CAD/CHF - 15 min. - Technical analysis published on 11/06/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.6578 CHF
My targets
0.6555 CHF (-0.0015)
0.6534 CHF (-0.0036)
My analysis
The bearish trend is currently very strong for CAD/CHF. As long as the price remains below the resistance at 0.6578 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.6555 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.6534 CHF as an objective. Crossing it would then enable sellers to target 0.6511 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF price is 0.6570 CHF. On the day, this instrument lost -0.09% with the lowest point at 0.6567 CHF and the highest point at 0.6586 CHF. The deviation from the price is +0.05% for the low point and -0.24% for the high point.0.6567
0.6586
0.6570
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CAD/CHF indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.6524 | 0.6539 | 0.6564 | 0.6570 | 0.6582 | 0.6592 | 0.6601 |
| Change (%) | -0.70% | -0.47% | -0.09% | - | +0.18% | +0.33% | +0.47% |
| Change | -0.0046 | -0.0031 | -0.0006 | - | +0.0012 | +0.0022 | +0.0031 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6511 | 0.6534 | 0.6555 | 0.6578 | 0.6599 | 0.6622 | 0.6643 |
| Camarilla | 0.6564 | 0.6568 | 0.6572 | 0.6576 | 0.6580 | 0.6584 | 0.6588 |
| Woodie | 0.6510 | 0.6534 | 0.6554 | 0.6578 | 0.6598 | 0.6622 | 0.6642 |
| Fibonacci | 0.6534 | 0.6551 | 0.6561 | 0.6578 | 0.6595 | 0.6605 | 0.6622 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6408 | 0.6451 | 0.6514 | 0.6557 | 0.6620 | 0.6663 | 0.6726 |
| Camarilla | 0.6547 | 0.6557 | 0.6566 | 0.6576 | 0.6586 | 0.6595 | 0.6605 |
| Woodie | 0.6417 | 0.6456 | 0.6523 | 0.6562 | 0.6629 | 0.6668 | 0.6735 |
| Fibonacci | 0.6451 | 0.6492 | 0.6517 | 0.6557 | 0.6598 | 0.6623 | 0.6663 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6180 | 0.6333 | 0.6445 | 0.6598 | 0.6710 | 0.6863 | 0.6975 |
| Camarilla | 0.6484 | 0.6508 | 0.6533 | 0.6557 | 0.6581 | 0.6606 | 0.6630 |
| Woodie | 0.6160 | 0.6323 | 0.6425 | 0.6588 | 0.6690 | 0.6853 | 0.6955 |
| Fibonacci | 0.6333 | 0.6434 | 0.6497 | 0.6598 | 0.6699 | 0.6762 | 0.6863 |
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): | 43.42 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -3.8293 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.6571 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6576 | |
| Elder Ray (13): | -0.0003 | |
| Super Trend (3,10): | 0.6581 | |
| Zig ZAG (10): | 0.6570 | |
| VORTEX (21): | 0.8875 | |
| Stochastique (14,3,5): | 39.26 | |
| TEMA (21): | 0.6569 | |
| Williams %R (14): | -70.00 | |
| Chande Momentum Oscillator (20): | -0.0005 | |
| Repulse (5,40,3): | -0.0178 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0038 | |
| Courbe Coppock: | 0.13 |
| MA7: | 0.6553 | |
| MA20: | 0.6558 | |
| MA50: | 0.6605 | |
| MA100: | 0.6605 | |
| MAexp7: | 0.6571 | |
| MAexp20: | 0.6573 | |
| MAexp50: | 0.6575 | |
| MAexp100: | 0.6576 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +0.18% | |
| Price / MA50: | -0.53% | |
| Price / MA100: | -0.53% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.09% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on CAD/CHF at the time of the analysis were 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.
About author
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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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