AUD/CHF - 1H - Technical analysis published on 09/04/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 0.6654 CHF
My targets
0.6603 CHF (-0.0025)
0.6565 CHF (-0.0063)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.6654 CHF remains possible. It is advisable to trade AUD/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.6654 CHF. The next bearish objective for sellers is set at 0.6603 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6565 CHF. In case of crossing, the next objective would be the support located at 0.6548 CHF. PS: if there is a bullish break in the resistance located at 0.6654 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.9
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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
AUD/CHF rating 0.6628 CHF. The price registered an increase of +0.39% on the session and was between 0.6601 CHF and 0.6641 CHF. This implies that the price is at +0.41% from its lowest and at -0.20% from its highest.0.6601
0.6641
0.6628
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/CHF in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
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 | 0.6548 | 0.6565 | 0.6603 | 0.6628 | 0.6634 | 0.6654 | 0.6690 |
| Change (%) | -1.21% | -0.95% | -0.38% | - | +0.09% | +0.39% | +0.94% |
| Change | -0.0080 | -0.0063 | -0.0025 | - | +0.0006 | +0.0026 | +0.0062 |
| Level | Major | Minor | Minor | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6480 | 0.6539 | 0.6571 | 0.6630 | 0.6662 | 0.6721 | 0.6753 |
| Camarilla | 0.6577 | 0.6585 | 0.6594 | 0.6602 | 0.6610 | 0.6619 | 0.6627 |
| Woodie | 0.6466 | 0.6532 | 0.6557 | 0.6623 | 0.6648 | 0.6714 | 0.6739 |
| Fibonacci | 0.6539 | 0.6574 | 0.6596 | 0.6630 | 0.6665 | 0.6687 | 0.6721 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6400 | 0.6453 | 0.6556 | 0.6609 | 0.6712 | 0.6765 | 0.6868 |
| Camarilla | 0.6617 | 0.6631 | 0.6646 | 0.6660 | 0.6674 | 0.6689 | 0.6703 |
| Woodie | 0.6426 | 0.6466 | 0.6582 | 0.6622 | 0.6738 | 0.6778 | 0.6894 |
| Fibonacci | 0.6453 | 0.6512 | 0.6549 | 0.6609 | 0.6668 | 0.6705 | 0.6765 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6366 | 0.6430 | 0.6549 | 0.6613 | 0.6732 | 0.6796 | 0.6915 |
| Camarilla | 0.6619 | 0.6635 | 0.6652 | 0.6669 | 0.6686 | 0.6703 | 0.6719 |
| Woodie | 0.6395 | 0.6444 | 0.6578 | 0.6627 | 0.6761 | 0.6810 | 0.6944 |
| Fibonacci | 0.6430 | 0.6500 | 0.6543 | 0.6613 | 0.6683 | 0.6726 | 0.6796 |
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): | 46.63 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 3.0595 | |
| AROON (14): | 71.4285 | |
| DEMA (21): | 0.6617 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6610 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 0.6605 | |
| Zig ZAG (10): | 0.6635 | |
| VORTEX (21): | 1.0294 | |
| Stochastique (14,3,5): | 86.51 | |
| TEMA (21): | 0.6626 | |
| Williams %R (14): | -21.43 | |
| Chande Momentum Oscillator (20): | 0.0031 | |
| Repulse (5,40,3): | 0.0687 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0215 | |
| Courbe Coppock: | 0.47 |
| MA7: | 0.6651 | |
| MA20: | 0.6580 | |
| MA50: | 0.6568 | |
| MA100: | 0.6486 | |
| MAexp7: | 0.6628 | |
| MAexp20: | 0.6627 | |
| MAexp50: | 0.6642 | |
| MAexp100: | 0.6646 | |
| Price / MA7: | -0.35% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +0.91% | |
| Price / MA100: | +2.19% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | -0.21% | |
| Price / MAexp100: | -0.27% |
Quotes :
2020-09-04 12:01:01
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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:
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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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