USD/CHF - 1H - Technical analysis published on 07/17/2020 (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:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.9432 CHF
My targets
0.9384 CHF (-0.0029)
0.9370 CHF (-0.0043)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on USD/CHF as long as the price remains well below 0.9432 CHF. The next bearish objective for sellers is set at 0.9384 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9370 CHF. In case of crossing, the next objective would be the support located at 0.9284 CHF.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF price is 0.9413 CHF. The price registered a decrease of -0.43% on the session and was between 0.9411 CHF and 0.9459 CHF. This implies that the price is at +0.02% from its lowest and at -0.49% from its highest.0.9411
0.9459
0.9413
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of USD/CHF indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
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
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.9370 | 0.9384 | 0.9408 | 0.9413 | 0.9432 | 0.9440 | 0.9458 |
| Change (%) | -0.46% | -0.31% | -0.05% | - | +0.20% | +0.29% | +0.48% |
| Change | -0.0043 | -0.0029 | -0.0005 | - | +0.0019 | +0.0027 | +0.0045 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 0.9394 | 0.9411 | 0.9433 | 0.9450 | 0.9472 | 0.9489 | 0.9511 |
| Camarilla | 0.9443 | 0.9447 | 0.9450 | 0.9454 | 0.9458 | 0.9461 | 0.9465 |
| Woodie | 0.9396 | 0.9412 | 0.9435 | 0.9451 | 0.9474 | 0.9490 | 0.9513 |
| Fibonacci | 0.9411 | 0.9426 | 0.9435 | 0.9450 | 0.9465 | 0.9474 | 0.9489 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9271 | 0.9317 | 0.9364 | 0.9410 | 0.9457 | 0.9503 | 0.9550 |
| Camarilla | 0.9386 | 0.9395 | 0.9404 | 0.9412 | 0.9421 | 0.9429 | 0.9438 |
| Woodie | 0.9273 | 0.9317 | 0.9366 | 0.9410 | 0.9459 | 0.9503 | 0.9552 |
| Fibonacci | 0.9317 | 0.9352 | 0.9374 | 0.9410 | 0.9445 | 0.9467 | 0.9503 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9073 | 0.9224 | 0.9348 | 0.9499 | 0.9623 | 0.9774 | 0.9898 |
| Camarilla | 0.9395 | 0.9421 | 0.9446 | 0.9471 | 0.9496 | 0.9521 | 0.9547 |
| Woodie | 0.9059 | 0.9217 | 0.9334 | 0.9492 | 0.9609 | 0.9767 | 0.9884 |
| Fibonacci | 0.9224 | 0.9329 | 0.9394 | 0.9499 | 0.9604 | 0.9669 | 0.9774 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 27.78 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -20.7370 | |
| AROON (14): | -92.8571 | |
| DEMA (21): | 0.9440 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9458 | |
| Elder Ray (13): | -0.0021 | |
| Super Trend (3,10): | 0.9450 | |
| Zig ZAG (10): | 0.9411 | |
| VORTEX (21): | 0.8507 | |
| Stochastique (14,3,5): | 5.02 | |
| TEMA (21): | 0.9431 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.0044 | |
| Repulse (5,40,3): | -0.3309 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0011 | |
| Courbe Coppock: | 0.28 |
| MA7: | 0.9419 | |
| MA20: | 0.9444 | |
| MA50: | 0.9546 | |
| MA100: | 0.9598 | |
| MAexp7: | 0.9433 | |
| MAexp20: | 0.9443 | |
| MAexp50: | 0.9439 | |
| MAexp100: | 0.9430 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | -0.33% | |
| Price / MA50: | -1.39% | |
| Price / MA100: | -1.93% | |
| Price / MAexp7: | -0.21% | |
| Price / MAexp20: | -0.32% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.18% |
Quotes :
2020-07-17 10:45:33
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Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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