EUR/CHF - 1H - Technical analysis published on 10/01/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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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
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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:
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:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0790 | 1.0813 | 1.0843 | 1.0866 | 1.0896 | 1.0919 | 1.0949 |
| Camarilla | 1.0859 | 1.0864 | 1.0869 | 1.0874 | 1.0879 | 1.0884 | 1.0889 |
| Woodie | 1.0795 | 1.0815 | 1.0848 | 1.0868 | 1.0901 | 1.0921 | 1.0954 |
| Fibonacci | 1.0813 | 1.0833 | 1.0845 | 1.0866 | 1.0886 | 1.0898 | 1.0919 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0707 | 1.0770 | 1.0805 | 1.0868 | 1.0903 | 1.0966 | 1.1001 |
| Camarilla | 1.0814 | 1.0823 | 1.0832 | 1.0841 | 1.0850 | 1.0859 | 1.0868 |
| Woodie | 1.0694 | 1.0763 | 1.0792 | 1.0861 | 1.0890 | 1.0959 | 1.0988 |
| Fibonacci | 1.0770 | 1.0807 | 1.0830 | 1.0868 | 1.0905 | 1.0928 | 1.0966 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0576 | 1.0693 | 1.0784 | 1.0901 | 1.0992 | 1.1109 | 1.1200 |
| Camarilla | 1.0817 | 1.0836 | 1.0855 | 1.0874 | 1.0893 | 1.0912 | 1.0931 |
| Woodie | 1.0562 | 1.0687 | 1.0770 | 1.0895 | 1.0978 | 1.1103 | 1.1186 |
| Fibonacci | 1.0693 | 1.0773 | 1.0822 | 1.0901 | 1.0981 | 1.1030 | 1.1109 |
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:
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This member declared not having a position on this financial instrument or a related financial instrument.
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