AUD/CHF - 1H - Technical analysis published on 09/24/2020 (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 bearish
De fond:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.6548 CHF
My targets
0.6430 CHF (-0.0070)
0.6366 CHF (-0.0134)
My analysis
AUD/CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.6548 CHF. The next support located at 0.6430 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.6366 CHF. Below this support, sellers could then target 0.6233 CHF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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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 0.6500 CHF. On the day, this instrument lost -0.44% and was traded between 0.6493 CHF and 0.6532 CHF over the period. The price is currently at +0.11% from its lowest and -0.49% from its highest.0.6493
0.6532
0.6500
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/CHF in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5605 | 0.6102 | 0.6233 | 0.6500 | 0.6548 | 0.6569 | 0.6626 |
| Change (%) | -13.77% | -6.12% | -4.11% | - | +0.74% | +1.06% | +1.94% |
| Change | -0.0895 | -0.0398 | -0.0267 | - | +0.0048 | +0.0069 | +0.0126 |
| Level | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6424 | 0.6474 | 0.6502 | 0.6552 | 0.6580 | 0.6630 | 0.6658 |
| Camarilla | 0.6508 | 0.6515 | 0.6522 | 0.6529 | 0.6536 | 0.6543 | 0.6550 |
| Woodie | 0.6412 | 0.6469 | 0.6490 | 0.6547 | 0.6568 | 0.6625 | 0.6646 |
| Fibonacci | 0.6474 | 0.6504 | 0.6523 | 0.6552 | 0.6582 | 0.6601 | 0.6630 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6527 | 0.6560 | 0.6601 | 0.6634 | 0.6675 | 0.6708 | 0.6749 |
| Camarilla | 0.6623 | 0.6629 | 0.6636 | 0.6643 | 0.6650 | 0.6657 | 0.6663 |
| Woodie | 0.6532 | 0.6562 | 0.6606 | 0.6636 | 0.6680 | 0.6710 | 0.6754 |
| Fibonacci | 0.6560 | 0.6588 | 0.6605 | 0.6634 | 0.6662 | 0.6679 | 0.6708 |
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): | 24.14 | |
| MACD (12,26,9): | -0.0018 | |
| Directional Movement: | -20.2191 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 0.6505 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6524 | |
| Elder Ray (13): | -0.0015 | |
| Super Trend (3,10): | 0.6534 | |
| Zig ZAG (10): | 0.6503 | |
| VORTEX (21): | 0.8164 | |
| Stochastique (14,3,5): | 10.15 | |
| TEMA (21): | 0.6499 | |
| Williams %R (14): | -88.71 | |
| Chande Momentum Oscillator (20): | -0.0041 | |
| Repulse (5,40,3): | -0.1801 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0353 | |
| Courbe Coppock: | 1.30 |
| MA7: | 0.6596 | |
| MA20: | 0.6627 | |
| MA50: | 0.6585 | |
| MA100: | 0.6539 | |
| MAexp7: | 0.6508 | |
| MAexp20: | 0.6529 | |
| MAexp50: | 0.6557 | |
| MAexp100: | 0.6583 | |
| Price / MA7: | -1.46% | |
| Price / MA20: | -1.92% | |
| Price / MA50: | -1.29% | |
| Price / MA100: | -0.60% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | -0.44% | |
| Price / MAexp50: | -0.87% | |
| Price / MAexp100: | -1.26% |
Quotes :
2020-09-24 06:38:44
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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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