AUD/CHF - 1H - Technical analysis published on 08/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.6559 CHF
My targets
0.6603 CHF (+0.0025)
0.6699 CHF (+0.0121)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/CHF as long as the price remains well above 0.6559 CHF. The buyers” bullish objective is set at 0.6603 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.6699 CHF. If there is any crossing, the next objective would be the resistance located at 0.6722 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CHF price is 0.6578 CHF. On the day, this instrument gained +0.64% and was traded between 0.6516 CHF and 0.6581 CHF over the period. The price is currently at +0.95% from its lowest and -0.05% from its highest.0.6516
0.6581
0.6578
Here is a more detailed summary of the historical variations registered by AUD/CHF:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/CHF in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% 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 is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.6544 | 0.6559 | 0.6573 | 0.6578 | 0.6603 | 0.6722 | 0.6820 |
| Change (%) | -0.52% | -0.29% | -0.08% | - | +0.38% | +2.19% | +3.68% |
| Change | -0.0034 | -0.0019 | -0.0005 | - | +0.0025 | +0.0144 | +0.0242 |
| Level | Minor | Intermediate | Minor | - | Minor | 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 | 0.6472 | 0.6499 | 0.6518 | 0.6545 | 0.6564 | 0.6591 | 0.6610 |
| Camarilla | 0.6523 | 0.6528 | 0.6532 | 0.6536 | 0.6540 | 0.6544 | 0.6549 |
| Woodie | 0.6467 | 0.6497 | 0.6513 | 0.6543 | 0.6559 | 0.6589 | 0.6605 |
| Fibonacci | 0.6499 | 0.6517 | 0.6528 | 0.6545 | 0.6563 | 0.6574 | 0.6591 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6699 | 0.6767 | 0.6866 | 0.6934 | 0.7033 | 0.7101 | 0.7200 |
| Camarilla | 0.6919 | 0.6934 | 0.6950 | 0.6965 | 0.6980 | 0.6996 | 0.7011 |
| Woodie | 0.6715 | 0.6775 | 0.6882 | 0.6942 | 0.7049 | 0.7109 | 0.7216 |
| Fibonacci | 0.6767 | 0.6831 | 0.6870 | 0.6934 | 0.6998 | 0.7037 | 0.7101 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6263 | 0.6380 | 0.6453 | 0.6570 | 0.6643 | 0.6760 | 0.6833 |
| Camarilla | 0.6474 | 0.6491 | 0.6509 | 0.6526 | 0.6543 | 0.6561 | 0.6578 |
| Woodie | 0.6241 | 0.6369 | 0.6431 | 0.6559 | 0.6621 | 0.6749 | 0.6811 |
| Fibonacci | 0.6380 | 0.6453 | 0.6497 | 0.6570 | 0.6643 | 0.6687 | 0.6760 |
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): | 59.86 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 18.7634 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 0.6548 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6522 | |
| Elder Ray (13): | 0.0025 | |
| Super Trend (3,10): | 0.6523 | |
| Zig ZAG (10): | 0.6571 | |
| VORTEX (21): | 1.1254 | |
| Stochastique (14,3,5): | 90.46 | |
| TEMA (21): | 0.6553 | |
| Williams %R (14): | -18.46 | |
| Chande Momentum Oscillator (20): | 0.0030 | |
| Repulse (5,40,3): | 0.3072 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0042 | |
| Courbe Coppock: | 0.42 |
| MA7: | 0.6556 | |
| MA20: | 0.6573 | |
| MA50: | 0.6567 | |
| MA100: | 0.6367 | |
| MAexp7: | 0.6556 | |
| MAexp20: | 0.6545 | |
| MAexp50: | 0.6544 | |
| MAexp100: | 0.6544 | |
| Price / MA7: | +0.34% | |
| Price / MA20: | +0.08% | |
| Price / MA50: | +0.17% | |
| Price / MA100: | +3.31% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +0.50% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | +0.52% |
Quotes :
2020-08-06 15:55:24
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Real time data
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Forex
News
The latest news and videos published on AUD/CHF at the time of the analysis were as follows:
-
Forex Strategy Video: Why AUD/CHF May Have More Attractive Qualities than GBP/USD
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AUD/CHF Technical Levels
This member declared not having a position on this financial instrument or a related financial instrument.
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