USD/CHF - 1H - Technical analysis published on 08/03/2020 (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 bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.9118 CHF
My targets
0.9187 CHF (+0.0025)
0.9235 CHF (+0.0073)
My analysis
USD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.9118 CHF. The next resistance located at 0.9187 CHF is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.9235 CHF. After this resistance, buyers could then target 0.9287 CHF.
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
6.1
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This analysis was given by RaviM. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.9162 CHF. On the day, this instrument gained +0.27% with the lowest point at 0.9128 CHF and the highest point at 0.9167 CHF. The deviation from the price is +0.37% for the low point and -0.05% for the high point.0.9128
0.9167
0.9162
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/CHF chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.8543 | 0.9056 | 0.9118 | 0.9162 | 0.9187 | 0.9235 | 0.9287 |
| Change (%) | -6.76% | -1.16% | -0.48% | - | +0.27% | +0.80% | +1.36% |
| Change | -0.0619 | -0.0106 | -0.0044 | - | +0.0025 | +0.0073 | +0.0125 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8986 | 0.9021 | 0.9079 | 0.9114 | 0.9172 | 0.9207 | 0.9265 |
| Camarilla | 0.9111 | 0.9120 | 0.9129 | 0.9137 | 0.9146 | 0.9154 | 0.9163 |
| Woodie | 0.8998 | 0.9027 | 0.9091 | 0.9120 | 0.9184 | 0.9213 | 0.9277 |
| Fibonacci | 0.9021 | 0.9057 | 0.9079 | 0.9114 | 0.9150 | 0.9172 | 0.9207 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8878 | 0.8967 | 0.9052 | 0.9141 | 0.9226 | 0.9315 | 0.9400 |
| Camarilla | 0.9089 | 0.9105 | 0.9121 | 0.9137 | 0.9153 | 0.9169 | 0.9185 |
| Woodie | 0.8876 | 0.8966 | 0.9050 | 0.9140 | 0.9224 | 0.9314 | 0.9398 |
| Fibonacci | 0.8967 | 0.9034 | 0.9075 | 0.9141 | 0.9208 | 0.9249 | 0.9315 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8526 | 0.8791 | 0.8964 | 0.9229 | 0.9402 | 0.9667 | 0.9840 |
| Camarilla | 0.9017 | 0.9057 | 0.9097 | 0.9137 | 0.9177 | 0.9217 | 0.9258 |
| Woodie | 0.8480 | 0.8768 | 0.8918 | 0.9206 | 0.9356 | 0.9644 | 0.9794 |
| Fibonacci | 0.8791 | 0.8958 | 0.9062 | 0.9229 | 0.9396 | 0.9500 | 0.9667 |
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): | 64.95 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 14.8360 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.9150 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9131 | |
| Elder Ray (13): | 0.0013 | |
| Super Trend (3,10): | 0.9110 | |
| Zig ZAG (10): | 0.9156 | |
| VORTEX (21): | 1.2071 | |
| Stochastique (14,3,5): | 74.83 | |
| TEMA (21): | 0.9162 | |
| Williams %R (14): | -24.39 | |
| Chande Momentum Oscillator (20): | 0.0019 | |
| Repulse (5,40,3): | 0.1651 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0191 | |
| Courbe Coppock: | 0.75 |
| MA7: | 0.9155 | |
| MA20: | 0.9304 | |
| MA50: | 0.9437 | |
| MA100: | 0.9571 | |
| MAexp7: | 0.9149 | |
| MAexp20: | 0.9134 | |
| MAexp50: | 0.9126 | |
| MAexp100: | 0.9144 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | -1.53% | |
| Price / MA50: | -2.91% | |
| Price / MA100: | -4.27% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.31% | |
| Price / MAexp50: | +0.39% | |
| Price / MAexp100: | +0.20% |
Quotes :
2020-08-03 05:24:20
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Real time data
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Forex
News
The last news published on USD/CHF at the time of the generation of this analysis was as follows:
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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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