USD/CHF - Daily - Technical analysis published on 11/04/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1.0034 CHF
My targets
1.0299 CHF (+0.0199)
1.0549 CHF (+0.0449)
My analysis
USD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0034 CHF. The next resistance located at 1.0299 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0549 CHF. After this resistance, buyers could then target 1.1629 CHF. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.6
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This analysis was given by gioviforex. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 1.0100 CHF. The price registered a decrease of -0.35% on the session with the lowest point at 1.0083 CHF and the highest point at 1.0136 CHF. The deviation from the price is +0.17% for the low point and -0.36% for the high point.1.0083
1.0136
1.0100
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this USD/CHF chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish 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, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.9440 | 0.9887 | 1.0034 | 1.0100 | 1.0299 | 1.1629 | 1.2257 |
Change (%) | -6.53% | -2.11% | -0.65% | - | +1.97% | +15.14% | +21.36% |
Change | -0.0660 | -0.0213 | -0.0066 | - | +0.0199 | +0.1529 | +0.2157 |
Level | Major | Intermediate | Major | - | Major | Minor | Minor |
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 | 0.9904 | 0.9956 | 1.0045 | 1.0097 | 1.0186 | 1.0238 | 1.0327 |
Camarilla | 1.0096 | 1.0109 | 1.0122 | 1.0135 | 1.0148 | 1.0161 | 1.0174 |
Woodie | 0.9924 | 0.9965 | 1.0065 | 1.0106 | 1.0206 | 1.0247 | 1.0347 |
Fibonacci | 0.9956 | 1.0010 | 1.0043 | 1.0097 | 1.0151 | 1.0184 | 1.0238 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.9673 | 0.9757 | 0.9864 | 0.9948 | 1.0055 | 1.0139 | 1.0246 |
Camarilla | 0.9919 | 0.9936 | 0.9954 | 0.9971 | 0.9989 | 1.0006 | 1.0024 |
Woodie | 0.9685 | 0.9763 | 0.9876 | 0.9954 | 1.0067 | 1.0145 | 1.0258 |
Fibonacci | 0.9757 | 0.9830 | 0.9875 | 0.9948 | 1.0021 | 1.0066 | 1.0139 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.9448 | 0.9615 | 0.9815 | 0.9982 | 1.0182 | 1.0349 | 1.0549 |
Camarilla | 0.9915 | 0.9949 | 0.9982 | 1.0016 | 1.0050 | 1.0083 | 1.0117 |
Woodie | 0.9466 | 0.9623 | 0.9833 | 0.9990 | 1.0200 | 1.0357 | 1.0567 |
Fibonacci | 0.9615 | 0.9755 | 0.9842 | 0.9982 | 1.0122 | 1.0209 | 1.0349 |
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): | 61.00 | |
MACD (12,26,9): | 0.0059 | |
Directional Movement: | 14.6261 | |
AROON (14): | -28.5715 | |
DEMA (21): | 1.0060 | |
Parabolic SAR (0,02-0,02-0,2): | 0.9847 | |
Elder Ray (13): | 0.0099 | |
Super Trend (3,10): | 0.9801 | |
Zig ZAG (10): | 1.0101 | |
VORTEX (21): | 1.1440 | |
Stochastique (14,3,5): | 81.00 | |
TEMA (21): | 1.0065 | |
Williams %R (14): | -14.98 | |
Chande Momentum Oscillator (20): | 0.0050 | |
Repulse (5,40,3): | 1.3497 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0798 | |
Courbe Coppock: | 0.71 |
MA7: | 1.0023 | |
MA20: | 0.9998 | |
MA50: | 0.9853 | |
MA100: | 0.9737 | |
MAexp7: | 1.0043 | |
MAexp20: | 0.9982 | |
MAexp50: | 0.9878 | |
MAexp100: | 0.9777 | |
Price / MA7: | +0.77% | |
Price / MA20: | +1.02% | |
Price / MA50: | +2.51% | |
Price / MA100: | +3.73% | |
Price / MAexp7: | +0.57% | |
Price / MAexp20: | +1.18% | |
Price / MAexp50: | +2.25% | |
Price / MAexp100: | +3.30% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on USD/CHF. At the time of publication of this analysis, the latest news was as follows:
- USD/CHF Forecast September 23, 2022
- USD/CHF and USD/JPY Forecast January 3, 2022
- USD/CHF Forecast December 28, 2021
- USD/CHF Technical Analysis For March 20, 2020 By FX Empire
- USD/CHF Technical Analysis For March 19, 2020 by FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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