USD/CHF - 1H - Technical analysis published on 08/16/2019 (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:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.9754 CHF
My targets
0.9797 CHF (+0.02%)
0.9817 CHF (+0.22%)
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 0.9754 CHF. The next resistance located at 0.9797 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 0.9817 CHF. After this resistance, buyers could then target 0.9858 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.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF rating is 0.9795 CHF. On the day, this instrument gained +0.32% and was between 0.9763 CHF and 0.9809 CHF. This implies that the price is at +0.33% from its lowest and at -0.14% from its highest.0.9763
0.9809
0.9795
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/CHF:
Technical
A technical analysis in 1H 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, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
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 | 0.9692 | 0.9723 | 0.9754 | 0.9795 | 0.9797 | 0.9817 | 0.9858 |
Change (%) | -1.05% | -0.74% | -0.42% | - | +0.02% | +0.22% | +0.64% |
Change | -0.0103 | -0.0072 | -0.0041 | - | +0.0002 | +0.0022 | +0.0063 |
Level | Minor | Major | Intermediate | - | Intermediate | Minor | Minor |
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 | 0.9677 | 0.9699 | 0.9732 | 0.9754 | 0.9787 | 0.9809 | 0.9842 |
Camarilla | 0.9749 | 0.9754 | 0.9759 | 0.9764 | 0.9769 | 0.9774 | 0.9779 |
Woodie | 0.9682 | 0.9702 | 0.9737 | 0.9757 | 0.9792 | 0.9812 | 0.9847 |
Fibonacci | 0.9699 | 0.9720 | 0.9733 | 0.9754 | 0.9775 | 0.9788 | 0.9809 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 63.88 | |
MACD (12,26,9): | 0.0013 | |
Directional Movement: | 14.5679 | |
AROON (14): | 92.8571 | |
DEMA (21): | 0.9798 | |
Parabolic SAR (0,02-0,02-0,2): | 0.9790 | |
Elder Ray (13): | 0.0010 | |
Super Trend (3,10): | 0.9773 | |
Zig ZAG (10): | 0.9792 | |
VORTEX (21): | 1.1595 | |
Stochastique (14,3,5): | 82.99 | |
TEMA (21): | 0.9802 | |
Williams %R (14): | -36.96 | |
Chande Momentum Oscillator (20): | 0.0028 | |
Repulse (5,40,3): | -0.0863 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0174 | |
Courbe Coppock: | 0.60 |
MA7: | 0.9744 | |
MA20: | 0.9814 | |
MA50: | 0.9847 | |
MA100: | 0.9962 | |
MAexp7: | 0.9794 | |
MAexp20: | 0.9781 | |
MAexp50: | 0.9763 | |
MAexp100: | 0.9753 | |
Price / MA7: | +0.52% | |
Price / MA20: | -0.19% | |
Price / MA50: | -0.53% | |
Price / MA100: | -1.68% | |
Price / MAexp7: | +0.01% | |
Price / MAexp20: | +0.14% | |
Price / MAexp50: | +0.33% | |
Price / MAexp100: | +0.43% |
News
The latest news and videos published on USD/CHF at the time of the analysis were as follows:
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- USDCHF - One of My Favorite Alternative Dollar Scenario Options
- USD/CHF Price Forecast – Grinding Through Important Triple-Top Formation
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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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