EUR/CHF - 15 min. - Technical analysis published on 11/10/2020 (GMT)
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- Timeframe : 15 min.
- - 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:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.0761 CHF
My targets
1.0843 CHF (+0.0025)
1.0890 CHF (+0.0072)
My analysis
The bullish trend is currently very strong on EUR/CHF. As long as the price remains above the support at 1.0761 CHF, you could try to benefit from the boom. The first bullish objective is located at 1.0843 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.0890 CHF as an objective. Crossing it would then enable buyers to target 1.0972 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF price is 1.0818 CHF. On the day, this instrument gained +0.21% and was traded between 1.0782 CHF and 1.0819 CHF over the period. The price is currently at +0.33% from its lowest and -0.01% from its highest.1.0782
1.0819
1.0818
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/CHF indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.0719 | 1.0746 | 1.0807 | 1.0818 | 1.0837 | 1.0864 | 1.1194 |
| Change (%) | -0.92% | -0.67% | -0.10% | - | +0.18% | +0.43% | +3.48% |
| Change | -0.0099 | -0.0072 | -0.0011 | - | +0.0019 | +0.0046 | +0.0376 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0585 | 1.0632 | 1.0714 | 1.0761 | 1.0843 | 1.0890 | 1.0972 |
| Camarilla | 1.0760 | 1.0771 | 1.0783 | 1.0795 | 1.0807 | 1.0819 | 1.0831 |
| Woodie | 1.0602 | 1.0641 | 1.0731 | 1.0770 | 1.0860 | 1.0899 | 1.0989 |
| Fibonacci | 1.0632 | 1.0682 | 1.0712 | 1.0761 | 1.0811 | 1.0841 | 1.0890 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0587 | 1.0624 | 1.0654 | 1.0691 | 1.0721 | 1.0758 | 1.0788 |
| Camarilla | 1.0667 | 1.0673 | 1.0679 | 1.0685 | 1.0691 | 1.0697 | 1.0703 |
| Woodie | 1.0585 | 1.0622 | 1.0652 | 1.0689 | 1.0719 | 1.0756 | 1.0786 |
| Fibonacci | 1.0624 | 1.0649 | 1.0665 | 1.0691 | 1.0716 | 1.0732 | 1.0758 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0486 | 1.0578 | 1.0623 | 1.0715 | 1.0760 | 1.0852 | 1.0897 |
| Camarilla | 1.0631 | 1.0644 | 1.0656 | 1.0669 | 1.0682 | 1.0694 | 1.0707 |
| Woodie | 1.0464 | 1.0566 | 1.0601 | 1.0703 | 1.0738 | 1.0840 | 1.0875 |
| Fibonacci | 1.0578 | 1.0630 | 1.0662 | 1.0715 | 1.0767 | 1.0799 | 1.0852 |
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): | 62.63 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 13.6404 | |
| AROON (14): | 57.1428 | |
| DEMA (21): | 1.0805 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0789 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 1.0786 | |
| Zig ZAG (10): | 1.0807 | |
| VORTEX (21): | 1.0751 | |
| Stochastique (14,3,5): | 79.69 | |
| TEMA (21): | 1.0807 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.0007 | |
| Repulse (5,40,3): | 0.0339 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0033 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1.0726 | |
| MA20: | 1.0718 | |
| MA50: | 1.0756 | |
| MA100: | 1.0744 | |
| MAexp7: | 1.0805 | |
| MAexp20: | 1.0801 | |
| MAexp50: | 1.0794 | |
| MAexp100: | 1.0777 | |
| Price / MA7: | +0.86% | |
| Price / MA20: | +0.93% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +0.69% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.38% |
Quotes :
2020-11-10 10:21:34
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Real time data
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Forex
News
The last news published on EUR/CHF at the time of the generation of this analysis was as follows:
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Bullish Sentiment Signals for EUR/JPY, EUR/CHF | Webinar
-
Will EUR/CHF target 1.0576? – 3rd July 2020
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Weekly Technical Analysis: 09/03/2020 - USDJPY, GBPUSD, EURCHF
-
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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