USD/CHF
USD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDCHF
ISIN:

USD/CHF - Daily - Technical analysis published on 09/28/2020 (GMT)

  • Who voted?
  • 139
  • 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Slightly bearish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.9028 CHF
My targets
0.9451 CHF (+0.0205)
0.9636 CHF (+0.0390)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for USD/CHF as long as the price remains well above 0.9028 CHF. The buyers” bullish objective is set at 0.9451 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9636 CHF. If there is any crossing, the next objective would be the resistance located at 0.9734 CHF. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.9451 CHF. On this resistance, against the trend traders who would like to go short on USD/CHF with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
3.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by pyxis2025. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The USD/CHF rating is 0.9246 CHF. The price registered a decrease of -0.48% on the session with the lowest point at 0.9242 CHF and the highest point at 0.9296 CHF. The deviation from the price is +0.04% for the low point and -0.54% for the high point.

0.9242
0.9296
0.9246

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 USD/CHF in Daily shows an overall slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily



In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.8543 0.9028 0.9235 0.9246 0.9451 0.9636 0.9734
Change (%) -7.60% -2.36% -0.12% - +2.22% +4.22% +5.28%
Change -0.0703 -0.0218 -0.0011 - +0.0205 +0.0390 +0.0488
Level Intermediate Major Major - Minor Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.92150.92320.92620.92790.93090.93260.9356
Camarilla0.92780.92820.92870.92910.92950.93000.9304
Woodie0.92210.92350.92680.92820.93150.93290.9362
Fibonacci0.92320.92500.92610.92790.92970.93080.9326


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.89430.90150.91530.92250.93630.94350.9573
Camarilla0.92330.92530.92720.92910.93100.93300.9349
Woodie0.89760.90320.91860.92420.93960.94520.9606
Fibonacci0.90150.90950.91450.92250.93050.93550.9435


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.87040.88520.89460.90940.91880.93360.9430
Camarilla0.89750.89970.90190.90410.90630.90850.9108
Woodie0.86780.88390.89200.90810.91620.93230.9404
Fibonacci0.88520.89440.90010.90940.91860.92430.9336

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): 60.51
MACD (12,26,9): 0.0029
Directional Movement: 14.0038
AROON (14): 78.5714
DEMA (21): 0.9194
Parabolic SAR (0,02-0,02-0,2): 0.9091
Elder Ray (13): 0.0082
Super Trend (3,10): 0.9096
Zig ZAG (10): 0.9245
VORTEX (21): 1.1785
Stochastique (14,3,5): 90.47
TEMA (21): 0.9247
Williams %R (14): -20.97
Chande Momentum Oscillator (20): 0.0142
Repulse (5,40,3): 0.3019
ROCnROLL: 1
TRIX (15,9): 0.0121
Courbe Coppock: 2.05
MA7: 0.9216
MA20: 0.9149
MA50: 0.9138
MA100: 0.9339
MAexp7: 0.9222
MAexp20: 0.9168
MAexp50: 0.9193
MAexp100: 0.9303
Price / MA7: +0.33%
Price / MA20: +1.06%
Price / MA50: +1.18%
Price / MA100: -1.00%
Price / MAexp7: +0.26%
Price / MAexp20: +0.85%
Price / MAexp50: +0.58%
Price / MAexp100: -0.61%

Quotes : 2020-09-28 18:11:12 - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis USD/CHF - Daily