EUR/CHF - 15 min. - Technical analysis published on 11/02/2023 (GMT)
- 91
- 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:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.9561 CHF
My targets
0.9621 CHF (+0.0029)
0.9654 CHF (+0.0062)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 0.9561 CHF. The buyers' bullish objective is set at 0.9621 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9654 CHF. If there is any crossing, the next objective would be the resistance located at 0.9681 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
5.2
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
EUR/CHF rating 0.9592 CHF. On the day, this instrument gained +0.05% with the lowest point at 0.9566 CHF and the highest point at 0.9596 CHF. The deviation from the price is +0.27% for the low point and -0.04% for the high point.0.9566
0.9596
0.9592
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/CHF indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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 : 15 minutes
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 | 0.9491 | 0.9518 | 0.9568 | 0.9592 | 0.9600 | 0.9630 | 0.9680 |
| Change (%) | -1.05% | -0.77% | -0.25% | - | +0.08% | +0.40% | +0.92% |
| Change | -0.0101 | -0.0074 | -0.0024 | - | +0.0008 | +0.0038 | +0.0088 |
| Level | Major | Intermediate | Minor | - | Minor | 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 | 0.9501 | 0.9534 | 0.9561 | 0.9594 | 0.9621 | 0.9654 | 0.9681 |
| Camarilla | 0.9571 | 0.9576 | 0.9582 | 0.9587 | 0.9593 | 0.9598 | 0.9604 |
| Woodie | 0.9497 | 0.9533 | 0.9557 | 0.9593 | 0.9617 | 0.9653 | 0.9677 |
| Fibonacci | 0.9534 | 0.9557 | 0.9571 | 0.9594 | 0.9617 | 0.9631 | 0.9654 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9336 | 0.9387 | 0.9463 | 0.9514 | 0.9590 | 0.9641 | 0.9717 |
| Camarilla | 0.9503 | 0.9515 | 0.9526 | 0.9538 | 0.9550 | 0.9561 | 0.9573 |
| Woodie | 0.9348 | 0.9393 | 0.9475 | 0.9520 | 0.9602 | 0.9647 | 0.9729 |
| Fibonacci | 0.9387 | 0.9436 | 0.9466 | 0.9514 | 0.9563 | 0.9593 | 0.9641 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9200 | 0.9309 | 0.9467 | 0.9576 | 0.9734 | 0.9843 | 1.0001 |
| Camarilla | 0.9553 | 0.9577 | 0.9602 | 0.9626 | 0.9651 | 0.9675 | 0.9699 |
| Woodie | 0.9226 | 0.9321 | 0.9493 | 0.9588 | 0.9760 | 0.9855 | 1.0027 |
| Fibonacci | 0.9309 | 0.9411 | 0.9474 | 0.9576 | 0.9678 | 0.9741 | 0.9843 |
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): | 67.52 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 16.2965 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 0.9585 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9577 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.9576 | |
| Zig ZAG (10): | 0.9594 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 88.21 | |
| TEMA (21): | 0.9589 | |
| Williams %R (14): | -4.17 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | 0.0937 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0006 | |
| Courbe Coppock: | 0.34 |
| MA7: | 0.9556 | |
| MA20: | 0.9533 | |
| MA50: | 0.9572 | |
| MA100: | 0.9616 | |
| MAexp7: | 0.9588 | |
| MAexp20: | 0.9584 | |
| MAexp50: | 0.9585 | |
| MAexp100: | 0.9589 | |
| Price / MA7: | +0.38% | |
| Price / MA20: | +0.62% | |
| Price / MA50: | +0.21% | |
| Price / MA100: | -0.25% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.03% |
Quotes :
-
Real time data
-
Forex
News
Don't forget to follow the news on EUR/CHF. At the time of publication of this analysis, the latest news 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.