USD/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDCHF
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USD/CHF - 1H - Technical analysis published on 03/13/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bearish

Technical indicators

22%

39%

My opinion

Neutral between 0.8747 CHF and 0.8795 CHF

My targets

My analysis

The neutral short-term trend shows a weakening of the basic, slightly bearish trend on USD/CHF. It is difficult to advise a trading direction under these conditions. The first support is located at 0.8747 CHF. The first resistance is located at 0.8795 CHF. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

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

Additional analysis

Quotes

USD/CHF rating 0.8777 CHF. The price has increased by +0.03% since the last closing and was between 0.8767 CHF and 0.8789 CHF. This implies that the price is at +0.11% from its lowest and at -0.14% from its highest.

0.8767

0.8789

0.8777

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

Technical analysis of this 1H chart of USD/CHF indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8729	0.8747	0.8769	0.8777	0.8782	0.8795	0.8826
Change (%)	-0.55%	-0.34%	-0.09%	-	+0.06%	+0.21%	+0.56%
Change	-0.0048	-0.0030	-0.0008	-	+0.0005	+0.0018	+0.0049
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate	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
Standard	0.8701	0.8724	0.8749	0.8772	0.8797	0.8820	0.8845
Camarilla	0.8761	0.8765	0.8770	0.8774	0.8778	0.8783	0.8787
Woodie	0.8702	0.8725	0.8750	0.8773	0.8798	0.8821	0.8846
Fibonacci	0.8724	0.8742	0.8754	0.8772	0.8790	0.8802	0.8820

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8574	0.8651	0.8711	0.8788	0.8848	0.8925	0.8985
Camarilla	0.8732	0.8745	0.8757	0.8770	0.8783	0.8795	0.8808
Woodie	0.8565	0.8647	0.8702	0.8784	0.8839	0.8921	0.8976
Fibonacci	0.8651	0.8704	0.8736	0.8788	0.8841	0.8873	0.8925

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8303	0.8428	0.8636	0.8761	0.8969	0.9094	0.9302
Camarilla	0.8752	0.8783	0.8814	0.8844	0.8875	0.8905	0.8936
Woodie	0.8345	0.8449	0.8678	0.8782	0.9011	0.9115	0.9344
Fibonacci	0.8428	0.8555	0.8634	0.8761	0.8888	0.8967	0.9094

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	43.80
MACD (12,26,9):	0.0000
Directional Movement:	-4.7908
AROON (14):	-28.5714
DEMA (21):	0.8778
Parabolic SAR (0,02-0,02-0,2):	0.8792
Elder Ray (13):	-0.0004
Super Trend (3,10):	0.8764
Zig ZAG (10):	0.8776
VORTEX (21):	0.9500
Stochastique (14,3,5):	30.13
TEMA (21):	0.8778
Williams %R (14):	-59.09
Chande Momentum Oscillator (20):	0.0003
Repulse (5,40,3):	0.0355
ROCnROLL:	2
TRIX (15,9):	0.0019
Courbe Coppock:	0.09

MA7:	0.8789
MA20:	0.8805
MA50:	0.8708
MA100:	0.8752
MAexp7:	0.8778
MAexp20:	0.8777
MAexp50:	0.8777
MAexp100:	0.8782
Price / MA7:	-0.14%
Price / MA20:	-0.32%
Price / MA50:	+0.79%
Price / MA100:	+0.29%
Price / MAexp7:	-0.01%
Price / MAexp20:	-0%
Price / MAexp50:	-0%
Price / MAexp100:	-0.06%

Quotes : - Real time data - Forex

News

The latest news and videos published on USD/CHF at the time of the analysis were as follows:

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

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