EUR/CHF - 1H - Technical analysis published on 11/30/2020 (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
44%
17%
39%
My opinion
Bullish above 1.0802 CHF
My targets
1.0837 CHF (+0.0016)
1.0851 CHF (+0.0030)
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 1.0802 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.0837 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 1.0851 CHF as an objective. Crossing it would then enable buyers to target 1.0864 CHF. If the support 1.0802 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.
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
3.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF rating is 1.0821 CHF. On the day, this instrument lost -0.02% with the lowest point at 1.0803 CHF and the highest point at 1.0860 CHF. The deviation from the price is +0.17% for the low point and -0.36% for the high point.1.0803
1.0860
1.0821
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. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 8 technical indicators out of 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Long black line
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0791 | 1.0802 | 1.0811 | 1.0821 | 1.0825 | 1.0837 | 1.0851 |
| Change (%) | -0.28% | -0.18% | -0.09% | - | +0.04% | +0.15% | +0.28% |
| Change | -0.0030 | -0.0019 | -0.0010 | - | +0.0004 | +0.0016 | +0.0030 |
| Level | Intermediate | Intermediate | Minor | - | Major | 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 | 1.0766 | 1.0780 | 1.0801 | 1.0815 | 1.0836 | 1.0850 | 1.0871 |
| Camarilla | 1.0813 | 1.0817 | 1.0820 | 1.0823 | 1.0826 | 1.0829 | 1.0833 |
| Woodie | 1.0771 | 1.0782 | 1.0806 | 1.0817 | 1.0841 | 1.0852 | 1.0876 |
| Fibonacci | 1.0780 | 1.0793 | 1.0801 | 1.0815 | 1.0828 | 1.0836 | 1.0850 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0704 | 1.0748 | 1.0785 | 1.0829 | 1.0866 | 1.0910 | 1.0947 |
| Camarilla | 1.0801 | 1.0808 | 1.0816 | 1.0823 | 1.0830 | 1.0838 | 1.0845 |
| Woodie | 1.0702 | 1.0746 | 1.0783 | 1.0827 | 1.0864 | 1.0908 | 1.0945 |
| Fibonacci | 1.0748 | 1.0779 | 1.0798 | 1.0829 | 1.0860 | 1.0879 | 1.0910 |
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): | 54.32 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 15.0442 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.0830 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0822 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.0810 | |
| Zig ZAG (10): | 1.0825 | |
| VORTEX (21): | 1.0044 | |
| Stochastique (14,3,5): | 57.86 | |
| TEMA (21): | 1.0833 | |
| Williams %R (14): | -63.16 | |
| Chande Momentum Oscillator (20): | 0.0008 | |
| Repulse (5,40,3): | -0.1689 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0047 | |
| Courbe Coppock: | 0.25 |
| MA7: | 1.0817 | |
| MA20: | 1.0788 | |
| MA50: | 1.0765 | |
| MA100: | 1.0768 | |
| MAexp7: | 1.0830 | |
| MAexp20: | 1.0824 | |
| MAexp50: | 1.0819 | |
| MAexp100: | 1.0818 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | +0.31% | |
| Price / MA50: | +0.52% | |
| Price / MA100: | +0.49% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | +0.03% |
Quotes :
2020-11-30 17:01:52
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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:
-
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
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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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