USD/CHF - 15 min. - Technical analysis published on 02/14/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.8837 CHF
My targets
0.8919 CHF (+0.0047)
0.8963 CHF (+0.0091)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/CHF as long as the price remains well above 0.8837 CHF. The buyers' bullish objective is set at 0.8919 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.8963 CHF. If there is any crossing, the next objective would be the resistance located at 0.9045 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.1
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This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.8872 CHF. The price is lower by -0.03% since the last closing with the lowest point at 0.8857 CHF and the highest point at 0.8886 CHF. The deviation from the price is +0.17% for the low point and -0.16% for the high point.0.8857
0.8886
0.8872
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
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this USD/CHF chart shows a strongly bullish trend. 82.14% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8697 | 0.8725 | 0.8782 | 0.8872 | 0.8881 | 0.8913 | 0.8990 |
| Change (%) | -1.97% | -1.66% | -1.01% | - | +0.10% | +0.46% | +1.33% |
| Change | -0.0175 | -0.0147 | -0.0090 | - | +0.0009 | +0.0041 | +0.0118 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | 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 | 0.8667 | 0.8711 | 0.8793 | 0.8837 | 0.8919 | 0.8963 | 0.9045 |
| Camarilla | 0.8840 | 0.8852 | 0.8864 | 0.8875 | 0.8887 | 0.8898 | 0.8910 |
| Woodie | 0.8686 | 0.8721 | 0.8812 | 0.8847 | 0.8938 | 0.8973 | 0.9064 |
| Fibonacci | 0.8711 | 0.8759 | 0.8789 | 0.8837 | 0.8885 | 0.8915 | 0.8963 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8588 | 0.8625 | 0.8687 | 0.8724 | 0.8786 | 0.8823 | 0.8885 |
| Camarilla | 0.8721 | 0.8730 | 0.8739 | 0.8748 | 0.8757 | 0.8766 | 0.8775 |
| Woodie | 0.8600 | 0.8631 | 0.8699 | 0.8730 | 0.8798 | 0.8829 | 0.8897 |
| Fibonacci | 0.8625 | 0.8663 | 0.8687 | 0.8724 | 0.8762 | 0.8786 | 0.8823 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8097 | 0.8245 | 0.8434 | 0.8582 | 0.8771 | 0.8919 | 0.9108 |
| Camarilla | 0.8531 | 0.8562 | 0.8593 | 0.8624 | 0.8655 | 0.8686 | 0.8717 |
| Woodie | 0.8119 | 0.8255 | 0.8456 | 0.8592 | 0.8793 | 0.8929 | 0.9130 |
| Fibonacci | 0.8245 | 0.8373 | 0.8453 | 0.8582 | 0.8710 | 0.8790 | 0.8919 |
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): | 68.02 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 14.4732 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.8875 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8870 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 0.8867 | |
| Zig ZAG (10): | 0.8878 | |
| VORTEX (21): | 1.1346 | |
| Stochastique (14,3,5): | 83.74 | |
| TEMA (21): | 0.8879 | |
| Williams %R (14): | -27.59 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | -0.0362 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0025 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.8775 | |
| MA20: | 0.8697 | |
| MA50: | 0.8636 | |
| MA100: | 0.8806 | |
| MAexp7: | 0.8877 | |
| MAexp20: | 0.8872 | |
| MAexp50: | 0.8866 | |
| MAexp100: | 0.8850 | |
| Price / MA7: | +1.11% | |
| Price / MA20: | +2.01% | |
| Price / MA50: | +2.73% | |
| Price / MA100: | +0.75% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | +0.25% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on USD/CHF. At the time of publication of this analysis, the latest news was as follows:
-
USD/CHF Forecast January 29, 2024
-
Technical Analysis: 11/01/2024 – USDCHF steady within bearish channel
-
USD/CHF Forecast January 3, 2023
-
USD/CHF Forecast December 21, 2023
-
USD/CHF Forecast December 13, 2023
This member declared not having a position on this financial instrument or a related financial instrument.
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