EUR/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURCHF
ISIN:

EUR/CHF - Daily - Technical analysis published on 03/23/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

22%

33%

44%

My opinion

Bullish above 1.0837 CHF

My targets

1.1122 CHF (+0.0058)

1.1194 CHF (+0.0130)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 1.0837 CHF. The buyers” bullish objective is set at 1.1122 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1194 CHF. If there is any crossing, the next objective would be the resistance located at 1.1441 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.7

Comment on the analysis

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 savas. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/CHF price is 1.1064 CHF. The price has increased by +0.41% since the last closing and was traded between 1.1018 CHF and 1.1064 CHF over the period. The price is currently at +0.42% from its lowest and 0% from its highest.

1.1018

1.1064

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of EUR/CHF in Daily shows a strongly overall 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. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0761	1.0837	1.1048	1.1064	1.1122	1.1194	1.1441
Change (%)	-2.74%	-2.05%	-0.14%	-	+0.52%	+1.17%	+3.41%
Change	-0.0303	-0.0227	-0.0016	-	+0.0058	+0.0130	+0.0377
Level	Intermediate	Major	Major	-	Major	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0941	1.0974	1.0997	1.1030	1.1053	1.1086	1.1109
Camarilla	1.1004	1.1009	1.1014	1.1019	1.1024	1.1029	1.1034
Woodie	1.0935	1.0972	1.0991	1.1028	1.1047	1.1084	1.1103
Fibonacci	1.0974	1.0996	1.1009	1.1030	1.1052	1.1065	1.1086

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0897	1.0950	1.1004	1.1057	1.1111	1.1164	1.1218
Camarilla	1.1029	1.1038	1.1048	1.1058	1.1068	1.1078	1.1087
Woodie	1.0898	1.0950	1.1005	1.1057	1.1112	1.1164	1.1219
Fibonacci	1.0950	1.0991	1.1016	1.1057	1.1098	1.1123	1.1164

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0493	1.0640	1.0805	1.0952	1.1117	1.1264	1.1429
Camarilla	1.0885	1.0914	1.0942	1.0971	1.1000	1.1028	1.1057
Woodie	1.0503	1.0645	1.0815	1.0957	1.1127	1.1269	1.1439
Fibonacci	1.0640	1.0759	1.0833	1.0952	1.1071	1.1145	1.1264

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):	57.08
MACD (12,26,9):	0.0039
Directional Movement:	2.8635
AROON (14):	-57.1428
DEMA (21):	1.1087
Parabolic SAR (0,02-0,02-0,2):	1.1138
Elder Ray (13):	-0.0005
Super Trend (3,10):	1.0950
Zig ZAG (10):	1.1060
VORTEX (21):	1.1180
Stochastique (14,3,5):	28.64
TEMA (21):	1.1082
Williams %R (14):	-62.42
Chande Momentum Oscillator (20):	-0.0030
Repulse (5,40,3):	0.1749
ROCnROLL:	1
TRIX (15,9):	0.0726
Courbe Coppock:	0.15

MA7:	1.1045
MA20:	1.1057
MA50:	1.0908
MA100:	1.0855
MAexp7:	1.1051
MAexp20:	1.1028
MAexp50:	1.0949
MAexp100:	1.0882
Price / MA7:	+0.17%
Price / MA20:	+0.06%
Price / MA50:	+1.43%
Price / MA100:	+1.93%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.33%
Price / MAexp50:	+1.05%
Price / MAexp100:	+1.67%

Quotes : 2021-03-23 13:03:03 - Real time data - Forex

News

The last news published on EUR/CHF at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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