EUR/CHF
EUR CHF
1.0946 CHF (-0.15%)
Real time - Forex
Open: 1.0962
Change: -0.0016
Volume: 30,190
Low: 1.0943
High: 1.0981
High / Low range: 0.0038
Type: Forex
Ticker: EURCHF
ISIN:

EUR/CHF - 1H - Technical analysis published on 10/01/2019

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 1.0876 CHF
My targets
1.0930 CHF (+0.39%)
1.0971 CHF (+0.76%)
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 1.0876 CHF. The buyers” bullish objective is set at 1.0930 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0971 CHF. If there is any crossing, the next objective would be the resistance located at 1.0987 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, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
5.9

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The EUR/CHF price is 1.0888 CHF. The price registered an increase of +0.13% on the session and was traded between 1.0872 CHF and 1.0921 CHF over the period. The price is currently at +0.15% from its lowest and -0.30% from its highest.

1.0872
1.0921
1.0888

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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 an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EUR/CHF in 1H 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.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

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:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Three black crows

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0782 1.0833 1.0876 1.0888 1.0930 1.0971 1.0987
Change (%) -0.97% -0.51% -0.11% - +0.39% +0.76% +0.91%
Change -0.0106 -0.0055 -0.0012 - +0.0042 +0.0083 +0.0099
Level Intermediate Intermediate Major - Intermediate 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
Standard1.07901.08131.08431.08661.08961.09191.0949
Camarilla1.08591.08641.08691.08741.08791.08841.0889
Woodie1.07951.08151.08481.08681.09011.09211.0954
Fibonacci1.08131.08331.08451.08661.08861.08981.0919


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07071.07701.08051.08681.09031.09661.1001
Camarilla1.08141.08231.08321.08411.08501.08591.0868
Woodie1.06941.07631.07921.08611.08901.09591.0988
Fibonacci1.07701.08071.08301.08681.09051.09281.0966


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.05761.06931.07841.09011.09921.11091.1200
Camarilla1.08171.08361.08551.08741.08931.09121.0931
Woodie1.05621.06871.07701.08951.09781.11031.1186
Fibonacci1.06931.07731.08221.09011.09811.10301.1109

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): 55.88
MACD (12,26,9): 0.0010
Directional Movement: 6.4651
AROON (14): 28.5715
DEMA (21): 1.0901
Parabolic SAR (0,02-0,02-0,2): 1.0921
Elder Ray (13): 0.0001
Super Trend (3,10): 1.0883
Zig ZAG (10): 1.0889
VORTEX (21): 1.0363
Stochastique (14,3,5): 48.30
TEMA (21): 1.0904
Williams %R (14): -65.31
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): -0.1508
ROCnROLL: -1
TRIX (15,9): 0.0127
Courbe Coppock: 0.43
MA7: 1.0864
MA20: 1.0912
MA50: 1.0913
MA100: 1.1037
MAexp7: 1.0897
MAexp20: 1.0888
MAexp50: 1.0875
MAexp100: 1.0871
Price / MA7: +0.22%
Price / MA20: -0.22%
Price / MA50: -0.23%
Price / MA100: -1.35%
Price / MAexp7: -0.08%
Price / MAexp20: -0%
Price / MAexp50: +0.12%
Price / MAexp100: +0.16%

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:

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

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