USD/CHF - 1H - Technical analysis published on 05/08/2020 (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
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.9736 CHF
My targets
0.9700 CHF (-0.0013)
0.9646 CHF (-0.0067)
My analysis
USD/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 0.9736 CHF. The next support located at 0.9700 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 0.9646 CHF. Below this support, sellers could then target 0.9583 CHF.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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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 USD/CHF rating is 0.9713 CHF. The price has increased by -0.18% since the last closing with the lowest point at 0.9710 CHF and the highest point at 0.9733 CHF. The deviation from the price is +0.03% for the low point and -0.21% for the high point.0.9710
0.9733
0.9713
Here is a more detailed summary of the historical variations registered by USD/CHF:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/CHF chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9583 | 0.9646 | 0.9700 | 0.9713 | 0.9736 | 0.9759 | 0.9784 |
| Change (%) | -1.34% | -0.69% | -0.13% | - | +0.24% | +0.47% | +0.73% |
| Change | -0.0130 | -0.0067 | -0.0013 | - | +0.0023 | +0.0046 | +0.0071 |
| Level | Major | Major | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9650 | 0.9687 | 0.9709 | 0.9746 | 0.9768 | 0.9805 | 0.9827 |
| Camarilla | 0.9714 | 0.9719 | 0.9725 | 0.9730 | 0.9735 | 0.9741 | 0.9746 |
| Woodie | 0.9642 | 0.9683 | 0.9701 | 0.9742 | 0.9760 | 0.9801 | 0.9819 |
| Fibonacci | 0.9687 | 0.9710 | 0.9724 | 0.9746 | 0.9769 | 0.9783 | 0.9805 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9324 | 0.9456 | 0.9535 | 0.9667 | 0.9746 | 0.9878 | 0.9957 |
| Camarilla | 0.9555 | 0.9574 | 0.9594 | 0.9613 | 0.9632 | 0.9652 | 0.9671 |
| Woodie | 0.9297 | 0.9443 | 0.9508 | 0.9654 | 0.9719 | 0.9865 | 0.9930 |
| Fibonacci | 0.9456 | 0.9537 | 0.9587 | 0.9667 | 0.9748 | 0.9798 | 0.9878 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9361 | 0.9477 | 0.9571 | 0.9687 | 0.9781 | 0.9897 | 0.9991 |
| Camarilla | 0.9607 | 0.9627 | 0.9646 | 0.9665 | 0.9684 | 0.9704 | 0.9723 |
| Woodie | 0.9350 | 0.9472 | 0.9560 | 0.9682 | 0.9770 | 0.9892 | 0.9980 |
| Fibonacci | 0.9477 | 0.9557 | 0.9607 | 0.9687 | 0.9767 | 0.9817 | 0.9897 |
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): | 35.65 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -4.4991 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 0.9719 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9731 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 0.9745 | |
| Zig ZAG (10): | 0.9713 | |
| VORTEX (21): | 0.8368 | |
| Stochastique (14,3,5): | 24.21 | |
| TEMA (21): | 0.9712 | |
| Williams %R (14): | -96.30 | |
| Chande Momentum Oscillator (20): | -0.0021 | |
| Repulse (5,40,3): | -0.1399 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0104 | |
| Courbe Coppock: | 0.42 |
| MA7: | 0.9694 | |
| MA20: | 0.9699 | |
| MA50: | 0.9649 | |
| MA100: | 0.9691 | |
| MAexp7: | 0.9720 | |
| MAexp20: | 0.9728 | |
| MAexp50: | 0.9731 | |
| MAexp100: | 0.9721 | |
| Price / MA7: | +0.20% | |
| Price / MA20: | +0.14% | |
| Price / MA50: | +0.66% | |
| Price / MA100: | +0.23% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.18% | |
| Price / MAexp100: | -0.08% |
News
Don"t forget to follow the news on USD/CHF. At the time of publication of this analysis, the latest news was as follows:
-
USD/CHF Technical Analysis For March 20, 2020 By FX Empire
-
USD/CHF Technical Analysis For March 19, 2020 by FX Empire
-
USD/CHF Technical Analysis For March 18, 2020 by FX Empire
-
USD/CHF Technical Analysis for March 17, 2020 by FX Empire
-
USD/CHF Technical Analysis for March 16, 2020 by FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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