EUR/CHF - Daily - Technical analysis published on 12/04/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 1.1049 CHF
My targets
1.0897 CHF (-0.0050)
1.0828 CHF (-0.0119)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/CHF as long as the price remains well below 1.1049 CHF. The sellers” bearish objective is set at 1.0897 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0828 CHF. In case of crossing, the next objective would be the support located at 1.0639 CHF.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.8
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 1.0947 CHF. On the day, this instrument gained +0.05% and was traded between 1.0921 CHF and 1.0954 CHF over the period. The price is currently at +0.24% from its lowest and -0.06% from its highest.1.0921
1.0954
1.0947
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Technical
Technical analysis of EUR/CHF in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.0639 | 1.0828 | 1.0897 | 1.0947 | 1.0971 | 1.1049 | 1.1167 |
| Change (%) | -2.81% | -1.09% | -0.46% | - | +0.22% | +0.93% | +2.01% |
| Change | -0.0308 | -0.0119 | -0.0050 | - | +0.0024 | +0.0102 | +0.0220 |
| Level | Major | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 1.0849 | 1.0888 | 1.0915 | 1.0954 | 1.0981 | 1.1020 | 1.1047 |
| Camarilla | 1.0924 | 1.0930 | 1.0936 | 1.0942 | 1.0948 | 1.0954 | 1.0960 |
| Woodie | 1.0843 | 1.0885 | 1.0909 | 1.0951 | 1.0975 | 1.1017 | 1.1041 |
| Fibonacci | 1.0888 | 1.0913 | 1.0929 | 1.0954 | 1.0979 | 1.0995 | 1.1020 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0927 | 1.0947 | 1.0983 | 1.1003 | 1.1039 | 1.1059 | 1.1095 |
| Camarilla | 1.1004 | 1.1009 | 1.1014 | 1.1019 | 1.1024 | 1.1029 | 1.1034 |
| Woodie | 1.0935 | 1.0951 | 1.0991 | 1.1007 | 1.1047 | 1.1063 | 1.1103 |
| Fibonacci | 1.0947 | 1.0968 | 1.0982 | 1.1003 | 1.1024 | 1.1038 | 1.1059 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0738 | 1.0800 | 1.0910 | 1.0972 | 1.1082 | 1.1144 | 1.1254 |
| Camarilla | 1.0972 | 1.0988 | 1.1003 | 1.1019 | 1.1035 | 1.1051 | 1.1066 |
| Woodie | 1.0761 | 1.0812 | 1.0933 | 1.0984 | 1.1105 | 1.1156 | 1.1277 |
| Fibonacci | 1.0800 | 1.0866 | 1.0907 | 1.0972 | 1.1038 | 1.1079 | 1.1144 |
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): | 44.36 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -6.7709 | |
| AROON (14): | 85.7143 | |
| DEMA (21): | 1.0974 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1028 | |
| Elder Ray (13): | -0.0036 | |
| Super Trend (3,10): | 1.0898 | |
| Zig ZAG (10): | 1.0948 | |
| VORTEX (21): | 0.9302 | |
| Stochastique (14,3,5): | 53.38 | |
| TEMA (21): | 1.0969 | |
| Williams %R (14): | -59.26 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -0.2798 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0008 | |
| Courbe Coppock: | 0.58 |
| MA7: | 1.0981 | |
| MA20: | 1.0966 | |
| MA50: | 1.0969 | |
| MA100: | 1.0947 | |
| MAexp7: | 1.0970 | |
| MAexp20: | 1.0974 | |
| MAexp50: | 1.0971 | |
| MAexp100: | 1.0994 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -0.17% | |
| Price / MA50: | -0.20% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.25% | |
| Price / MAexp50: | -0.22% | |
| Price / MAexp100: | -0.43% |
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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Quick EURUSD EURCHF 07 25 2019
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As France, Italy, ECB and Other Euro Risks Rise, Watch EURCHF
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Weekly Technical Analysis: 29/05/2018 - USDJPY, EURUSD, GBPUSD, EURCHF
This member declared not having a position on this financial instrument or a related financial instrument.
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