EUR/CHF
EUR CHF
- CHF (-)
- Real time data - Forex
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Change: -
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High: -
High / Low range: -
Type: Forex
Ticker: EURCHF
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EUR/CHF - Daily - Technical analysis published on 12/07/2022 (GMT)

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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%
0%
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
0
10
7

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:
15 min. 1H Weekly

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:

Central Records

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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard0.97850.98200.98400.98750.98950.99300.9950
Camarilla0.98460.98510.98560.98610.98660.98710.9876
Woodie0.97790.98160.98340.98710.98890.99260.9944
Fibonacci0.98200.98410.98540.98750.98960.99090.9930


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.97090.97490.98120.98520.99150.99551.0018
Camarilla0.98480.98570.98670.98760.98850.98950.9904
Woodie0.97220.97550.98250.98580.99280.99611.0031
Fibonacci0.97490.97880.98120.98520.98910.99150.9955


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.95000.96070.97230.98300.99461.00531.0169
Camarilla0.97770.97970.98180.98380.98580.98790.9899
Woodie0.95040.96090.97270.98320.99501.00551.0173
Fibonacci0.96070.96930.97450.98300.99160.99681.0053

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

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

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