EUR/CHF
8.15
CHF
(+0.00%)
04/04/2025 - 15:35
Closed Real time data - Forex
| Open: | 7.92 |
| Change: | 0 |
| Volume: | 254,801 |
| Low: | 7.80 |
| High: | 8.50 |
| High / Low range: | 0.70 |
| Type: | Forex |
| Ticker: | EURCHF |
| ISIN: |
EUR/CHF - 1H - Technical analysis published on 04/19/2024 (GMT)
- 256
- 0
- 04/19/2024 - 13:28
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on 04/19/2024 - 13:28
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 0.9723 CHF
My targets
0.9590 CHF (-0.0099)
0.9535 CHF (-0.0154)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.9723 CHF remains possible. It is advisable to trade EUR/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.9723 CHF. The next bearish objective for sellers is set at 0.9590 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9535 CHF. In case of crossing, the next objective would be the support located at 0.9491 CHF. PS: if there is a bullish break in the resistance located at 0.9723 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.1
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This analysis was given by kevinyeungwin. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/CHF price is 0.9689 CHF. The price is lower by -0.22% since the last closing and was traded between 0.9566 CHF and 0.9711 CHF over the period. The price is currently at +1.29% from its lowest and -0.23% from its highest.0.9566
0.9711
0.9689
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EUR/CHF indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 0.9535 | 0.9680 | 0.9689 | 0.9693 | 0.9723 | 0.9747 |
| Change (%) | -2.04% | -1.59% | -0.09% | - | +0.04% | +0.35% | +0.60% |
| Change | -0.0198 | -0.0154 | -0.0009 | - | +0.0004 | +0.0034 | +0.0058 |
| Level | Minor | Intermediate | Major | - | 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 | 0.9664 | 0.9679 | 0.9694 | 0.9709 | 0.9724 | 0.9739 | 0.9754 |
| Camarilla | 0.9702 | 0.9705 | 0.9707 | 0.9710 | 0.9713 | 0.9716 | 0.9718 |
| Woodie | 0.9665 | 0.9679 | 0.9695 | 0.9709 | 0.9725 | 0.9739 | 0.9755 |
| Fibonacci | 0.9679 | 0.9690 | 0.9697 | 0.9709 | 0.9720 | 0.9727 | 0.9739 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9502 | 0.9590 | 0.9660 | 0.9748 | 0.9818 | 0.9906 | 0.9976 |
| Camarilla | 0.9687 | 0.9701 | 0.9716 | 0.9730 | 0.9745 | 0.9759 | 0.9774 |
| Woodie | 0.9493 | 0.9586 | 0.9651 | 0.9744 | 0.9809 | 0.9902 | 0.9967 |
| Fibonacci | 0.9590 | 0.9650 | 0.9688 | 0.9748 | 0.9808 | 0.9846 | 0.9906 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9314 | 0.9434 | 0.9579 | 0.9699 | 0.9844 | 0.9964 | 1.0109 |
| Camarilla | 0.9650 | 0.9674 | 0.9699 | 0.9723 | 0.9747 | 0.9772 | 0.9796 |
| Woodie | 0.9326 | 0.9440 | 0.9591 | 0.9705 | 0.9856 | 0.9970 | 1.0121 |
| Fibonacci | 0.9434 | 0.9536 | 0.9598 | 0.9699 | 0.9801 | 0.9863 | 0.9964 |
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): | 51.30 | |
| MACD (12,26,9): | -0.0006 | |
| Directional Movement: | -8.8712 | |
| AROON (14): | -21.4286 | |
| DEMA (21): | 0.9673 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9578 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.9628 | |
| Zig ZAG (10): | 0.9690 | |
| VORTEX (21): | 0.9339 | |
| Stochastique (14,3,5): | 80.73 | |
| TEMA (21): | 0.9673 | |
| Williams %R (14): | -15.17 | |
| Chande Momentum Oscillator (20): | 0.0053 | |
| Repulse (5,40,3): | 0.1457 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0137 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.9713 | |
| MA20: | 0.9752 | |
| MA50: | 0.9646 | |
| MA100: | 0.9521 | |
| MAexp7: | 0.9681 | |
| MAexp20: | 0.9682 | |
| MAexp50: | 0.9692 | |
| MAexp100: | 0.9704 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | -0.65% | |
| Price / MA50: | +0.45% | |
| Price / MA100: | +1.76% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.15% |
Quotes :
04/19/2024 - 13:28
-
Real time data
-
Forex
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This member declared not having a position on this financial instrument or a related financial instrument.
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