EUR/CHF - 15 min. - Technical analysis published on 10/11/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.9376 CHF
My targets
0.9409 CHF (+0.0025)
0.9451 CHF (+0.0067)
My analysis
The bullish trend is currently very strong on EUR/CHF. As long as the price remains above the support at 0.9376 CHF, you could try to benefit from the boom. The first bullish objective is located at 0.9409 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9451 CHF as an objective. Crossing it would then enable buyers to target 0.9484 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
7.9
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This analysis was given by Jaber300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 0.9384 CHF. The price has increased by +0.19% since the last closing and was between 0.9365 CHF and 0.9388 CHF. This implies that the price is at +0.20% from its lowest and at -0.04% from its highest.0.9365
0.9388
0.9384
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
Technical
A technical analysis in 15 min. of this EUR/CHF chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9333 | 0.9342 | 0.9364 | 0.9384 | 0.9390 | 0.9404 | 0.9419 |
| Change (%) | -0.54% | -0.45% | -0.21% | - | +0.06% | +0.21% | +0.37% |
| Change | -0.0051 | -0.0042 | -0.0020 | - | +0.0006 | +0.0020 | +0.0035 |
| Level | Minor | Minor | Intermediate | - | Minor | Minor | Major |
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 | 0.9259 | 0.9301 | 0.9334 | 0.9376 | 0.9409 | 0.9451 | 0.9484 |
| Camarilla | 0.9345 | 0.9352 | 0.9359 | 0.9366 | 0.9373 | 0.9380 | 0.9387 |
| Woodie | 0.9254 | 0.9299 | 0.9329 | 0.9374 | 0.9404 | 0.9449 | 0.9479 |
| Fibonacci | 0.9301 | 0.9330 | 0.9348 | 0.9376 | 0.9405 | 0.9423 | 0.9451 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9236 | 0.9284 | 0.9354 | 0.9402 | 0.9472 | 0.9520 | 0.9590 |
| Camarilla | 0.9391 | 0.9401 | 0.9412 | 0.9423 | 0.9434 | 0.9445 | 0.9456 |
| Woodie | 0.9246 | 0.9290 | 0.9364 | 0.9408 | 0.9482 | 0.9526 | 0.9600 |
| Fibonacci | 0.9284 | 0.9329 | 0.9357 | 0.9402 | 0.9447 | 0.9475 | 0.9520 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9111 | 0.9209 | 0.9312 | 0.9410 | 0.9513 | 0.9611 | 0.9714 |
| Camarilla | 0.9360 | 0.9378 | 0.9397 | 0.9415 | 0.9433 | 0.9452 | 0.9470 |
| Woodie | 0.9114 | 0.9210 | 0.9315 | 0.9411 | 0.9516 | 0.9612 | 0.9717 |
| Fibonacci | 0.9209 | 0.9286 | 0.9333 | 0.9410 | 0.9487 | 0.9534 | 0.9611 |
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): | 55.05 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 9.7578 | |
| AROON (14): | 71.4286 | |
| DEMA (21): | 0.9382 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9373 | |
| Elder Ray (13): | 0.0002 | |
| Super Trend (3,10): | 0.9367 | |
| Zig ZAG (10): | 0.9383 | |
| VORTEX (21): | 1.0606 | |
| Stochastique (14,3,5): | 74.51 | |
| TEMA (21): | 0.9382 | |
| Williams %R (14): | -29.41 | |
| Chande Momentum Oscillator (20): | 0.0006 | |
| Repulse (5,40,3): | 0.0260 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.9397 | |
| MA20: | 0.9413 | |
| MA50: | 0.9424 | |
| MA100: | 0.9540 | |
| MAexp7: | 0.9382 | |
| MAexp20: | 0.9380 | |
| MAexp50: | 0.9377 | |
| MAexp100: | 0.9378 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -0.31% | |
| Price / MA50: | -0.42% | |
| Price / MA100: | -1.64% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.04% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.06% |
Quotes :
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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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EUR/CHF Forecast October 9, 2024
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EUR/CHF Forecast October 7, 2024
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EUR/CHF Forecast September 23, 2024
-
EUR/CHF Forecast September 18, 2024
-
EUR/CHF Forecast September 11, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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