Intermediate Intermediate Intermediate - Minor Intermediate Minor



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
Standard1.07321.07451.07691.07821.08061.08191.0843
Camarilla1.07831.07861.07901.07931.07961.08001.0803
Woodie1.07381.07481.07751.07851.08121.08221.0849
Fibonacci1.07451.07591.07681.07821.07961.08051.0819


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.06801.07041.07481.07721.08161.08401.0884
Camarilla1.07741.07811.07871.07931.07991.08061.0812
Woodie1.06911.07091.07591.07771.08271.08451.0895
Fibonacci1.07041.07301.07461.07721.07981.08141.0840


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.05961.06581.07251.07871.08541.09161.0983
Camarilla1.07561.07671.07791.07911.08031.08151.0827
Woodie1.05981.06591.07271.07881.08561.09171.0985
Fibonacci1.06581.07081.07381.07871.08371.08671.0916

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): 41.34
MACD (12,26,9): 0.0004
Directional Movement: -8.5003
AROON (14): -57.1429
DEMA (21): 1.0792
Parabolic SAR (0,02-0,02-0,2): 1.0801
Elder Ray (13): -0.0015
Super Trend (3,10): 1.0774
Zig ZAG (10): 1.0773
VORTEX (21): 0.9583
Stochastique (14,3,5): 38.96
TEMA (21): 1.0791
Williams %R (14): -69.44
Chande Momentum Oscillator (20): -0.0008
Repulse (5,40,3): -0.1035
ROCnROLL: 2
TRIX (15,9): 0.0091
Courbe Coppock: 0.04
MA7: 1.0768
MA20: 1.0779
MA50: 1.0771
MA100: 1.0710
MAexp7: 1.0785
MAexp20: 1.0786
MAexp50: 1.0776
MAexp100: 1.0771
Price / MA7: +0.03%
Price / MA20: -0.07%
Price / MA50: -0%
Price / MA100: +0.57%
Price / MAexp7: -0.13%
Price / MAexp20: -0.14%
Price / MAexp50: -0.05%
Price / MAexp100: -0%

Quotes : 2020-09-21 08:56:00 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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