Londinia Opportunities Analyses - 01/02/2025 (GMT) CHF/CZK - 1H

- CZK (-)
- Real time data - Forex
Type: Forex
Ticker: CHFCZK
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 26.827 CZK
My targets
26.930 CZK (+0.074)
27.007 CZK (+0.151)
My analysis
CHF/CZK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 26.827 CZK. The next resistance located at 26.930 CZK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 27.007 CZK. After this resistance, buyers could then target 27.037 CZK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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.

Additional analysis

Quotes

CHF/CZK rating 26.856 CZK. On the day, this instrument gained +0.18% with the lowest point at 26.800 CZK and the highest point at 26.864 CZK. The deviation from the price is +0.21% for the low point and -0.03% for the high point.

26.800
26.864
26.856

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

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 CHF/CZK in 1H shows a strongly overall 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.

The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 26.763 26.799 26.827 26.856 26.872 26.930 27.007
Change (%) -0.35% -0.21% -0.11% - +0.06% +0.28% +0.56%
Change -0.093 -0.057 -0.029 - +0.016 +0.074 +0.151
Level Minor Intermediate Major - Intermediate Major 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
Standard26.67426.73726.77226.83526.87026.93326.968
Camarilla26.78126.79026.79926.80826.81726.82626.835
Woodie26.66126.73026.75926.82826.85726.92626.955
Fibonacci26.73726.77426.79726.83526.87226.89526.933


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.42426.59426.69826.86826.97227.14227.246
Camarilla26.72826.75326.77826.80326.82826.85326.878
Woodie26.39226.57826.66626.85226.94027.12627.214
Fibonacci26.59426.69826.76326.86826.97227.03727.142


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.94426.26726.54726.87027.15027.47327.753
Camarilla26.66026.71626.77126.82626.88126.93726.992
Woodie25.92226.25626.52526.85927.12827.46227.731
Fibonacci26.26726.49826.64026.87027.10127.24327.473

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): 59.11
MACD (12,26,9): 0.0080
Directional Movement: 10.159
AROON (14): -35.714
DEMA (21): 26.850
Parabolic SAR (0,02-0,02-0,2): 26.862
Elder Ray (13): 0.008
Super Trend (3,10): 26.891
Zig ZAG (10): 26.854
VORTEX (21): 1.0150
Stochastique (14,3,5): 53.06
TEMA (21): 26.847
Williams %R (14): -46.94
Chande Momentum Oscillator (20): -0.022
Repulse (5,40,3): 0.0420
ROCnROLL: 1
TRIX (15,9): 0.0040
Courbe Coppock: 0.08
MA7: 26.828
MA20: 26.879
MA50: 26.976
MA100: 26.852
MAexp7: 26.845
MAexp20: 26.837
MAexp50: 26.823
MAexp100: 26.823
Price / MA7: +0.10%
Price / MA20: -0.09%
Price / MA50: -0.44%
Price / MA100: +0.01%
Price / MAexp7: +0.04%
Price / MAexp20: +0.07%
Price / MAexp50: +0.12%
Price / MAexp100: +0.12%

Quotes : - Real time data - Forex