EUR/CHF - 1H - Technical analysis published on 01/02/2020 (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:
Bearish
De fond:
Bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 1.0869 CHF
My targets
1.0839 CHF (-0.0017)
1.0827 CHF (-0.0029)
My analysis
There is a bearish trend on EUR/CHF both at the basic level and in the short term. A sale could be considered, so long as the price remains below 1.0869 CHF. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.0839 CHF. Then the price could move towards 1.0827 CHF. Then 1.0639 CHF by extension. Be careful, a return to above the resistance 1.0869 CHF would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.9
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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 1.0856 CHF. On the day, this instrument lost -0.02% and was between 1.0851 CHF and 1.0878 CHF. This implies that the price is at +0.05% from its lowest and at -0.20% from its highest.1.0851
1.0878
1.0856
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a bearish trend. 75% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support 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 | 1.0827 | 1.0839 | 1.0849 | 1.0856 | 1.0861 | 1.0869 | 1.0883 |
Change (%) | -0.27% | -0.16% | -0.06% | - | +0.05% | +0.12% | +0.25% |
Change | -0.0029 | -0.0017 | -0.0007 | - | +0.0005 | +0.0013 | +0.0027 |
Level | Major | Minor | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0822 | 1.0832 | 1.0845 | 1.0855 | 1.0868 | 1.0878 | 1.0891 |
Camarilla | 1.0852 | 1.0854 | 1.0856 | 1.0858 | 1.0860 | 1.0862 | 1.0864 |
Woodie | 1.0824 | 1.0833 | 1.0847 | 1.0856 | 1.0870 | 1.0879 | 1.0893 |
Fibonacci | 1.0832 | 1.0841 | 1.0846 | 1.0855 | 1.0864 | 1.0869 | 1.0878 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0821 | 1.0841 | 1.0865 | 1.0885 | 1.0909 | 1.0929 | 1.0953 |
Camarilla | 1.0877 | 1.0881 | 1.0885 | 1.0889 | 1.0893 | 1.0897 | 1.0901 |
Woodie | 1.0823 | 1.0842 | 1.0867 | 1.0886 | 1.0911 | 1.0930 | 1.0955 |
Fibonacci | 1.0841 | 1.0858 | 1.0868 | 1.0885 | 1.0902 | 1.0912 | 1.0929 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.0586 | 1.0713 | 1.0783 | 1.0910 | 1.0980 | 1.1107 | 1.1177 |
Camarilla | 1.0800 | 1.0818 | 1.0836 | 1.0854 | 1.0872 | 1.0890 | 1.0908 |
Woodie | 1.0559 | 1.0699 | 1.0756 | 1.0896 | 1.0953 | 1.1093 | 1.1150 |
Fibonacci | 1.0713 | 1.0788 | 1.0834 | 1.0910 | 1.0985 | 1.1031 | 1.1107 |
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): | 46.18 | |
MACD (12,26,9): | 0.0002 | |
Directional Movement: | -9.3210 | |
AROON (14): | 50.0000 | |
DEMA (21): | 1.0865 | |
Parabolic SAR (0,02-0,02-0,2): | 1.0877 | |
Elder Ray (13): | -0.0004 | |
Super Trend (3,10): | 1.0850 | |
Zig ZAG (10): | 1.0856 | |
VORTEX (21): | 0.9714 | |
Stochastique (14,3,5): | 48.04 | |
TEMA (21): | 1.0868 | |
Williams %R (14): | -52.94 | |
Chande Momentum Oscillator (20): | 0.0005 | |
Repulse (5,40,3): | -0.0893 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0032 | |
Courbe Coppock: | 0.16 |
MA7: | 1.0869 | |
MA20: | 1.0904 | |
MA50: | 1.0950 | |
MA100: | 1.0936 | |
MAexp7: | 1.0864 | |
MAexp20: | 1.0862 | |
MAexp50: | 1.0861 | |
MAexp100: | 1.0866 | |
Price / MA7: | -0.12% | |
Price / MA20: | -0.44% | |
Price / MA50: | -0.86% | |
Price / MA100: | -0.73% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | -0.06% | |
Price / MAexp50: | -0.05% | |
Price / MAexp100: | -0.09% |
News
The last news published on EUR/CHF at the time of the generation of this analysis was as follows:
- Weekly Technical Analysis: 26/08/2019 - USDJPY, EURCHF, NZDUSD
- Quick EURUSD EURCHF 07 25 2019
- As France, Italy, ECB and Other Euro Risks Rise, Watch EURCHF
- Could a Desperate SNB Trigger a EURCHF, Swiss Franc Reversal?
- 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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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