CAD/CHF - 15 min. - Technical analysis published on 12/01/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.7029 CHF
My targets
0.7006 CHF (-0.0002)
0.6975 CHF (-0.0033)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on CAD/CHF as long as the price remains well below 0.7029 CHF. The next bearish objective for sellers is set at 0.7006 CHF. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 0.6975 CHF. If there is any crossing, the next objective would be the support located at 0.6952 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
6.8
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This analysis was given by pasroc. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF price is 0.7008 CHF. On the day, this instrument lost -0.40% and was between 0.7008 CHF and 0.7046 CHF. This implies that the price is at 0% from its lowest and at -0.54% from its highest.0.7008
0.7046
0.7008
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CAD/CHF in 15 min. shows an overall bearish trend. 75.00% 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 a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6842 | 0.6969 | 0.6994 | 0.7008 | 0.7020 | 0.7054 | 0.7099 |
| Change (%) | -2.37% | -0.56% | -0.20% | - | +0.17% | +0.66% | +1.30% |
| Change | -0.0166 | -0.0039 | -0.0014 | - | +0.0012 | +0.0046 | +0.0091 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6952 | 0.6975 | 0.7006 | 0.7029 | 0.7060 | 0.7083 | 0.7114 |
| Camarilla | 0.7021 | 0.7026 | 0.7031 | 0.7036 | 0.7041 | 0.7046 | 0.7051 |
| Woodie | 0.6955 | 0.6977 | 0.7009 | 0.7031 | 0.7063 | 0.7085 | 0.7117 |
| Fibonacci | 0.6975 | 0.6996 | 0.7009 | 0.7029 | 0.7050 | 0.7063 | 0.7083 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6901 | 0.6966 | 0.7016 | 0.7081 | 0.7131 | 0.7196 | 0.7246 |
| Camarilla | 0.7035 | 0.7046 | 0.7057 | 0.7067 | 0.7078 | 0.7088 | 0.7099 |
| Woodie | 0.6895 | 0.6962 | 0.7010 | 0.7077 | 0.7125 | 0.7192 | 0.7240 |
| Fibonacci | 0.6966 | 0.7010 | 0.7037 | 0.7081 | 0.7125 | 0.7152 | 0.7196 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6407 | 0.6688 | 0.6862 | 0.7143 | 0.7317 | 0.7598 | 0.7772 |
| Camarilla | 0.6911 | 0.6953 | 0.6994 | 0.7036 | 0.7078 | 0.7119 | 0.7161 |
| Woodie | 0.6354 | 0.6661 | 0.6809 | 0.7116 | 0.7264 | 0.7571 | 0.7719 |
| Fibonacci | 0.6688 | 0.6862 | 0.6969 | 0.7143 | 0.7317 | 0.7424 | 0.7598 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 36.81 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -13.7753 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.7025 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7040 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 0.7040 | |
| Zig ZAG (10): | 0.7011 | |
| VORTEX (21): | 0.8778 | |
| Stochastique (14,3,5): | 11.93 | |
| TEMA (21): | 0.7021 | |
| Williams %R (14): | -81.58 | |
| Chande Momentum Oscillator (20): | -0.0020 | |
| Repulse (5,40,3): | -0.0675 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0016 | |
| Courbe Coppock: | 0.26 |
| MA7: | 0.7043 | |
| MA20: | 0.7138 | |
| MA50: | 0.7212 | |
| MA100: | 0.7309 | |
| MAexp7: | 0.7021 | |
| MAexp20: | 0.7028 | |
| MAexp50: | 0.7030 | |
| MAexp100: | 0.7030 | |
| Price / MA7: | -0.50% | |
| Price / MA20: | -1.82% | |
| Price / MA50: | -2.83% | |
| Price / MA100: | -4.12% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -0.27% | |
| Price / MAexp50: | -0.30% | |
| Price / MAexp100: | -0.30% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on CAD/CHF. At the time of publication of this analysis, the latest news was as follows:
CAD/CHF Finds the Proper Blend of Fuel and Clearance for ReversalThis member declared not having a position on this financial instrument or a related financial instrument.
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