Londinia Opportunities Analyses - 03/24/2025 (GMT) CAD/CHF - 1H

- CHF (-)
- Real time data - Forex
Type: Forex
Ticker: CADCHF
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.6152 CHF
My targets
0.6176 CHF (+0.0013)
0.6242 CHF (+0.0079)
My analysis
The basic bullish trend is very strong on CAD/CHF but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.6152 CHF. Crossing the first resistance at 0.6176 CHF would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.6242 CHF as an objective. Crossing it would then enable buyers to target 0.6324 CHF. Caution, a return to below 0.6152 CHF would be a sign of a consolidation phase in the short-term basic trend. 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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Additional analysis

Quotes

CAD/CHF rating 0.6163 CHF. On the day, this instrument gained +0.05% and was between 0.6159 CHF and 0.6165 CHF. This implies that the price is at +0.06% from its lowest and at -0.03% from its highest.

0.6159
0.6165
0.6163

Here is a more detailed summary of the historical variations registered by CAD/CHF:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CAD/CHF chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Patterns

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.6119 0.6132 0.6152 0.6163 0.6176 0.6324 0.6393
Change (%) -0.71% -0.50% -0.18% - +0.21% +2.61% +3.73%
Change -0.0044 -0.0031 -0.0011 - +0.0013 +0.0161 +0.0230
Level Intermediate Minor Minor - Major Minor Intermediate



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
Standard0.61290.61370.61480.61560.61670.61750.6186
Camarilla0.61550.61570.61580.61600.61620.61640.6165
Woodie0.61320.61380.61510.61570.61700.61760.6189
Fibonacci0.61370.61440.61480.61560.61630.61670.6175


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.60440.60760.61100.61420.61760.62080.6242
Camarilla0.61260.61320.61380.61440.61500.61560.6162
Woodie0.60450.60770.61110.61430.61770.62090.6243
Fibonacci0.60760.61010.61170.61420.61670.61830.6208


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.59570.60750.61610.62790.63650.64830.6569
Camarilla0.61900.62090.62270.62460.62650.62830.6302
Woodie0.59400.60670.61440.62710.63480.64750.6552
Fibonacci0.60750.61530.62010.62790.63570.64050.6483

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): 56.79
MACD (12,26,9): 0.0002
Directional Movement: 13.6709
AROON (14): 85.7143
DEMA (21): 0.6157
Parabolic SAR (0,02-0,02-0,2): 0.6138
Elder Ray (13): 0.0006
Super Trend (3,10): 0.6165
Zig ZAG (10): 0.6162
VORTEX (21): 0.9792
Stochastique (14,3,5): 89.44
TEMA (21): 0.6156
Williams %R (14): -9.09
Chande Momentum Oscillator (20): 0.0018
Repulse (5,40,3): 0.0684
ROCnROLL: 1
TRIX (15,9): 0.0025
Courbe Coppock: 0.07
MA7: 0.6148
MA20: 0.6163
MA50: 0.6259
MA100: 0.6275
MAexp7: 0.6157
MAexp20: 0.6155
MAexp50: 0.6151
MAexp100: 0.6146
Price / MA7: +0.24%
Price / MA20: -0%
Price / MA50: -1.53%
Price / MA100: -1.78%
Price / MAexp7: +0.10%
Price / MAexp20: +0.13%
Price / MAexp50: +0.20%
Price / MAexp100: +0.28%

Quotes : - Real time data - Forex