AUD/CHF - 1H - Technical analysis published on 05/18/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.7003 CHF
My targets
0.6977 CHF (-0.0011)
0.6906 CHF (-0.0082)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/CHF as long as the price remains well below 0.7003 CHF. The sellers' bearish objective is set at 0.6977 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.6906 CHF. In case of crossing, the next objective would be the support located at 0.6687 CHF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
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
The AUD/CHF price is 0.6988 CHF. The price is lower by -0.50% since the last closing and was traded between 0.6982 CHF and 0.7033 CHF over the period. The price is currently at +0.09% from its lowest and -0.64% from its highest.0.6982
0.7033
0.6988
Here is a more detailed summary of the historical variations registered by AUD/CHF:
Technical
Technical analysis of this 1H chart of AUD/CHF indicates that the overall trend is strongly bearish. The signals given by moving averages are 85.71% bearish. This strong bearish 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.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
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 | 0.6687 | 0.6906 | 0.6977 | 0.6988 | 0.7003 | 0.7013 | 0.7035 |
| Change (%) | -4.31% | -1.17% | -0.16% | - | +0.21% | +0.36% | +0.67% |
| Change | -0.0301 | -0.0082 | -0.0011 | - | +0.0015 | +0.0025 | +0.0047 |
| Level | Major | Minor | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6941 | 0.6958 | 0.6990 | 0.7007 | 0.7039 | 0.7056 | 0.7088 |
| Camarilla | 0.7010 | 0.7014 | 0.7019 | 0.7023 | 0.7028 | 0.7032 | 0.7037 |
| Woodie | 0.6950 | 0.6962 | 0.6999 | 0.7011 | 0.7048 | 0.7060 | 0.7097 |
| Fibonacci | 0.6958 | 0.6976 | 0.6988 | 0.7007 | 0.7025 | 0.7037 | 0.7056 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6836 | 0.6907 | 0.6958 | 0.7029 | 0.7080 | 0.7151 | 0.7202 |
| Camarilla | 0.6977 | 0.6988 | 0.6999 | 0.7010 | 0.7021 | 0.7032 | 0.7044 |
| Woodie | 0.6827 | 0.6902 | 0.6949 | 0.7024 | 0.7071 | 0.7146 | 0.7193 |
| Fibonacci | 0.6907 | 0.6953 | 0.6982 | 0.7029 | 0.7075 | 0.7104 | 0.7151 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6803 | 0.6910 | 0.6977 | 0.7084 | 0.7151 | 0.7258 | 0.7325 |
| Camarilla | 0.6995 | 0.7011 | 0.7027 | 0.7043 | 0.7059 | 0.7075 | 0.7091 |
| Woodie | 0.6782 | 0.6900 | 0.6956 | 0.7074 | 0.7130 | 0.7248 | 0.7304 |
| Fibonacci | 0.6910 | 0.6977 | 0.7018 | 0.7084 | 0.7151 | 0.7192 | 0.7258 |
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): | 34.38 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -15.6187 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 0.7002 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.7013 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 0.7019 | |
| Zig ZAG (10): | 0.6988 | |
| VORTEX (21): | 0.9116 | |
| Stochastique (14,3,5): | 13.52 | |
| TEMA (21): | 0.6998 | |
| Williams %R (14): | -86.27 | |
| Chande Momentum Oscillator (20): | -0.0038 | |
| Repulse (5,40,3): | -0.1065 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0018 | |
| Courbe Coppock: | 0.63 |
| MA7: | 0.7027 | |
| MA20: | 0.7060 | |
| MA50: | 0.7108 | |
| MA100: | 0.7021 | |
| MAexp7: | 0.6997 | |
| MAexp20: | 0.7005 | |
| MAexp50: | 0.7007 | |
| MAexp100: | 0.7015 | |
| Price / MA7: | -0.56% | |
| Price / MA20: | -1.02% | |
| Price / MA50: | -1.69% | |
| Price / MA100: | -0.47% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -0.38% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on AUD/CHF. At the time of publication of this analysis, the latest news was 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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