USD/CHF - 1H - Technical analysis published on 09/29/2020 (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
28%
50%
22%
My opinion
Bearish under 0.9235 CHF
My targets
0.9190 CHF (-0.0019)
0.9140 CHF (-0.0069)
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 0.9190 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 0.9140 CHF. Below this support, sellers could then target 0.9075 CHF.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF price is 0.9209 CHF. On the day, this instrument lost -0.33% and was traded between 0.9193 CHF and 0.9248 CHF over the period. The price is currently at +0.17% from its lowest and -0.42% from its highest.0.9193
0.9248
0.9209
A study of price movements over other periods shows the following variations:
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 1H chart of USD/CHF indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This 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.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9075 | 0.9140 | 0.9190 | 0.9209 | 0.9215 | 0.9235 | 0.9279 |
| Change (%) | -1.46% | -0.75% | -0.21% | - | +0.07% | +0.28% | +0.76% |
| Change | -0.0134 | -0.0069 | -0.0019 | - | +0.0006 | +0.0026 | +0.0070 |
| Level | Major | Minor | Minor | - | Minor | Major | 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 | 0.9160 | 0.9198 | 0.9219 | 0.9257 | 0.9278 | 0.9316 | 0.9337 |
| Camarilla | 0.9223 | 0.9228 | 0.9234 | 0.9239 | 0.9244 | 0.9250 | 0.9255 |
| Woodie | 0.9151 | 0.9194 | 0.9210 | 0.9253 | 0.9269 | 0.9312 | 0.9328 |
| Fibonacci | 0.9198 | 0.9221 | 0.9235 | 0.9257 | 0.9280 | 0.9294 | 0.9316 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8943 | 0.9015 | 0.9153 | 0.9225 | 0.9363 | 0.9435 | 0.9573 |
| Camarilla | 0.9233 | 0.9253 | 0.9272 | 0.9291 | 0.9310 | 0.9330 | 0.9349 |
| Woodie | 0.8976 | 0.9032 | 0.9186 | 0.9242 | 0.9396 | 0.9452 | 0.9606 |
| Fibonacci | 0.9015 | 0.9095 | 0.9145 | 0.9225 | 0.9305 | 0.9355 | 0.9435 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 31.97 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -21.4496 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.9215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9231 | |
| Elder Ray (13): | -0.0008 | |
| Super Trend (3,10): | 0.9247 | |
| Zig ZAG (10): | 0.9213 | |
| VORTEX (21): | 0.8728 | |
| Stochastique (14,3,5): | 25.66 | |
| TEMA (21): | 0.9209 | |
| Williams %R (14): | -67.27 | |
| Chande Momentum Oscillator (20): | -0.0027 | |
| Repulse (5,40,3): | -0.1423 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0179 | |
| Courbe Coppock: | 0.55 |
| MA7: | 0.9229 | |
| MA20: | 0.9155 | |
| MA50: | 0.9136 | |
| MA100: | 0.9334 | |
| MAexp7: | 0.9217 | |
| MAexp20: | 0.9231 | |
| MAexp50: | 0.9246 | |
| MAexp100: | 0.9240 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | +0.59% | |
| Price / MA50: | +0.80% | |
| Price / MA100: | -1.34% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.40% | |
| Price / MAexp100: | -0.34% |
Quotes :
2020-09-29 15:34:09
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Real time data
-
Forex
News
The latest news and videos published on USD/CHF at the time of the analysis were as follows:
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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 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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