EUR/CHF - 15 min. - Technical analysis published on 10/27/2023 (GMT)
- 88
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 0.9485 CHF
My targets
0.9511 CHF (+0.0013)
0.9526 CHF (+0.0028)
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 0.9485 CHF. The buyers' bullish objective is set at 0.9511 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9526 CHF. If there is any crossing, the next objective would be the resistance located at 0.9552 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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 hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF price is 0.9498 CHF. On the day, this instrument gained +0.02% with the lowest point at 0.9488 CHF and the highest point at 0.9500 CHF. The deviation from the price is +0.11% for the low point and -0.02% for the high point.0.9488
0.9500
0.9498
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/CHF in 15 min. shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9440 | 0.9459 | 0.9491 | 0.9498 | 0.9506 | 0.9517 | 0.9534 |
| Change (%) | -0.61% | -0.41% | -0.07% | - | +0.08% | +0.20% | +0.38% |
| Change | -0.0058 | -0.0039 | -0.0007 | - | +0.0008 | +0.0019 | +0.0036 |
| Level | Intermediate | Major | Major | - | Minor | Intermediate | Intermediate |
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 | 0.9429 | 0.9444 | 0.9470 | 0.9485 | 0.9511 | 0.9526 | 0.9552 |
| Camarilla | 0.9485 | 0.9489 | 0.9492 | 0.9496 | 0.9500 | 0.9504 | 0.9507 |
| Woodie | 0.9435 | 0.9447 | 0.9476 | 0.9488 | 0.9517 | 0.9529 | 0.9558 |
| Fibonacci | 0.9444 | 0.9460 | 0.9469 | 0.9485 | 0.9501 | 0.9510 | 0.9526 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9284 | 0.9351 | 0.9401 | 0.9468 | 0.9518 | 0.9585 | 0.9635 |
| Camarilla | 0.9420 | 0.9431 | 0.9441 | 0.9452 | 0.9463 | 0.9474 | 0.9484 |
| Woodie | 0.9277 | 0.9347 | 0.9394 | 0.9464 | 0.9511 | 0.9581 | 0.9628 |
| Fibonacci | 0.9351 | 0.9395 | 0.9423 | 0.9468 | 0.9512 | 0.9540 | 0.9585 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9394 | 0.9458 | 0.9567 | 0.9631 | 0.9740 | 0.9804 | 0.9913 |
| Camarilla | 0.9629 | 0.9645 | 0.9661 | 0.9677 | 0.9693 | 0.9709 | 0.9725 |
| Woodie | 0.9418 | 0.9469 | 0.9591 | 0.9642 | 0.9764 | 0.9815 | 0.9937 |
| Fibonacci | 0.9458 | 0.9524 | 0.9565 | 0.9631 | 0.9697 | 0.9738 | 0.9804 |
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): | 54.28 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 4.8768 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.9496 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9490 | |
| Elder Ray (13): | 0.0001 | |
| Super Trend (3,10): | 0.9488 | |
| Zig ZAG (10): | 0.9495 | |
| VORTEX (21): | 1.0833 | |
| Stochastique (14,3,5): | 75.00 | |
| TEMA (21): | 0.9496 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 0.0005 | |
| Repulse (5,40,3): | 0.0197 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0010 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.9475 | |
| MA20: | 0.9538 | |
| MA50: | 0.9568 | |
| MA100: | 0.9622 | |
| MAexp7: | 0.9496 | |
| MAexp20: | 0.9495 | |
| MAexp50: | 0.9492 | |
| MAexp100: | 0.9486 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | -0.73% | |
| Price / MA100: | -1.29% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.13% |
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:
-
EUR/CHF Forecast November 8, 2022
-
EUR/CHF Forecast September 30, 2022
-
Trading the Trend: #EURCHF to continue downwards?
-
EUR/CHF Forecast September 9, 2022
-
Trade of the Week 22/08 - Short EUR/CHF
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis EUR/CHF - 15 min.