EUR/CHF - 1H - Technical analysis published on 09/28/2020 (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:
Neutral
De fond:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 1.0785 CHF
My targets
1.0823 CHF (+0.0023)
1.0864 CHF (+0.0064)
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 1.0785 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.0823 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 1.0897 CHF. If the support 1.0785 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, 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
4.5
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF rating is 1.0800 CHF. The price has increased by +0.00% since the last closing with the lowest point at 1.0800 CHF and the highest point at 1.0802 CHF. The deviation from the price is 0% for the low point and -0.02% for the high point.1.0800
1.0802
1.0800
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/CHF:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral 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.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0746 | 1.0754 | 1.0785 | 1.0800 | 1.0802 | 1.0823 | 1.0864 |
| Change (%) | -0.50% | -0.43% | -0.14% | - | +0.02% | +0.21% | +0.59% |
| Change | -0.0054 | -0.0046 | -0.0015 | - | +0.0002 | +0.0023 | +0.0064 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0757 | 1.0774 | 1.0790 | 1.0807 | 1.0823 | 1.0840 | 1.0856 |
| Camarilla | 1.0798 | 1.0801 | 1.0804 | 1.0807 | 1.0810 | 1.0813 | 1.0816 |
| Woodie | 1.0758 | 1.0774 | 1.0791 | 1.0807 | 1.0824 | 1.0840 | 1.0857 |
| Fibonacci | 1.0774 | 1.0786 | 1.0794 | 1.0807 | 1.0819 | 1.0827 | 1.0840 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0674 | 1.0707 | 1.0757 | 1.0790 | 1.0840 | 1.0873 | 1.0923 |
| Camarilla | 1.0784 | 1.0792 | 1.0799 | 1.0807 | 1.0815 | 1.0822 | 1.0830 |
| Woodie | 1.0683 | 1.0711 | 1.0766 | 1.0794 | 1.0849 | 1.0877 | 1.0932 |
| Fibonacci | 1.0707 | 1.0739 | 1.0758 | 1.0790 | 1.0822 | 1.0841 | 1.0873 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.04 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.1606 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 1.0801 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0785 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 1.0786 | |
| Zig ZAG (10): | 1.0801 | |
| VORTEX (21): | 0.9211 | |
| Stochastique (14,3,5): | 65.78 | |
| TEMA (21): | 1.0798 | |
| Williams %R (14): | -29.17 | |
| Chande Momentum Oscillator (20): | 0.0003 | |
| Repulse (5,40,3): | 0.0191 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0007 | |
| Courbe Coppock: | 0.09 |
| MA7: | 1.0790 | |
| MA20: | 1.0787 | |
| MA50: | 1.0775 | |
| MA100: | 1.0723 | |
| MAexp7: | 1.0799 | |
| MAexp20: | 1.0800 | |
| MAexp50: | 1.0795 | |
| MAexp100: | 1.0787 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +0.12% | |
| Price / MA50: | +0.23% | |
| Price / MA100: | +0.72% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.12% |
Quotes :
2020-09-28 00:02:58
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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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