EUR/CHF - 1H - Technical analysis published on 04/22/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 1.1048 CHF
My targets
1.1008 CHF (-0.0013)
1.0993 CHF (-0.0028)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/CHF as long as the price remains well below 1.1048 CHF. The sellers” bearish objective is set at 1.1008 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0993 CHF. In case of crossing, the next objective would be the support located at 1.0975 CHF.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.1
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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
EUR/CHF rating 1.1021 CHF. The price is lower by -0.13% since the last closing and was traded between 1.1021 CHF and 1.1036 CHF over the period. The price is currently at 0% from its lowest and -0.14% from its highest.1.1021
1.1036
1.1021
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 1.0993 | 1.1008 | 1.1019 | 1.1021 | 1.1031 | 1.1048 | 1.1057 |
| Change (%) | -0.25% | -0.12% | -0.02% | - | +0.09% | +0.24% | +0.33% |
| Change | -0.0028 | -0.0013 | -0.0002 | - | +0.0010 | +0.0027 | +0.0036 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
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 | 1.0979 | 1.0994 | 1.1014 | 1.1029 | 1.1049 | 1.1064 | 1.1084 |
| Camarilla | 1.1025 | 1.1029 | 1.1032 | 1.1035 | 1.1038 | 1.1041 | 1.1045 |
| Woodie | 1.0983 | 1.0995 | 1.1018 | 1.1030 | 1.1053 | 1.1065 | 1.1088 |
| Fibonacci | 1.0994 | 1.1007 | 1.1015 | 1.1029 | 1.1042 | 1.1050 | 1.1064 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0890 | 1.0932 | 1.0979 | 1.1021 | 1.1068 | 1.1110 | 1.1157 |
| Camarilla | 1.1001 | 1.1009 | 1.1017 | 1.1025 | 1.1033 | 1.1041 | 1.1050 |
| Woodie | 1.0892 | 1.0933 | 1.0981 | 1.1022 | 1.1070 | 1.1111 | 1.1159 |
| Fibonacci | 1.0932 | 1.0966 | 1.0987 | 1.1021 | 1.1055 | 1.1076 | 1.1110 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0751 | 1.0847 | 1.0959 | 1.1055 | 1.1167 | 1.1263 | 1.1375 |
| Camarilla | 1.1013 | 1.1032 | 1.1051 | 1.1070 | 1.1089 | 1.1108 | 1.1127 |
| Woodie | 1.0758 | 1.0851 | 1.0966 | 1.1059 | 1.1174 | 1.1267 | 1.1382 |
| Fibonacci | 1.0847 | 1.0927 | 1.0976 | 1.1055 | 1.1135 | 1.1184 | 1.1263 |
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): | 45.02 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 1.2587 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.1032 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1042 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 1.1039 | |
| Zig ZAG (10): | 1.1024 | |
| VORTEX (21): | 1.1046 | |
| Stochastique (14,3,5): | 18.29 | |
| TEMA (21): | 1.1031 | |
| Williams %R (14): | -94.44 | |
| Chande Momentum Oscillator (20): | -0.0007 | |
| Repulse (5,40,3): | -0.0380 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0030 | |
| Courbe Coppock: | 0.01 |
| MA7: | 1.1031 | |
| MA20: | 1.1040 | |
| MA50: | 1.1018 | |
| MA100: | 1.0911 | |
| MAexp7: | 1.1030 | |
| MAexp20: | 1.1030 | |
| MAexp50: | 1.1027 | |
| MAexp100: | 1.1025 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +1.01% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.08% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.04% |
Quotes :
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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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