USD/CHF - 1H - Technical analysis published on 10/28/2021 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.9150 CHF
My targets
0.9112 CHF (-0.0024)
0.9035 CHF (-0.0101)
My analysis
The bearish trend is currently very strong for USD/CHF. As long as the price remains below the resistance at 0.9150 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.9112 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9035 CHF as an objective. Crossing it would then enable sellers to target 0.8946 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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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
The USD/CHF price is 0.9136 CHF. The price registered a decrease of -0.50% on the session and was between 0.9129 CHF and 0.9195 CHF. This implies that the price is at +0.08% from its lowest and at -0.64% from its highest.0.9129
0.9195
0.9136
Here is a more detailed summary of the historical variations registered by USD/CHF:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of USD/CHF in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.8946 | 0.9035 | 0.9112 | 0.9136 | 0.9150 | 0.9171 | 0.9185 |
Change (%) | -2.08% | -1.11% | -0.26% | - | +0.15% | +0.38% | +0.54% |
Change | -0.0190 | -0.0101 | -0.0024 | - | +0.0014 | +0.0035 | +0.0049 |
Level | Minor | Major | Minor | - | Intermediate | Intermediate | Major |
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 | 0.9123 | 0.9143 | 0.9163 | 0.9183 | 0.9203 | 0.9223 | 0.9243 |
Camarilla | 0.9171 | 0.9175 | 0.9178 | 0.9182 | 0.9186 | 0.9189 | 0.9193 |
Woodie | 0.9122 | 0.9143 | 0.9162 | 0.9183 | 0.9202 | 0.9223 | 0.9242 |
Fibonacci | 0.9143 | 0.9159 | 0.9168 | 0.9183 | 0.9199 | 0.9208 | 0.9223 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8995 | 0.9073 | 0.9117 | 0.9195 | 0.9239 | 0.9317 | 0.9361 |
Camarilla | 0.9128 | 0.9139 | 0.9150 | 0.9161 | 0.9172 | 0.9183 | 0.9195 |
Woodie | 0.8978 | 0.9065 | 0.9100 | 0.9187 | 0.9222 | 0.9309 | 0.9344 |
Fibonacci | 0.9073 | 0.9120 | 0.9148 | 0.9195 | 0.9242 | 0.9270 | 0.9317 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.8917 | 0.9016 | 0.9171 | 0.9270 | 0.9425 | 0.9524 | 0.9679 |
Camarilla | 0.9256 | 0.9279 | 0.9303 | 0.9326 | 0.9349 | 0.9373 | 0.9396 |
Woodie | 0.8945 | 0.9030 | 0.9199 | 0.9284 | 0.9453 | 0.9538 | 0.9707 |
Fibonacci | 0.9016 | 0.9113 | 0.9173 | 0.9270 | 0.9367 | 0.9427 | 0.9524 |
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): | 27.08 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -22.8503 | |
AROON (14): | -14.2857 | |
DEMA (21): | 0.9167 | |
Parabolic SAR (0,02-0,02-0,2): | 0.9195 | |
Elder Ray (13): | -0.0032 | |
Super Trend (3,10): | 0.9187 | |
Zig ZAG (10): | 0.9135 | |
VORTEX (21): | 0.8608 | |
Stochastique (14,3,5): | 8.20 | |
TEMA (21): | 0.9163 | |
Williams %R (14): | -86.36 | |
Chande Momentum Oscillator (20): | -0.0042 | |
Repulse (5,40,3): | -0.4153 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0046 | |
Courbe Coppock: | 0.32 |
MA7: | 0.9179 | |
MA20: | 0.9235 | |
MA50: | 0.9219 | |
MA100: | 0.9188 | |
MAexp7: | 0.9164 | |
MAexp20: | 0.9175 | |
MAexp50: | 0.9182 | |
MAexp100: | 0.9187 | |
Price / MA7: | -0.47% | |
Price / MA20: | -1.07% | |
Price / MA50: | -0.90% | |
Price / MA100: | -0.57% | |
Price / MAexp7: | -0.31% | |
Price / MAexp20: | -0.43% | |
Price / MAexp50: | -0.50% | |
Price / MAexp100: | -0.56% |
Quotes :
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Real time data
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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
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…
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