EUR/CHF - 1H - Technical analysis published on 11/25/2020 (GMT)
- 167
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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 1.0837 CHF
My targets
1.0865 CHF (+0.0005)
1.0897 CHF (+0.0037)
My analysis
The bullish trend is currently very strong on EUR/CHF. As long as the price remains above the support at 1.0837 CHF, you could try to benefit from the boom. The first bullish objective is located at 1.0865 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.0897 CHF as an objective. Crossing it would then enable buyers to target 1.1194 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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 1.0860 CHF. The price has increased by +0.20% since the last closing and was between 1.0833 CHF and 1.0869 CHF. This implies that the price is at +0.25% from its lowest and at -0.08% from its highest.1.0833
1.0869
1.0860
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 1.0828 | 1.0837 | 1.0851 | 1.0860 | 1.0864 | 1.1194 | 1.1441 |
| Change (%) | -0.29% | -0.21% | -0.08% | - | +0.04% | +3.08% | +5.35% |
| Change | -0.0032 | -0.0023 | -0.0009 | - | +0.0004 | +0.0334 | +0.0581 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | 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 | 1.0761 | 1.0781 | 1.0810 | 1.0830 | 1.0859 | 1.0879 | 1.0908 |
| Camarilla | 1.0825 | 1.0829 | 1.0834 | 1.0838 | 1.0843 | 1.0847 | 1.0852 |
| Woodie | 1.0765 | 1.0783 | 1.0814 | 1.0832 | 1.0863 | 1.0881 | 1.0912 |
| Fibonacci | 1.0781 | 1.0800 | 1.0812 | 1.0830 | 1.0849 | 1.0861 | 1.0879 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0745 | 1.0767 | 1.0785 | 1.0807 | 1.0825 | 1.0847 | 1.0865 |
| Camarilla | 1.0793 | 1.0797 | 1.0800 | 1.0804 | 1.0808 | 1.0811 | 1.0815 |
| Woodie | 1.0744 | 1.0766 | 1.0784 | 1.0806 | 1.0824 | 1.0846 | 1.0864 |
| Fibonacci | 1.0767 | 1.0782 | 1.0791 | 1.0807 | 1.0822 | 1.0831 | 1.0847 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 73.18 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 24.7832 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.0849 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0836 | |
| Elder Ray (13): | 0.0010 | |
| Super Trend (3,10): | 1.0826 | |
| Zig ZAG (10): | 1.0866 | |
| VORTEX (21): | 1.0370 | |
| Stochastique (14,3,5): | 87.33 | |
| TEMA (21): | 1.0853 | |
| Williams %R (14): | -10.53 | |
| Chande Momentum Oscillator (20): | 0.0030 | |
| Repulse (5,40,3): | 0.2450 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.0819 | |
| MA20: | 1.0770 | |
| MA50: | 1.0763 | |
| MA100: | 1.0763 | |
| MAexp7: | 1.0847 | |
| MAexp20: | 1.0838 | |
| MAexp50: | 1.0826 | |
| MAexp100: | 1.0818 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +0.84% | |
| Price / MA50: | +0.90% | |
| Price / MA100: | +0.90% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.31% | |
| Price / MAexp100: | +0.39% |
Quotes :
2020-11-25 08:47:30
-
Real time data
-
Forex
News
The last news published on EUR/CHF at the time of the generation of this analysis 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
-
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