USD/CHF - 1H - Technical analysis published on 02/23/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
33%
39%
My opinion
Bearish under 0.8980 CHF
My targets
0.8934 CHF (-0.0021)
0.8907 CHF (-0.0048)
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 0.8980 CHF. The next support located at 0.8934 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 0.8907 CHF. Below this support, sellers could then target 0.8871 CHF.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.8955 CHF. The price registered a decrease of -0.03% on the session and was traded between 0.8948 CHF and 0.8962 CHF over the period. The price is currently at +0.08% from its lowest and -0.08% from its highest.0.8948
0.8962
0.8955
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/CHF in 1H shows an overall bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.8871 | 0.8907 | 0.8934 | 0.8955 | 0.8957 | 0.8980 | 0.8996 |
| Change (%) | -0.94% | -0.54% | -0.23% | - | +0.02% | +0.28% | +0.46% |
| Change | -0.0084 | -0.0048 | -0.0021 | - | +0.0002 | +0.0025 | +0.0041 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Intermediate |
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 | 0.8853 | 0.8901 | 0.8929 | 0.8977 | 0.9005 | 0.9053 | 0.9081 |
| Camarilla | 0.8937 | 0.8944 | 0.8951 | 0.8958 | 0.8965 | 0.8972 | 0.8979 |
| Woodie | 0.8844 | 0.8896 | 0.8920 | 0.8972 | 0.8996 | 0.9048 | 0.9072 |
| Fibonacci | 0.8901 | 0.8930 | 0.8948 | 0.8977 | 0.9006 | 0.9024 | 0.9053 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8766 | 0.8818 | 0.8891 | 0.8943 | 0.9016 | 0.9068 | 0.9141 |
| Camarilla | 0.8929 | 0.8940 | 0.8952 | 0.8963 | 0.8975 | 0.8986 | 0.8997 |
| Woodie | 0.8776 | 0.8823 | 0.8901 | 0.8948 | 0.9026 | 0.9073 | 0.9151 |
| Fibonacci | 0.8818 | 0.8866 | 0.8896 | 0.8943 | 0.8991 | 0.9021 | 0.9068 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8632 | 0.8694 | 0.8801 | 0.8863 | 0.8970 | 0.9032 | 0.9139 |
| Camarilla | 0.8861 | 0.8876 | 0.8892 | 0.8907 | 0.8923 | 0.8938 | 0.8954 |
| Woodie | 0.8654 | 0.8705 | 0.8823 | 0.8874 | 0.8992 | 0.9043 | 0.9161 |
| Fibonacci | 0.8694 | 0.8759 | 0.8799 | 0.8863 | 0.8928 | 0.8968 | 0.9032 |
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): | 45.18 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -1.8282 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 0.8956 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.8948 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.8983 | |
| Zig ZAG (10): | 0.8955 | |
| VORTEX (21): | 0.8488 | |
| Stochastique (14,3,5): | 47.62 | |
| TEMA (21): | 0.8952 | |
| Williams %R (14): | -61.11 | |
| Chande Momentum Oscillator (20): | 0.0001 | |
| Repulse (5,40,3): | -0.0469 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0059 | |
| Courbe Coppock: | 0.17 |
| MA7: | 0.8952 | |
| MA20: | 0.8947 | |
| MA50: | 0.8895 | |
| MA100: | 0.8986 | |
| MAexp7: | 0.8957 | |
| MAexp20: | 0.8960 | |
| MAexp50: | 0.8963 | |
| MAexp100: | 0.8958 | |
| Price / MA7: | +0.03% | |
| Price / MA20: | +0.09% | |
| Price / MA50: | +0.67% | |
| Price / MA100: | -0.34% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | -0.03% |
Quotes :
2021-02-23 07:49:08
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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
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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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