USD/CHF
USD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDCHF
ISIN:

USD/CHF - Daily - Technical analysis published on 11/04/2022 (GMT)

  • 133
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • 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

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 gioviforex. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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:

Central Indicators

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

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


S3S2S1PriceR1R2R3
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
Standard0.99040.99561.00451.00971.01861.02381.0327
Camarilla1.00961.01091.01221.01351.01481.01611.0174
Woodie0.99240.99651.00651.01061.02061.02471.0347
Fibonacci0.99561.00101.00431.00971.01511.01841.0238


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.96730.97570.98640.99481.00551.01391.0246
Camarilla0.99190.99360.99540.99710.99891.00061.0024
Woodie0.96850.97630.98760.99541.00671.01451.0258
Fibonacci0.97570.98300.98750.99481.00211.00661.0139


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.94480.96150.98150.99821.01821.03491.0549
Camarilla0.99150.99490.99821.00161.00501.00831.0117
Woodie0.94660.96230.98330.99901.02001.03571.0567
Fibonacci0.96150.97550.98420.99821.01221.02091.0349

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 - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15108
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis USD/CHF - Daily