USD/CHF - Daily - Technical analysis published on 09/11/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.9235 CHF
My targets
0.9037 CHF (-0.0049)
0.8852 CHF (-0.0234)
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 0.9235 CHF. The next support located at 0.9037 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 0.8852 CHF. Below this support, sellers could then target 0.8543 CHF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.9086 CHF. On the day, this instrument lost -0.19% with the lowest point at 0.9084 CHF and the highest point at 0.9106 CHF. The deviation from the price is +0.02% for the low point and -0.22% for the high point.0.9084
0.9106
0.9086
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
Technical analysis of this Daily chart of USD/CHF indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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 does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
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:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.7232 | 0.8543 | 0.9037 | 0.9086 | 0.9235 | 0.9452 | 0.9636 |
| Change (%) | -20.41% | -5.98% | -0.54% | - | +1.64% | +4.03% | +6.05% |
| Change | -0.1854 | -0.0543 | -0.0049 | - | +0.0149 | +0.0366 | +0.0550 |
| Level | Minor | Intermediate | Major | - | Major | Intermediate | Minor |
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 | 0.8986 | 0.9018 | 0.9060 | 0.9092 | 0.9134 | 0.9166 | 0.9208 |
| Camarilla | 0.9083 | 0.9089 | 0.9096 | 0.9103 | 0.9110 | 0.9117 | 0.9123 |
| Woodie | 0.8992 | 0.9021 | 0.9066 | 0.9095 | 0.9140 | 0.9169 | 0.9214 |
| Fibonacci | 0.9018 | 0.9046 | 0.9063 | 0.9092 | 0.9120 | 0.9137 | 0.9166 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8870 | 0.8934 | 0.9035 | 0.9099 | 0.9200 | 0.9264 | 0.9365 |
| Camarilla | 0.9090 | 0.9105 | 0.9120 | 0.9135 | 0.9150 | 0.9165 | 0.9180 |
| Woodie | 0.8888 | 0.8943 | 0.9053 | 0.9108 | 0.9218 | 0.9273 | 0.9383 |
| Fibonacci | 0.8934 | 0.8997 | 0.9036 | 0.9099 | 0.9162 | 0.9201 | 0.9264 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8704 | 0.8852 | 0.8946 | 0.9094 | 0.9188 | 0.9336 | 0.9430 |
| Camarilla | 0.8975 | 0.8997 | 0.9019 | 0.9041 | 0.9063 | 0.9085 | 0.9108 |
| Woodie | 0.8678 | 0.8839 | 0.8920 | 0.9081 | 0.9162 | 0.9323 | 0.9404 |
| Fibonacci | 0.8852 | 0.8944 | 0.9001 | 0.9094 | 0.9186 | 0.9243 | 0.9336 |
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): | 44.30 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -7.2236 | |
| AROON (14): | 35.7143 | |
| DEMA (21): | 0.9087 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9198 | |
| Elder Ray (13): | -0.0017 | |
| Super Trend (3,10): | 0.9230 | |
| Zig ZAG (10): | 0.9085 | |
| VORTEX (21): | 1.0015 | |
| Stochastique (14,3,5): | 51.65 | |
| TEMA (21): | 0.9120 | |
| Williams %R (14): | -57.43 | |
| Chande Momentum Oscillator (20): | 0.0011 | |
| Repulse (5,40,3): | -0.3498 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0418 | |
| Courbe Coppock: | 0.58 |
| MA7: | 0.9128 | |
| MA20: | 0.9099 | |
| MA50: | 0.9191 | |
| MA100: | 0.9398 | |
| MAexp7: | 0.9114 | |
| MAexp20: | 0.9118 | |
| MAexp50: | 0.9200 | |
| MAexp100: | 0.9334 | |
| Price / MA7: | -0.46% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | -1.14% | |
| Price / MA100: | -3.32% | |
| Price / MAexp7: | -0.31% | |
| Price / MAexp20: | -0.35% | |
| Price / MAexp50: | -1.24% | |
| Price / MAexp100: | -2.66% |
Quotes :
2020-09-11 09:01:05
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Real time data
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Forex
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
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USD/CHF Technical Analysis For March 19, 2020 by FX Empire
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USD/CHF Technical Analysis For March 18, 2020 by FX Empire
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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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