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EUR/CHF
EUR CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURCHF
ISIN:

EUR/CHF - 1H - Technical analysis published on 10/15/2019 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1.1003 CHF
My targets
1.1040 CHF (+0.21%)
1.1082 CHF (+0.59%)
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 1.1003 CHF. The buyers” bullish objective is set at 1.1040 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1082 CHF. If there is any crossing, the next objective would be the resistance located at 1.1167 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EUR/CHF rating is 1.1017 CHF. On the day, this instrument gained +0.15% with the lowest point at 1.0973 CHF and the highest point at 1.1027 CHF. The deviation from the price is +0.40% for the low point and -0.09% for the high point.

1.0973
1.1027
1.1017

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/CHF:

Technical


A technical analysis in 1H of this EUR/CHF chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
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 these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.0932 1.0971 1.1003 1.1017 1.1040 1.1082 1.1167
Change (%) -0.77% -0.42% -0.13% - +0.21% +0.59% +1.36%
Change -0.0085 -0.0046 -0.0014 - +0.0023 +0.0065 +0.0150
Level Minor Major Minor - Intermediate Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.09341.09521.09771.09951.10201.10381.1063
Camarilla1.09891.09931.09971.10011.10051.10091.1013
Woodie1.09371.09541.09801.09971.10231.10401.1066
Fibonacci1.09521.09691.09791.09951.10121.10221.1038


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.07351.08031.09041.09721.10731.11411.1242
Camarilla1.09591.09741.09901.10051.10211.10361.1052
Woodie1.07521.08111.09211.09801.10901.11491.1259
Fibonacci1.08031.08681.09071.09721.10371.10761.1141


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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.46
MACD (12,26,9): 0.0001
Directional Movement: 11.9928
AROON (14): 42.8571
DEMA (21): 1.0992
Parabolic SAR (0,02-0,02-0,2): 1.0876
Elder Ray (13): 0.0027
Super Trend (3,10): 1.0940
Zig ZAG (10): 1.1015
VORTEX (21): 1.0569
Stochastique (14,3,5): 87.26
TEMA (21): 1.0993
Williams %R (14): -7.79
Chande Momentum Oscillator (20): 0.0020
Repulse (5,40,3): 0.1775
ROCnROLL: 1
TRIX (15,9): -0.0026
Courbe Coppock: 0.12
MA7: 1.0956
MA20: 1.0920
MA50: 1.0904
MA100: 1.1005
MAexp7: 1.0996
MAexp20: 1.0991
MAexp50: 1.0989
MAexp100: 1.0976
Price / MA7: +0.56%
Price / MA20: +0.89%
Price / MA50: +1.04%
Price / MA100: +0.11%
Price / MAexp7: +0.19%
Price / MAexp20: +0.24%
Price / MAexp50: +0.25%
Price / MAexp100: +0.37%

News


The latest news and videos published on EUR/CHF at the time of the analysis were as follows:

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

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