EUR/CNH

- CNH (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	EURCNH
ISIN:

EUR/CNH - 1H - Technical analysis published on 01/14/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

39%

11%

50%

My opinion

Neutral between 7.51900 CNH and 7.56377 CNH

My targets

My analysis

The short-term increase on EUR/CNH remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 7.56377 CNH. The first support is located at 7.51900 CNH. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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

Additional analysis

Quotes

The EUR/CNH price is 7.53080 CNH. The price registered a decrease of -0.03% on the session with the lowest point at 7.51990 CNH and the highest point at 7.54842 CNH. The deviation from the price is +0.14% for the low point and -0.23% for the high point.

7.51990

7.54842

7.53080

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of EUR/CNH indicates that the overall trend is slightly bearish. 57.14% 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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	7.20429	7.49407	7.51900	7.53080	7.56377	7.59048	7.61841
Change (%)	-4.34%	-0.49%	-0.16%	-	+0.44%	+0.79%	+1.16%
Change	-0.32651	-0.03673	-0.01180	-	+0.03297	+0.05968	+0.08761
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

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	7.44508	7.46718	7.50001	7.52211	7.55494	7.57704	7.60987
Camarilla	7.51774	7.52278	7.52782	7.53285	7.53789	7.54292	7.54796
Woodie	7.45046	7.46986	7.50539	7.52479	7.56032	7.57972	7.61525
Fibonacci	7.46718	7.48816	7.50112	7.52211	7.54309	7.55605	7.57704

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.35861	7.43838	7.49108	7.57085	7.62355	7.70332	7.75602
Camarilla	7.50735	7.51949	7.53164	7.54378	7.55592	7.56807	7.58021
Woodie	7.34508	7.43161	7.47755	7.56408	7.61002	7.69655	7.74249
Fibonacci	7.43838	7.48898	7.52025	7.57085	7.62145	7.65272	7.70332

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	7.37666	7.46748	7.53181	7.62263	7.68696	7.77778	7.84211
Camarilla	7.55348	7.56771	7.58193	7.59615	7.61037	7.62459	7.63882
Woodie	7.36343	7.46086	7.51858	7.61601	7.67373	7.77116	7.82888
Fibonacci	7.46748	7.52674	7.56336	7.62263	7.68189	7.71851	7.77778

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):	55.42
MACD (12,26,9):	0.0036
Directional Movement:	6.26100
AROON (14):	42.85714
DEMA (21):	7.53293
Parabolic SAR (0,02-0,02-0,2):	7.54842
Elder Ray (13):	-0.00103
Super Trend (3,10):	7.51075
Zig ZAG (10):	7.53340
VORTEX (21):	1.1440
Stochastique (14,3,5):	58.19
TEMA (21):	7.54041
Williams %R (14):	-50.28
Chande Momentum Oscillator (20):	0.00602
Repulse (5,40,3):	0.0300
ROCnROLL:	-1
TRIX (15,9):	0.0046
Courbe Coppock:	0.43

MA7:	7.57059
MA20:	7.59138
MA50:	7.63361
MA100:	7.72038
MAexp7:	7.53484
MAexp20:	7.52943
MAexp50:	7.53312
MAexp100:	7.54810
Price / MA7:	-0.53%
Price / MA20:	-0.80%
Price / MA50:	-1.35%
Price / MA100:	-2.46%
Price / MAexp7:	-0.05%
Price / MAexp20:	+0.02%
Price / MAexp50:	-0.03%
Price / MAexp100:	-0.23%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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