USD/CHF - 1H - Technical analysis published on 09/30/2020 (GMT)
- Who voted?
- 111
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.9215 CHF
My targets
0.9279 CHF (+0.0039)
0.9297 CHF (+0.0057)
My analysis
The current short-term bullish acceleration on USD/CHF should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.9215 CHF. Short-term buyers will use the resistance located at 0.9279 CHF as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.9297 CHF. Crossing this resistance would then open the door for buyers to target 0.9446 CHF. Caution, if there is a return to under 0.9215 CHF, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF rating is 0.9240 CHF. The price registered an increase of +0.49% on the session and was traded between 0.9191 CHF and 0.9243 CHF over the period. The price is currently at +0.53% from its lowest and -0.03% from its highest.0.9191
0.9243
0.9240
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 not clearly defined. This indecision could turn into a bullish trend 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:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 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
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9190 | 0.9215 | 0.9235 | 0.9240 | 0.9279 | 0.9297 | 0.9446 |
| Change (%) | -0.54% | -0.27% | -0.05% | - | +0.42% | +0.62% | +2.23% |
| Change | -0.0050 | -0.0025 | -0.0005 | - | +0.0039 | +0.0057 | +0.0206 |
| Level | Major | Minor | Major | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9116 | 0.9153 | 0.9174 | 0.9211 | 0.9232 | 0.9269 | 0.9290 |
| Camarilla | 0.9179 | 0.9184 | 0.9190 | 0.9195 | 0.9200 | 0.9206 | 0.9211 |
| Woodie | 0.9108 | 0.9149 | 0.9166 | 0.9207 | 0.9224 | 0.9265 | 0.9282 |
| Fibonacci | 0.9153 | 0.9175 | 0.9189 | 0.9211 | 0.9233 | 0.9247 | 0.9269 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.40 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 4.4410 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 0.9219 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9215 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.9198 | |
| Zig ZAG (10): | 0.9239 | |
| VORTEX (21): | 1.1059 | |
| Stochastique (14,3,5): | 82.05 | |
| TEMA (21): | 0.9230 | |
| Williams %R (14): | -5.77 | |
| Chande Momentum Oscillator (20): | 0.0041 | |
| Repulse (5,40,3): | 0.2561 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0040 | |
| Courbe Coppock: | 0.63 |
| MA7: | 0.9239 | |
| MA20: | 0.9160 | |
| MA50: | 0.9134 | |
| MA100: | 0.9329 | |
| MAexp7: | 0.9227 | |
| MAexp20: | 0.9219 | |
| MAexp50: | 0.9227 | |
| MAexp100: | 0.9230 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.87% | |
| Price / MA50: | +1.16% | |
| Price / MA100: | -0.95% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.23% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.11% |
Quotes :
2020-09-30 13:52:00
-
Real time data
-
Forex
News
The latest news and videos published on USD/CHF at the time of the analysis were as follows:
-
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.
About author
Online
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
Comments
0 comments on the analysis USD/CHF - 1H