EUR/CHF - 15 min. - Technical analysis published on 04/11/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 0.9823 CHF
My targets
0.9794 CHF (-0.0013)
0.9778 CHF (-0.0029)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.9823 CHF remains possible. It is advisable to trade EUR/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.9823 CHF. The next bearish objective for sellers is set at 0.9794 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9778 CHF. In case of crossing, the next objective would be the support located at 0.9765 CHF. PS: if there is a bullish break in the resistance located at 0.9823 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.5
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Additional analysis
Quotes
The EUR/CHF price is 0.9807 CHF. On the day, this instrument lost -0.02% and was between 0.9802 CHF and 0.9812 CHF. This implies that the price is at +0.05% from its lowest and at -0.05% from its highest.0.9802
0.9812
0.9807
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of EUR/CHF indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
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 | 0.9746 | 0.9761 | 0.9793 | 0.9807 | 0.9821 | 0.9836 | 0.9849 |
| Change (%) | -0.62% | -0.47% | -0.14% | - | +0.14% | +0.30% | +0.43% |
| Change | -0.0061 | -0.0046 | -0.0014 | - | +0.0014 | +0.0029 | +0.0042 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9765 | 0.9778 | 0.9794 | 0.9807 | 0.9823 | 0.9836 | 0.9852 |
| Camarilla | 0.9801 | 0.9804 | 0.9806 | 0.9809 | 0.9812 | 0.9814 | 0.9817 |
| Woodie | 0.9766 | 0.9779 | 0.9795 | 0.9808 | 0.9824 | 0.9837 | 0.9853 |
| Fibonacci | 0.9778 | 0.9789 | 0.9796 | 0.9807 | 0.9818 | 0.9825 | 0.9836 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9566 | 0.9637 | 0.9706 | 0.9777 | 0.9846 | 0.9917 | 0.9986 |
| Camarilla | 0.9736 | 0.9748 | 0.9761 | 0.9774 | 0.9787 | 0.9800 | 0.9813 |
| Woodie | 0.9564 | 0.9637 | 0.9704 | 0.9777 | 0.9844 | 0.9917 | 0.9984 |
| Fibonacci | 0.9637 | 0.9691 | 0.9724 | 0.9777 | 0.9831 | 0.9864 | 0.9917 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9314 | 0.9434 | 0.9579 | 0.9699 | 0.9844 | 0.9964 | 1.0109 |
| Camarilla | 0.9650 | 0.9674 | 0.9699 | 0.9723 | 0.9747 | 0.9772 | 0.9796 |
| Woodie | 0.9326 | 0.9440 | 0.9591 | 0.9705 | 0.9856 | 0.9970 | 1.0121 |
| Fibonacci | 0.9434 | 0.9536 | 0.9598 | 0.9699 | 0.9801 | 0.9863 | 0.9964 |
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): | 39.41 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -3.8704 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.9806 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9812 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 0.9813 | |
| Zig ZAG (10): | 0.9804 | |
| VORTEX (21): | 0.9123 | |
| Stochastique (14,3,5): | 9.52 | |
| TEMA (21): | 0.9805 | |
| Williams %R (14): | -87.50 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -0.0164 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0004 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.9797 | |
| MA20: | 0.9745 | |
| MA50: | 0.9609 | |
| MA100: | 0.9517 | |
| MAexp7: | 0.9806 | |
| MAexp20: | 0.9807 | |
| MAexp50: | 0.9808 | |
| MAexp100: | 0.9809 | |
| Price / MA7: | +0.10% | |
| Price / MA20: | +0.64% | |
| Price / MA50: | +2.06% | |
| Price / MA100: | +3.05% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.02% |
Quotes :
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Real time data
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Forex
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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