USD/CHF
USD CHF
0.9931 CHF (+0.01%)
Real time - Forex
Open: 0.9930
Change: +0.0001
Volume: 76,475
Low: 0.9913
High: 0.9969
High / Low range: 0.0056
Type: Forex
Ticker: USDCHF
ISIN:

USD/CHF - 1H - Technical analysis published on 08/18/2019

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 0.9787 CHF
My targets
0.9817 CHF (+0.28%)
0.9858 CHF (+0.69%)
My analysis
The basic bullish trend is very strong on USD/CHF but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.9787 CHF. Crossing the first resistance at 0.9817 CHF would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.9858 CHF as an objective. Crossing it would then enable buyers to target 0.9941 CHF. Caution, a return to below 0.9787 CHF would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

Additional analysis

Quotes

The USD/CHF price is 0.9790 CHF. The price registered an increase of +0.05% on the session with the lowest point at 0.9773 CHF and the highest point at 0.9805 CHF. The deviation from the price is +0.17% for the low point and -0.15% for the high point.

0.9773
0.9805
0.9790

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of this 1H chart of USD/CHF indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

On the 18 technical indicators analysed, 7 are bullish, 7 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.9723 0.9754 0.9787 0.9790 0.9817 0.9858 0.9941
Change (%) -0.68% -0.37% -0.03% - +0.28% +0.69% +1.54%
Change -0.0067 -0.0036 -0.0003 - +0.0027 +0.0068 +0.0151
Level Major Intermediate Minor - Intermediate Minor Intermediate



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
Standard0.97160.97400.97620.97860.98080.98320.9854
Camarilla0.97720.97770.97810.97850.97890.97930.9798
Woodie0.97160.97400.97620.97860.98080.98320.9854
Fibonacci0.97400.97570.97680.97860.98030.98140.9832


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.95430.96010.96930.97510.98430.99010.9993
Camarilla0.97440.97580.97710.97850.97990.98130.9826
Woodie0.95600.96100.97100.97600.98600.99101.0010
Fibonacci0.96010.96580.96940.97510.98080.98440.9901


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.96550.97170.98290.98911.00031.00651.0177
Camarilla0.98940.99100.99260.99420.99580.99740.9990
Woodie0.96810.97300.98550.99041.00291.00781.0203
Fibonacci0.97170.97830.98240.98910.99570.99981.0065

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): 55.92
MACD (12,26,9): 0.0004
Directional Movement: 4.4100
AROON (14): -85.7143
DEMA (21): 0.9794
Parabolic SAR (0,02-0,02-0,2): 0.9804
Elder Ray (13): 0.0002
Super Trend (3,10): 0.9773
Zig ZAG (10): 0.9791
VORTEX (21): 1.0329
Stochastique (14,3,5): 42.14
TEMA (21): 0.9790
Williams %R (14): -48.57
Chande Momentum Oscillator (20): -0.0014
Repulse (5,40,3): 0.0056
ROCnROLL: 1
TRIX (15,9): 0.0097
Courbe Coppock: 0.20
MA7: 0.9750
MA20: 0.9812
MA50: 0.9845
MA100: 0.9960
MAexp7: 0.9788
MAexp20: 0.9787
MAexp50: 0.9774
MAexp100: 0.9761
Price / MA7: +0.41%
Price / MA20: -0.22%
Price / MA50: -0.56%
Price / MA100: -1.71%
Price / MAexp7: +0.02%
Price / MAexp20: +0.03%
Price / MAexp50: +0.16%
Price / MAexp100: +0.30%

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:

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

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