AUD/CHF - 1H - Technical analysis published on 08/03/2022 (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 bullish
Underlying:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.6634 CHF
My targets
0.6691 CHF (+0.0039)
0.6715 CHF (+0.0063)
My analysis
The current short-term bullish acceleration on AUD/CHF should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.6634 CHF. Short-term buyers will use the resistance located at 0.6691 CHF as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.6715 CHF. Crossing this resistance would then open the door for buyers to target 0.6805 CHF. Caution, if there is a return to under 0.6634 CHF, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CHF rating is 0.6652 CHF. The price has increased by +0.73% since the last closing and was between 0.6600 CHF and 0.6653 CHF. This implies that the price is at +0.79% from its lowest and at -0.02% from its highest.0.6600
0.6653
0.6652
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this AUD/CHF chart shows a neutral trend. This indecision could turn into a bullish trend due to the strong bullish 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, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel 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 | 0.6541 | 0.6581 | 0.6634 | 0.6652 | 0.6658 | 0.6691 | 0.6715 |
| Change (%) | -1.67% | -1.07% | -0.27% | - | +0.09% | +0.59% | +0.95% |
| Change | -0.0111 | -0.0071 | -0.0018 | - | +0.0006 | +0.0039 | +0.0063 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Major |
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 | 0.6468 | 0.6525 | 0.6564 | 0.6621 | 0.6660 | 0.6717 | 0.6756 |
| Camarilla | 0.6578 | 0.6586 | 0.6595 | 0.6604 | 0.6613 | 0.6622 | 0.6630 |
| Woodie | 0.6460 | 0.6521 | 0.6556 | 0.6617 | 0.6652 | 0.6713 | 0.6748 |
| Fibonacci | 0.6525 | 0.6561 | 0.6584 | 0.6621 | 0.6657 | 0.6680 | 0.6717 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6509 | 0.6567 | 0.6610 | 0.6668 | 0.6711 | 0.6769 | 0.6812 |
| Camarilla | 0.6625 | 0.6635 | 0.6644 | 0.6653 | 0.6662 | 0.6672 | 0.6681 |
| Woodie | 0.6502 | 0.6563 | 0.6603 | 0.6664 | 0.6704 | 0.6765 | 0.6805 |
| Fibonacci | 0.6567 | 0.6606 | 0.6629 | 0.6668 | 0.6707 | 0.6730 | 0.6769 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.6316 | 0.6412 | 0.6533 | 0.6629 | 0.6750 | 0.6846 | 0.6967 |
| Camarilla | 0.6593 | 0.6613 | 0.6633 | 0.6653 | 0.6673 | 0.6693 | 0.6713 |
| Woodie | 0.6328 | 0.6418 | 0.6545 | 0.6635 | 0.6762 | 0.6852 | 0.6979 |
| Fibonacci | 0.6412 | 0.6495 | 0.6546 | 0.6629 | 0.6712 | 0.6763 | 0.6846 |
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): | 62.11 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 10.0382 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.6629 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.6609 | |
| Elder Ray (13): | 0.0017 | |
| Super Trend (3,10): | 0.6609 | |
| Zig ZAG (10): | 0.6648 | |
| VORTEX (21): | 1.1713 | |
| Stochastique (14,3,5): | 92.38 | |
| TEMA (21): | 0.6637 | |
| Williams %R (14): | -2.00 | |
| Chande Momentum Oscillator (20): | 0.0022 | |
| Repulse (5,40,3): | 0.2166 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0070 | |
| Courbe Coppock: | 0.31 |
| MA7: | 0.6664 | |
| MA20: | 0.6661 | |
| MA50: | 0.6736 | |
| MA100: | 0.6839 | |
| MAexp7: | 0.6637 | |
| MAexp20: | 0.6629 | |
| MAexp50: | 0.6636 | |
| MAexp100: | 0.6649 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -1.25% | |
| Price / MA100: | -2.73% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.35% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.05% |
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
-
AUD/CHF Technical Levels
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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