EUR/CHF - 15 min. - Technical analysis published on 12/07/2023 (GMT)
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- 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:
Bullish
Underlying:
Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.9426 CHF
My targets
0.9460 CHF (+0.0015)
0.9472 CHF (+0.0027)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on EUR/CHF as long as the price remains well above 0.9426 CHF. The buyers' bullish objective is set at 0.9460 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9472 CHF. If there is any crossing, the next objective would be the resistance located at 0.9491 CHF. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
6.6
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This analysis was given by Elly87653. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 0.9445 CHF. The price registered an increase of +0.31% on the session and was between 0.9403 CHF and 0.9447 CHF. This implies that the price is at +0.45% from its lowest and at -0.02% from its highest.0.9403
0.9447
0.9445
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 EUR/CHF:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this EUR/CHF chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 15 minutes
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.9438 | 0.9445 | 0.9491 | 0.9537 | 0.9656 |
| Change (%) | -0.07% | - | +0.49% | +0.97% | +2.23% |
| Change | -0.0007 | - | +0.0046 | +0.0092 | +0.0211 |
| Level | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9370 | 0.9392 | 0.9404 | 0.9426 | 0.9438 | 0.9460 | 0.9472 |
| Camarilla | 0.9407 | 0.9410 | 0.9413 | 0.9416 | 0.9419 | 0.9422 | 0.9425 |
| Woodie | 0.9365 | 0.9390 | 0.9399 | 0.9424 | 0.9433 | 0.9458 | 0.9467 |
| Fibonacci | 0.9392 | 0.9405 | 0.9413 | 0.9426 | 0.9439 | 0.9447 | 0.9460 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9175 | 0.9312 | 0.9385 | 0.9522 | 0.9595 | 0.9732 | 0.9805 |
| Camarilla | 0.9399 | 0.9419 | 0.9438 | 0.9457 | 0.9476 | 0.9496 | 0.9515 |
| Woodie | 0.9142 | 0.9296 | 0.9352 | 0.9506 | 0.9562 | 0.9716 | 0.9772 |
| Fibonacci | 0.9312 | 0.9393 | 0.9442 | 0.9522 | 0.9603 | 0.9652 | 0.9732 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9225 | 0.9349 | 0.9438 | 0.9562 | 0.9651 | 0.9775 | 0.9864 |
| Camarilla | 0.9469 | 0.9489 | 0.9509 | 0.9528 | 0.9548 | 0.9567 | 0.9587 |
| Woodie | 0.9209 | 0.9340 | 0.9422 | 0.9553 | 0.9635 | 0.9766 | 0.9848 |
| Fibonacci | 0.9349 | 0.9430 | 0.9480 | 0.9562 | 0.9643 | 0.9693 | 0.9775 |
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): | 67.64 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 22.3557 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 0.9425 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9409 | |
| Elder Ray (13): | 0.0015 | |
| Super Trend (3,10): | 0.9413 | |
| Zig ZAG (10): | 0.9436 | |
| VORTEX (21): | 1.1006 | |
| Stochastique (14,3,5): | 82.67 | |
| TEMA (21): | 0.9428 | |
| Williams %R (14): | -22.73 | |
| Chande Momentum Oscillator (20): | 0.0018 | |
| Repulse (5,40,3): | 0.0660 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0003 | |
| Courbe Coppock: | 0.14 |
| MA7: | 0.9475 | |
| MA20: | 0.9588 | |
| MA50: | 0.9576 | |
| MA100: | 0.9582 | |
| MAexp7: | 0.9428 | |
| MAexp20: | 0.9422 | |
| MAexp50: | 0.9421 | |
| MAexp100: | 0.9424 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -1.49% | |
| Price / MA50: | -1.37% | |
| Price / MA100: | -1.43% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.21% |
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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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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