USD/CHF - 1H - Technical analysis published on 08/13/2019 (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
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.9723 CHF
My targets
0.9754 CHF (+0.07%)
0.9817 CHF (+0.72%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on USD/CHF. This is a positive signal for buyers. As long as the price remains above 0.9723 CHF, a purchase could be considered. The first bullish objective is located at 0.9754 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9817 CHF as an objective. Crossing it would then enable buyers to target 0.9858 CHF. In the event of a return below 0.9723 CHF, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF rating is 0.9747 CHF. On the day, this instrument gained +0.57% and was traded between 0.9659 CHF and 0.9768 CHF over the period. The price is currently at +0.91% from its lowest and -0.21% from its highest.0.9659
0.9768
0.9747
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of USD/CHF indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 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 : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.9446 | 0.9534 | 0.9723 | 0.9747 | 0.9754 | 0.9817 | 0.9858 |
| Change (%) | -3.09% | -2.19% | -0.25% | - | +0.07% | +0.72% | +1.14% |
| Change | -0.0301 | -0.0213 | -0.0024 | - | +0.0007 | +0.0070 | +0.0111 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9593 | 0.9637 | 0.9665 | 0.9709 | 0.9737 | 0.9781 | 0.9809 |
| Camarilla | 0.9672 | 0.9679 | 0.9685 | 0.9692 | 0.9699 | 0.9705 | 0.9712 |
| Woodie | 0.9584 | 0.9633 | 0.9656 | 0.9705 | 0.9728 | 0.9777 | 0.9800 |
| Fibonacci | 0.9637 | 0.9665 | 0.9682 | 0.9709 | 0.9737 | 0.9754 | 0.9781 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9509 | 0.9601 | 0.9663 | 0.9755 | 0.9817 | 0.9909 | 0.9971 |
| Camarilla | 0.9684 | 0.9698 | 0.9712 | 0.9726 | 0.9740 | 0.9754 | 0.9768 |
| Woodie | 0.9495 | 0.9594 | 0.9649 | 0.9748 | 0.9803 | 0.9902 | 0.9957 |
| Fibonacci | 0.9601 | 0.9660 | 0.9696 | 0.9755 | 0.9814 | 0.9850 | 0.9909 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9655 | 0.9717 | 0.9829 | 0.9891 | 1.0003 | 1.0065 | 1.0177 |
| Camarilla | 0.9894 | 0.9910 | 0.9926 | 0.9942 | 0.9958 | 0.9974 | 0.9990 |
| Woodie | 0.9681 | 0.9730 | 0.9855 | 0.9904 | 1.0029 | 1.0078 | 1.0203 |
| Fibonacci | 0.9717 | 0.9783 | 0.9824 | 0.9891 | 0.9957 | 0.9998 | 1.0065 |
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): | 63.39 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 16.6190 | |
| AROON (14): | 14.2857 | |
| DEMA (21): | 0.9721 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9672 | |
| Elder Ray (13): | 0.0031 | |
| Super Trend (3,10): | 0.9681 | |
| Zig ZAG (10): | 0.9748 | |
| VORTEX (21): | 1.1297 | |
| Stochastique (14,3,5): | 81.35 | |
| TEMA (21): | 0.9732 | |
| Williams %R (14): | -19.27 | |
| Chande Momentum Oscillator (20): | 0.0031 | |
| Repulse (5,40,3): | 0.1096 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0023 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.9731 | |
| MA20: | 0.9825 | |
| MA50: | 0.9856 | |
| MA100: | 0.9968 | |
| MAexp7: | 0.9731 | |
| MAexp20: | 0.9718 | |
| MAexp50: | 0.9720 | |
| MAexp100: | 0.9733 | |
| Price / MA7: | +0.16% | |
| Price / MA20: | -0.79% | |
| Price / MA50: | -1.11% | |
| Price / MA100: | -2.22% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +0.28% | |
| Price / MAexp100: | +0.14% |
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:
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USDCHF May Be the Best Dollar-Bullish Option for Trade War Status Quo (Quick Take Video)
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USDCHF - One of My Favorite Alternative Dollar Scenario Options
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USD/CHF Price Forecast – Grinding Through Important Triple-Top Formation
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U.S. stocks set for flat open, USD/CHF looks up
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Chart Perspective – USD/CHF, EUR/GBP/JPY Cross-rates, DAX & More
This member declared not having a position on this financial instrument or a related financial instrument.
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