EUR/CHF - 1H - Technical analysis published on 01/25/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Neutral between 0.9406 CHF and 0.9440 CHF
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.9440 CHF. The first support is located at 0.9406 CHF. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by EUR/CHF.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 EUR/CHF price is 0.9421 CHF. The price has increased by +0.32% since the last closing and was between 0.9391 CHF and 0.9423 CHF. This implies that the price is at +0.32% from its lowest and at -0.02% from its highest.0.9391
0.9423
0.9421
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:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9359 | 0.9389 | 0.9406 | 0.9421 | 0.9423 | 0.9440 | 0.9472 |
| Change (%) | -0.66% | -0.34% | -0.16% | - | +0.02% | +0.20% | +0.54% |
| Change | -0.0062 | -0.0032 | -0.0015 | - | +0.0002 | +0.0019 | +0.0051 |
| Level | Major | Major | Minor | - | Minor | Intermediate | Intermediate |
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 | 0.9312 | 0.9350 | 0.9371 | 0.9409 | 0.9430 | 0.9468 | 0.9489 |
| Camarilla | 0.9375 | 0.9380 | 0.9386 | 0.9391 | 0.9396 | 0.9402 | 0.9407 |
| Woodie | 0.9303 | 0.9346 | 0.9362 | 0.9405 | 0.9421 | 0.9464 | 0.9480 |
| Fibonacci | 0.9350 | 0.9373 | 0.9387 | 0.9409 | 0.9432 | 0.9446 | 0.9468 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9217 | 0.9270 | 0.9365 | 0.9418 | 0.9513 | 0.9566 | 0.9661 |
| Camarilla | 0.9419 | 0.9433 | 0.9446 | 0.9460 | 0.9474 | 0.9487 | 0.9501 |
| Woodie | 0.9238 | 0.9281 | 0.9386 | 0.9429 | 0.9534 | 0.9577 | 0.9682 |
| Fibonacci | 0.9270 | 0.9327 | 0.9362 | 0.9418 | 0.9475 | 0.9510 | 0.9566 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8890 | 0.9072 | 0.9181 | 0.9363 | 0.9472 | 0.9654 | 0.9763 |
| Camarilla | 0.9210 | 0.9237 | 0.9263 | 0.9290 | 0.9317 | 0.9343 | 0.9370 |
| Woodie | 0.8854 | 0.9054 | 0.9145 | 0.9345 | 0.9436 | 0.9636 | 0.9727 |
| Fibonacci | 0.9072 | 0.9183 | 0.9252 | 0.9363 | 0.9474 | 0.9543 | 0.9654 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.38 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 0.7758 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 0.9406 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9396 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 0.9391 | |
| Zig ZAG (10): | 0.9422 | |
| VORTEX (21): | 1.0686 | |
| Stochastique (14,3,5): | 96.79 | |
| TEMA (21): | 0.9412 | |
| Williams %R (14): | -5.88 | |
| Chande Momentum Oscillator (20): | 0.0022 | |
| Repulse (5,40,3): | 0.1677 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0090 | |
| Courbe Coppock: | 0.31 |
| MA7: | 0.9432 | |
| MA20: | 0.9360 | |
| MA50: | 0.9458 | |
| MA100: | 0.9521 | |
| MAexp7: | 0.9413 | |
| MAexp20: | 0.9410 | |
| MAexp50: | 0.9419 | |
| MAexp100: | 0.9425 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | +0.65% | |
| Price / MA50: | -0.39% | |
| Price / MA100: | -1.05% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.04% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/CHF at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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