EUR/CHF - 1H - Technical analysis published on 12/11/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1.0911 CHF
My targets
1.0971 CHF (+0.0033)
1.0983 CHF (+0.0045)
My analysis
The basic trend is currently slightly bullish on EUR/CHF and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 1.0911 CHF, purchases could be favourable. The first bullish objective would be the resistance located at 1.0971 CHF. Then the price could move towards 1.0983 CHF. Then 1.1010 CHF by extension. A return under the support to 1.0911 CHF could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
5
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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 rating is 1.0938 CHF. On the day, this instrument gained +0.16% and was traded between 1.0910 CHF and 1.0946 CHF over the period. The price is currently at +0.26% from its lowest and -0.07% from its highest.1.0910
1.0946
1.0938
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/CHF:
Technical
Technical analysis of this 1H chart of EUR/CHF indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0897 | 1.0911 | 1.0937 | 1.0938 | 1.0971 | 1.0983 | 1.1010 |
| Change (%) | -0.37% | -0.25% | -0.01% | - | +0.30% | +0.41% | +0.66% |
| Change | -0.0041 | -0.0027 | -0.0001 | - | +0.0033 | +0.0045 | +0.0072 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | 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 | 1.0883 | 1.0897 | 1.0909 | 1.0923 | 1.0935 | 1.0949 | 1.0961 |
| Camarilla | 1.0914 | 1.0916 | 1.0919 | 1.0921 | 1.0923 | 1.0926 | 1.0928 |
| Woodie | 1.0882 | 1.0897 | 1.0908 | 1.0923 | 1.0934 | 1.0949 | 1.0960 |
| Fibonacci | 1.0897 | 1.0907 | 1.0913 | 1.0923 | 1.0933 | 1.0939 | 1.0949 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0800 | 1.0861 | 1.0907 | 1.0968 | 1.1014 | 1.1075 | 1.1121 |
| Camarilla | 1.0925 | 1.0934 | 1.0944 | 1.0954 | 1.0964 | 1.0974 | 1.0983 |
| Woodie | 1.0794 | 1.0857 | 1.0901 | 1.0964 | 1.1008 | 1.1071 | 1.1115 |
| Fibonacci | 1.0861 | 1.0902 | 1.0927 | 1.0968 | 1.1009 | 1.1034 | 1.1075 |
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 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): | 61.19 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 3.5168 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 1.0934 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0920 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 1.0916 | |
| Zig ZAG (10): | 1.0938 | |
| VORTEX (21): | 1.0881 | |
| Stochastique (14,3,5): | 82.41 | |
| TEMA (21): | 1.0940 | |
| Williams %R (14): | -22.22 | |
| Chande Momentum Oscillator (20): | 0.0022 | |
| Repulse (5,40,3): | 0.0567 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0023 | |
| Courbe Coppock: | 0.34 |
| MA7: | 1.0943 | |
| MA20: | 1.0963 | |
| MA50: | 1.0976 | |
| MA100: | 1.0944 | |
| MAexp7: | 1.0936 | |
| MAexp20: | 1.0930 | |
| MAexp50: | 1.0930 | |
| MAexp100: | 1.0938 | |
| Price / MA7: | -0.05% | |
| Price / MA20: | -0.23% | |
| Price / MA50: | -0.35% | |
| Price / MA100: | -0.05% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | -0% |
News
The latest news and videos published on EUR/CHF at the time of the analysis were 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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