EUR/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURCHF
ISIN:

EUR/CHF - Daily - Technical analysis published on 12/07/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 0.9734 CHF

My targets

0.9936 CHF (+0.0065)

1.0021 CHF (+0.0150)

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 0.9734 CHF. The buyers' bullish objective is set at 0.9936 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0021 CHF. If there is any crossing, the next objective would be the resistance located at 1.0098 CHF.

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

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

Additional analysis

Quotes

EUR/CHF rating 0.9871 CHF. The price registered an increase of +0.10% on the session and was traded between 0.9839 CHF and 0.9897 CHF over the period. The price is currently at +0.33% from its lowest and -0.26% from its highest.

0.9839

0.9897

0.9871

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 for higher/lower results shows the following items:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EUR/CHF indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from 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 shows a strong bullish signal.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9586	0.9734	0.9852	0.9871	0.9936	1.0021	1.0098
Change (%)	-2.89%	-1.39%	-0.19%	-	+0.66%	+1.52%	+2.30%
Change	-0.0285	-0.0137	-0.0019	-	+0.0065	+0.0150	+0.0227
Level	Minor	Intermediate	Major	-	Intermediate	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	0.9785	0.9820	0.9840	0.9875	0.9895	0.9930	0.9950
Camarilla	0.9846	0.9851	0.9856	0.9861	0.9866	0.9871	0.9876
Woodie	0.9779	0.9816	0.9834	0.9871	0.9889	0.9926	0.9944
Fibonacci	0.9820	0.9841	0.9854	0.9875	0.9896	0.9909	0.9930

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9709	0.9749	0.9812	0.9852	0.9915	0.9955	1.0018
Camarilla	0.9848	0.9857	0.9867	0.9876	0.9885	0.9895	0.9904
Woodie	0.9722	0.9755	0.9825	0.9858	0.9928	0.9961	1.0031
Fibonacci	0.9749	0.9788	0.9812	0.9852	0.9891	0.9915	0.9955

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9500	0.9607	0.9723	0.9830	0.9946	1.0053	1.0169
Camarilla	0.9777	0.9797	0.9818	0.9838	0.9858	0.9879	0.9899
Woodie	0.9504	0.9609	0.9727	0.9832	0.9950	1.0055	1.0173
Fibonacci	0.9607	0.9693	0.9745	0.9830	0.9916	0.9968	1.0053

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.32
MACD (12,26,9):	0.0015
Directional Movement:	1.9240
AROON (14):	64.2857
DEMA (21):	0.9865
Parabolic SAR (0,02-0,02-0,2):	0.9763
Elder Ray (13):	0.0015
Super Trend (3,10):	0.9718
Zig ZAG (10):	0.9875
VORTEX (21):	0.9711
Stochastique (14,3,5):	76.80
TEMA (21):	0.9862
Williams %R (14):	-22.97
Chande Momentum Oscillator (20):	0.0056
Repulse (5,40,3):	0.1713
ROCnROLL:	1
TRIX (15,9):	0.0150
Courbe Coppock:	0.96

MA7:	0.9865
MA20:	0.9829
MA50:	0.9815
MA100:	0.9750
MAexp7:	0.9863
MAexp20:	0.9845
MAexp50:	0.9818
MAexp100:	0.9840
Price / MA7:	+0.06%
Price / MA20:	+0.43%
Price / MA50:	+0.57%
Price / MA100:	+1.24%
Price / MAexp7:	+0.08%
Price / MAexp20:	+0.26%
Price / MAexp50:	+0.54%
Price / MAexp100:	+0.32%

Quotes : - 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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