USD/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDCHF
ISIN:

USD/CHF - Daily - Technical analysis published on 03/01/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 0.8782 CHF

My targets

0.8946 CHF (+0.0099)

0.9099 CHF (+0.0252)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/CHF as long as the price remains well above 0.8782 CHF. The buyers' bullish objective is set at 0.8946 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9099 CHF. If there is any crossing, the next objective would be the resistance located at 0.9221 CHF.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.5

Comment on the analysis

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 lapteve. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/CHF rating 0.8847 CHF. The price registered an increase of +0.03% on the session with the lowest point at 0.8839 CHF and the highest point at 0.8849 CHF. The deviation from the price is +0.09% for the low point and -0.02% for the high point.

0.8839

0.8849

0.8847

Here is a more detailed summary of the historical variations registered by USD/CHF:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of USD/CHF indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8550	0.8696	0.8782	0.8847	0.8946	0.9099	0.9221
Change (%)	-3.36%	-1.71%	-0.73%	-	+1.12%	+2.85%	+4.23%
Change	-0.0297	-0.0151	-0.0065	-	+0.0099	+0.0252	+0.0374
Level	Major	Minor	Major	-	Major	Minor	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	0.8729	0.8754	0.8799	0.8824	0.8869	0.8894	0.8939
Camarilla	0.8825	0.8831	0.8838	0.8844	0.8850	0.8857	0.8863
Woodie	0.8739	0.8759	0.8809	0.8829	0.8879	0.8899	0.8949
Fibonacci	0.8754	0.8781	0.8797	0.8824	0.8851	0.8867	0.8894

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8663	0.8703	0.8758	0.8798	0.8853	0.8893	0.8948
Camarilla	0.8787	0.8796	0.8804	0.8813	0.8822	0.8830	0.8839
Woodie	0.8671	0.8707	0.8766	0.8802	0.8861	0.8897	0.8956
Fibonacci	0.8703	0.8739	0.8762	0.8798	0.8834	0.8857	0.8893

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8303	0.8428	0.8636	0.8761	0.8969	0.9094	0.9302
Camarilla	0.8752	0.8783	0.8814	0.8844	0.8875	0.8905	0.8936
Woodie	0.8345	0.8449	0.8678	0.8782	0.9011	0.9115	0.9344
Fibonacci	0.8428	0.8555	0.8634	0.8761	0.8888	0.8967	0.9094

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	63.62
MACD (12,26,9):	0.0041
Directional Movement:	5.2482
AROON (14):	14.2857
DEMA (21):	0.8837
Parabolic SAR (0,02-0,02-0,2):	0.8870
Elder Ray (13):	0.0041
Super Trend (3,10):	0.8701
Zig ZAG (10):	0.8849
VORTEX (21):	1.2421
Stochastique (14,3,5):	61.77
TEMA (21):	0.8853
Williams %R (14):	-27.27
Chande Momentum Oscillator (20):	-0.0006
Repulse (5,40,3):	0.5563
ROCnROLL:	1
TRIX (15,9):	0.0781
Courbe Coppock:	1.46

MA7:	0.8812
MA20:	0.8792
MA50:	0.8659
MA100:	0.8767
MAexp7:	0.8819
MAexp20:	0.8781
MAexp50:	0.8738
MAexp100:	0.8764
Price / MA7:	+0.40%
Price / MA20:	+0.63%
Price / MA50:	+2.17%
Price / MA100:	+0.91%
Price / MAexp7:	+0.32%
Price / MAexp20:	+0.75%
Price / MAexp50:	+1.25%
Price / MAexp100:	+0.95%

Quotes : - Real time data - Forex

News

The last news published on USD/CHF at the time of the generation of this analysis was as follows:

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

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