EUR/CHF - 1H - Technical analysis published on 01/27/2020 (GMT)
- Who voted?
- 130
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.0702 CHF
My targets
1.0639 CHF (-0.0052)
1.0588 CHF (-0.0103)
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 1.0702 CHF. The sellers” bearish objective is set at 1.0639 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0588 CHF. In case of crossing, the next objective would be the support located at 0.9852 CHF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
7.1
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.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 1.0691 CHF. The price registered a decrease of -0.16% on the session with the lowest point at 1.0688 CHF and the highest point at 1.0717 CHF. The deviation from the price is +0.03% for the low point and -0.24% for the high point.1.0688
1.0717
1.0691
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/CHF in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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 : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.9852 | 1.0639 | 1.0691 | 1.0702 | 1.0733 | 1.0760 |
| Change (%) | -7.85% | -0.49% | - | +0.10% | +0.39% | +0.65% |
| Change | -0.0839 | -0.0052 | - | +0.0011 | +0.0042 | +0.0069 |
| Level | Minor | Major | - | Intermediate | Major | 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 | 1.0675 | 1.0687 | 1.0698 | 1.0710 | 1.0721 | 1.0733 | 1.0744 |
| Camarilla | 1.0702 | 1.0704 | 1.0706 | 1.0708 | 1.0710 | 1.0712 | 1.0714 |
| Woodie | 1.0674 | 1.0687 | 1.0697 | 1.0710 | 1.0720 | 1.0733 | 1.0743 |
| Fibonacci | 1.0687 | 1.0696 | 1.0702 | 1.0710 | 1.0719 | 1.0725 | 1.0733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0588 | 1.0644 | 1.0676 | 1.0732 | 1.0764 | 1.0820 | 1.0852 |
| Camarilla | 1.0684 | 1.0692 | 1.0700 | 1.0708 | 1.0716 | 1.0724 | 1.0732 |
| Woodie | 1.0576 | 1.0638 | 1.0664 | 1.0726 | 1.0752 | 1.0814 | 1.0840 |
| Fibonacci | 1.0644 | 1.0678 | 1.0698 | 1.0732 | 1.0766 | 1.0786 | 1.0820 |
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 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): | 36.37 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -15.0204 | |
| AROON (14): | -14.2857 | |
| DEMA (21): | 1.0701 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0717 | |
| Elder Ray (13): | -0.0011 | |
| Super Trend (3,10): | 1.0721 | |
| Zig ZAG (10): | 1.0691 | |
| VORTEX (21): | 0.9309 | |
| Stochastique (14,3,5): | 33.47 | |
| TEMA (21): | 1.0701 | |
| Williams %R (14): | -89.66 | |
| Chande Momentum Oscillator (20): | -0.0011 | |
| Repulse (5,40,3): | -0.1701 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0038 | |
| Courbe Coppock: | 0.06 |
| MA7: | 1.0725 | |
| MA20: | 1.0783 | |
| MA50: | 1.0878 | |
| MA100: | 1.0918 | |
| MAexp7: | 1.0701 | |
| MAexp20: | 1.0705 | |
| MAexp50: | 1.0713 | |
| MAexp100: | 1.0723 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -0.85% | |
| Price / MA50: | -1.72% | |
| Price / MA100: | -2.08% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0.30% |
News
The latest news and videos published on EUR/CHF at the time of the analysis were 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
Online
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…
Add a comment
Comments
0 comments on the analysis EUR/CHF - 1H