EUR/CHF - 1H - Technical analysis published on 10/07/2020 (GMT)
- Who voted?
- 133
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.0768 CHF
My targets
1.0798 CHF (+0.0013)
1.0819 CHF (+0.0034)
My analysis
EUR/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0768 CHF. The next resistance located at 1.0798 CHF is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0819 CHF. After this resistance, buyers could then target 1.0830 CHF.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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:
Additional analysis
Quotes
EUR/CHF rating 1.0785 CHF. The price registered an increase of +0.14% on the session and was traded between 1.0767 CHF and 1.0797 CHF over the period. The price is currently at +0.17% from its lowest and -0.11% from its highest.1.0767
1.0797
1.0785
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. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0747 | 1.0768 | 1.0785 | 1.0785 | 1.0798 | 1.0819 | 1.0830 |
| Change (%) | -0.35% | -0.16% | 0% | - | +0.12% | +0.32% | +0.42% |
| Change | -0.0038 | -0.0017 | 0 | - | +0.0013 | +0.0034 | +0.0045 |
| Level | Major | Major | Minor | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0735 | 1.0751 | 1.0760 | 1.0776 | 1.0785 | 1.0801 | 1.0810 |
| Camarilla | 1.0763 | 1.0765 | 1.0768 | 1.0770 | 1.0772 | 1.0775 | 1.0777 |
| Woodie | 1.0733 | 1.0749 | 1.0758 | 1.0774 | 1.0783 | 1.0799 | 1.0808 |
| Fibonacci | 1.0751 | 1.0760 | 1.0766 | 1.0776 | 1.0785 | 1.0791 | 1.0801 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0687 | 1.0724 | 1.0755 | 1.0792 | 1.0823 | 1.0860 | 1.0891 |
| Camarilla | 1.0766 | 1.0773 | 1.0779 | 1.0785 | 1.0791 | 1.0798 | 1.0804 |
| Woodie | 1.0683 | 1.0723 | 1.0751 | 1.0791 | 1.0819 | 1.0859 | 1.0887 |
| Fibonacci | 1.0724 | 1.0750 | 1.0766 | 1.0792 | 1.0818 | 1.0834 | 1.0860 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0570 | 1.0649 | 1.0722 | 1.0801 | 1.0874 | 1.0953 | 1.1026 |
| Camarilla | 1.0754 | 1.0768 | 1.0782 | 1.0796 | 1.0810 | 1.0824 | 1.0838 |
| Woodie | 1.0568 | 1.0648 | 1.0720 | 1.0800 | 1.0872 | 1.0952 | 1.1024 |
| Fibonacci | 1.0649 | 1.0707 | 1.0743 | 1.0801 | 1.0859 | 1.0895 | 1.0953 |
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): | 62.05 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 14.2904 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.0782 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0771 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 1.0766 | |
| Zig ZAG (10): | 1.0788 | |
| VORTEX (21): | 1.0585 | |
| Stochastique (14,3,5): | 76.59 | |
| TEMA (21): | 1.0785 | |
| Williams %R (14): | -30.00 | |
| Chande Momentum Oscillator (20): | 0.0018 | |
| Repulse (5,40,3): | 0.0602 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.17 |
| MA7: | 1.0788 | |
| MA20: | 1.0781 | |
| MA50: | 1.0779 | |
| MA100: | 1.0739 | |
| MAexp7: | 1.0784 | |
| MAexp20: | 1.0780 | |
| MAexp50: | 1.0779 | |
| MAexp100: | 1.0781 | |
| Price / MA7: | -0.03% | |
| Price / MA20: | +0.04% | |
| Price / MA50: | +0.06% | |
| Price / MA100: | +0.43% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.04% |
Quotes :
2020-10-07 11:18:52
-
Real time data
-
Forex
News
The latest news and videos published on EUR/CHF at the time of the analysis were 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
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/CHF - 1H