EUR/CHF - 1H - Technical analysis published on 09/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.9534 CHF
My targets
0.9583 CHF (+0.0018)
0.9604 CHF (+0.0039)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on EUR/CHF. This is a positive signal for buyers. As long as the price remains above 0.9534 CHF, a purchase could be considered. The first bullish objective is located at 0.9583 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9604 CHF as an objective. Crossing it would then enable buyers to target 0.9685 CHF. In the event of a return below 0.9534 CHF, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4
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Additional analysis
Quotes
The EUR/CHF rating is 0.9565 CHF. The price registered an increase of +0.28% on the session with the lowest point at 0.9534 CHF and the highest point at 0.9576 CHF. The deviation from the price is +0.33% for the low point and -0.11% for the high point.0.9534
0.9576
0.9565
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/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 EUR/CHF in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.9491 | 0.9521 | 0.9534 | 0.9565 | 0.9570 | 0.9583 | 0.9604 |
| Change (%) | -0.77% | -0.46% | -0.32% | - | +0.05% | +0.19% | +0.41% |
| Change | -0.0074 | -0.0044 | -0.0031 | - | +0.0005 | +0.0018 | +0.0039 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9490 | 0.9505 | 0.9522 | 0.9537 | 0.9554 | 0.9569 | 0.9586 |
| Camarilla | 0.9529 | 0.9532 | 0.9535 | 0.9538 | 0.9541 | 0.9544 | 0.9547 |
| Woodie | 0.9490 | 0.9506 | 0.9522 | 0.9538 | 0.9554 | 0.9570 | 0.9586 |
| Fibonacci | 0.9505 | 0.9518 | 0.9525 | 0.9537 | 0.9550 | 0.9557 | 0.9569 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9457 | 0.9499 | 0.9521 | 0.9563 | 0.9585 | 0.9627 | 0.9649 |
| Camarilla | 0.9526 | 0.9532 | 0.9538 | 0.9544 | 0.9550 | 0.9556 | 0.9562 |
| Woodie | 0.9448 | 0.9494 | 0.9512 | 0.9558 | 0.9576 | 0.9622 | 0.9640 |
| Fibonacci | 0.9499 | 0.9523 | 0.9538 | 0.9563 | 0.9587 | 0.9602 | 0.9627 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9377 | 0.9446 | 0.9512 | 0.9581 | 0.9647 | 0.9716 | 0.9782 |
| Camarilla | 0.9541 | 0.9553 | 0.9566 | 0.9578 | 0.9590 | 0.9603 | 0.9615 |
| Woodie | 0.9376 | 0.9445 | 0.9511 | 0.9580 | 0.9646 | 0.9715 | 0.9781 |
| Fibonacci | 0.9446 | 0.9498 | 0.9529 | 0.9581 | 0.9633 | 0.9664 | 0.9716 |
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): | 61.63 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 16.4591 | |
| AROON (14): | 57.1429 | |
| DEMA (21): | 0.9561 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9551 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 0.9542 | |
| Zig ZAG (10): | 0.9566 | |
| VORTEX (21): | 1.1341 | |
| Stochastique (14,3,5): | 69.84 | |
| TEMA (21): | 0.9567 | |
| Williams %R (14): | -21.43 | |
| Chande Momentum Oscillator (20): | 0.0024 | |
| Repulse (5,40,3): | 0.0655 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0062 | |
| Courbe Coppock: | 0.50 |
| MA7: | 0.9561 | |
| MA20: | 0.9568 | |
| MA50: | 0.9619 | |
| MA100: | 0.9691 | |
| MAexp7: | 0.9562 | |
| MAexp20: | 0.9553 | |
| MAexp50: | 0.9550 | |
| MAexp100: | 0.9552 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | -0.03% | |
| Price / MA50: | -0.56% | |
| Price / MA100: | -1.30% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.14% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on EUR/CHF. At the time of publication of this analysis, the latest news was as follows:
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EUR/CHF Forecast November 8, 2022
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EUR/CHF Forecast September 30, 2022
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Trading the Trend: #EURCHF to continue downwards?
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EUR/CHF Forecast September 9, 2022
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Trade of the Week 22/08 - Short EUR/CHF
This member declared not having a position on this financial instrument or a related financial instrument.
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