CAD/CHF - 15 min. - Technical analysis published on 10/28/2024 (GMT)
- 160
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.6244 CHF
My targets
0.6225 CHF (-0.0016)
0.6212 CHF (-0.0029)
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 0.6244 CHF. The next support located at 0.6225 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 0.6212 CHF. Below this support, sellers could then target 0.6193 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7
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 shadybhai. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/CHF rating is 0.6241 CHF. The price registered an increase of +0.05% on the session with the lowest point at 0.6239 CHF and the highest point at 0.6261 CHF. The deviation from the price is +0.03% for the low point and -0.32% for the high point.0.6239
0.6261
0.6241
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/CHF:
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. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.6176 | 0.6230 | 0.6241 | 0.6245 | 0.6263 | 0.6285 |
| Change (%) | -1.04% | -0.18% | - | +0.06% | +0.35% | +0.71% |
| Change | -0.0065 | -0.0011 | - | +0.0004 | +0.0022 | +0.0044 |
| Level | Major | Intermediate | - | Minor | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6193 | 0.6212 | 0.6225 | 0.6244 | 0.6257 | 0.6276 | 0.6289 |
| Camarilla | 0.6229 | 0.6232 | 0.6235 | 0.6238 | 0.6241 | 0.6244 | 0.6247 |
| Woodie | 0.6190 | 0.6211 | 0.6222 | 0.6243 | 0.6254 | 0.6275 | 0.6286 |
| Fibonacci | 0.6212 | 0.6224 | 0.6232 | 0.6244 | 0.6256 | 0.6264 | 0.6276 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6164 | 0.6197 | 0.6218 | 0.6251 | 0.6272 | 0.6305 | 0.6326 |
| Camarilla | 0.6223 | 0.6228 | 0.6233 | 0.6238 | 0.6243 | 0.6248 | 0.6253 |
| Woodie | 0.6157 | 0.6194 | 0.6211 | 0.6248 | 0.6265 | 0.6302 | 0.6319 |
| Fibonacci | 0.6197 | 0.6218 | 0.6231 | 0.6251 | 0.6272 | 0.6285 | 0.6305 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6051 | 0.6121 | 0.6186 | 0.6256 | 0.6321 | 0.6391 | 0.6456 |
| Camarilla | 0.6213 | 0.6225 | 0.6238 | 0.6250 | 0.6262 | 0.6275 | 0.6287 |
| Woodie | 0.6048 | 0.6120 | 0.6183 | 0.6255 | 0.6318 | 0.6390 | 0.6453 |
| Fibonacci | 0.6121 | 0.6173 | 0.6205 | 0.6256 | 0.6308 | 0.6340 | 0.6391 |
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): | 32.68 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -18.5091 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.6246 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6253 | |
| Elder Ray (13): | -0.0006 | |
| Super Trend (3,10): | 0.6252 | |
| Zig ZAG (10): | 0.6243 | |
| VORTEX (21): | 0.8056 | |
| Stochastique (14,3,5): | 11.15 | |
| TEMA (21): | 0.6242 | |
| Williams %R (14): | -77.78 | |
| Chande Momentum Oscillator (20): | -0.0012 | |
| Repulse (5,40,3): | 0.0067 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0038 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.6255 | |
| MA20: | 0.6266 | |
| MA50: | 0.6263 | |
| MA100: | 0.6356 | |
| MAexp7: | 0.6244 | |
| MAexp20: | 0.6249 | |
| MAexp50: | 0.6250 | |
| MAexp100: | 0.6251 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | -0.35% | |
| Price / MA100: | -1.81% | |
| Price / MAexp7: | -0.05% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.16% |
Quotes :
-
Real time data
-
Forex
News
The last news published on CAD/CHF at the time of the generation of this analysis was as follows:
-
CAD/CHF Forecast August 27, 2024
-
CAD/CHF Forecast July 26, 2024
-
CAD/CHF Forecast May 31, 2024
-
CAD/CHF Finds the Proper Blend of Fuel and Clearance for Reversal
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 CAD/CHF - 15 min.