CAD/CHF
CAD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADCHF
ISIN:

CAD/CHF - 1H - Technical analysis published on 12/01/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.7020 CHF
My targets
0.6994 CHF (-0.0014)
0.6969 CHF (-0.0039)
My analysis
CAD/CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.7020 CHF. The next support located at 0.6994 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6969 CHF. Below this support, sellers could then target 0.6842 CHF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

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 pasroc. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

CAD/CHF rating 0.7008 CHF. The price is lower by -0.40% since the last closing with the lowest point at 0.7004 CHF and the highest point at 0.7046 CHF. The deviation from the price is +0.06% for the low point and -0.54% for the high point.

0.7004
0.7046
0.7008

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69520.69750.70060.70290.70600.70830.7114
Camarilla0.70210.70260.70310.70360.70410.70460.7051
Woodie0.69550.69770.70090.70310.70630.70850.7117
Fibonacci0.69750.69960.70090.70290.70500.70630.7083


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.69010.69660.70160.70810.71310.71960.7246
Camarilla0.70350.70460.70570.70670.70780.70880.7099
Woodie0.68950.69620.70100.70770.71250.71920.7240
Fibonacci0.69660.70100.70370.70810.71250.71520.7196


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.64070.66880.68620.71430.73170.75980.7772
Camarilla0.69110.69530.69940.70360.70780.71190.7161
Woodie0.63540.66610.68090.71160.72640.75710.7719
Fibonacci0.66880.68620.69690.71430.73170.74240.7598

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): 40.93
MACD (12,26,9): 0.0000
Directional Movement: -5.8672
AROON (14): -14.2857
DEMA (21): 0.7030
Parabolic SAR (0,02-0,02-0,2): 0.7053
Elder Ray (13): -0.0011
Super Trend (3,10): 0.6997
Zig ZAG (10): 0.7011
VORTEX (21): 1.0061
Stochastique (14,3,5): 33.31
TEMA (21): 0.7029
Williams %R (14): -97.37
Chande Momentum Oscillator (20): -0.0021
Repulse (5,40,3): -0.4415
ROCnROLL: 2
TRIX (15,9): 0.0026
Courbe Coppock: 0.14
MA7: 0.7043
MA20: 0.7138
MA50: 0.7212
MA100: 0.7309
MAexp7: 0.7027
MAexp20: 0.7030
MAexp50: 0.7031
MAexp100: 0.7040
Price / MA7: -0.50%
Price / MA20: -1.82%
Price / MA50: -2.83%
Price / MA100: -4.12%
Price / MAexp7: -0.27%
Price / MAexp20: -0.31%
Price / MAexp50: -0.33%
Price / MAexp100: -0.45%

Quotes : - Real time data - Forex

News


The latest news and videos published on CAD/CHF at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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