EUR/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	EURCHF
ISIN:

EUR/CHF - Daily - Technical analysis published on 11/10/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.9537 CHF

My targets

0.9680 CHF (+0.0044)

0.9786 CHF (+0.0150)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 0.9537 CHF. The buyers' bullish objective is set at 0.9680 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9786 CHF. If there is any crossing, the next objective would be the resistance located at 0.9861 CHF.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.4

Comment on the analysis

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 hannahfreeman. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

EUR/CHF rating 0.9636 CHF. The price registered an increase of +0.01% on the session with the lowest point at 0.9633 CHF and the highest point at 0.9644 CHF. The deviation from the price is +0.03% for the low point and -0.08% for the high point.

0.9633

0.9644

0.9636

Here is a more detailed summary of the historical variations registered by EUR/CHF:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EUR/CHF indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.9491	0.9537	0.9630	0.9636	0.9680	0.9786	0.9861
Change (%)	-1.50%	-1.03%	-0.06%	-	+0.46%	+1.56%	+2.33%
Change	-0.0145	-0.0099	-0.0006	-	+0.0044	+0.0150	+0.0225
Level	Major	Intermediate	Intermediate	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9590	0.9604	0.9620	0.9634	0.9650	0.9664	0.9680
Camarilla	0.9627	0.9630	0.9632	0.9635	0.9638	0.9641	0.9643
Woodie	0.9590	0.9605	0.9620	0.9635	0.9650	0.9665	0.9680
Fibonacci	0.9604	0.9616	0.9623	0.9634	0.9646	0.9653	0.9664

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9421	0.9471	0.9553	0.9603	0.9685	0.9735	0.9817
Camarilla	0.9600	0.9612	0.9624	0.9636	0.9648	0.9660	0.9672
Woodie	0.9438	0.9479	0.9570	0.9611	0.9702	0.9743	0.9834
Fibonacci	0.9471	0.9521	0.9552	0.9603	0.9653	0.9684	0.9735

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.9200	0.9309	0.9467	0.9576	0.9734	0.9843	1.0001
Camarilla	0.9553	0.9577	0.9602	0.9626	0.9651	0.9675	0.9699
Woodie	0.9226	0.9321	0.9493	0.9588	0.9760	0.9855	1.0027
Fibonacci	0.9309	0.9411	0.9474	0.9576	0.9678	0.9741	0.9843

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):	58.88
MACD (12,26,9):	0.0020
Directional Movement:	6.9020
AROON (14):	71.4286
DEMA (21):	0.9608
Parabolic SAR (0,02-0,02-0,2):	0.9552
Elder Ray (13):	0.0037
Super Trend (3,10):	0.9504
Zig ZAG (10):	0.9636
VORTEX (21):	1.0803
Stochastique (14,3,5):	90.62
TEMA (21):	0.9634
Williams %R (14):	-9.60
Chande Momentum Oscillator (20):	0.0159
Repulse (5,40,3):	0.1249
ROCnROLL:	1
TRIX (15,9):	0.0071
Courbe Coppock:	3.05

MA7:	0.9632
MA20:	0.9554
MA50:	0.9581
MA100:	0.9607
MAexp7:	0.9623
MAexp20:	0.9589
MAexp50:	0.9586
MAexp100:	0.9619
Price / MA7:	+0.04%
Price / MA20:	+0.86%
Price / MA50:	+0.57%
Price / MA100:	+0.30%
Price / MAexp7:	+0.14%
Price / MAexp20:	+0.49%
Price / MAexp50:	+0.52%
Price / MAexp100:	+0.18%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/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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