USD/CHF - Daily - Technical analysis published on 09/27/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.9891 CHF
My targets
0.9942 CHF (+0.04%)
1.0025 CHF (+0.88%)
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 0.9891 CHF. The buyers” bullish objective is set at 0.9942 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0025 CHF. If there is any crossing, the next objective would be the resistance located at 1.0109 CHF.
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
5.5
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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 0.9938 CHF. The price has increased by +0.05% since the last closing with the lowest point at 0.9931 CHF and the highest point at 0.9945 CHF. The deviation from the price is +0.07% for the low point and -0.07% for the high point.0.9931
0.9945
0.9938
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
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 (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of USD/CHF indicates that the overall trend is bullish. 75% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9691 | 0.9817 | 0.9891 | 0.9938 | 0.9942 | 1.0025 | 1.0109 |
| Change (%) | -2.49% | -1.22% | -0.47% | - | +0.04% | +0.88% | +1.72% |
| Change | -0.0247 | -0.0121 | -0.0047 | - | +0.0004 | +0.0087 | +0.0171 |
| Level | Major | Minor | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9867 | 0.9886 | 0.9910 | 0.9929 | 0.9953 | 0.9972 | 0.9996 |
| Camarilla | 0.9921 | 0.9925 | 0.9929 | 0.9933 | 0.9937 | 0.9941 | 0.9945 |
| Woodie | 0.9869 | 0.9887 | 0.9912 | 0.9930 | 0.9955 | 0.9973 | 0.9998 |
| Fibonacci | 0.9886 | 0.9903 | 0.9913 | 0.9929 | 0.9946 | 0.9956 | 0.9972 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9737 | 0.9801 | 0.9856 | 0.9920 | 0.9975 | 1.0039 | 1.0094 |
| Camarilla | 0.9878 | 0.9889 | 0.9900 | 0.9911 | 0.9922 | 0.9933 | 0.9944 |
| Woodie | 0.9733 | 0.9799 | 0.9852 | 0.9918 | 0.9971 | 1.0037 | 1.0090 |
| Fibonacci | 0.9801 | 0.9847 | 0.9875 | 0.9920 | 0.9966 | 0.9994 | 1.0039 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9398 | 0.9529 | 0.9715 | 0.9846 | 1.0032 | 1.0163 | 1.0349 |
| Camarilla | 0.9815 | 0.9844 | 0.9873 | 0.9902 | 0.9931 | 0.9960 | 0.9989 |
| Woodie | 0.9427 | 0.9543 | 0.9744 | 0.9860 | 1.0061 | 1.0177 | 1.0378 |
| Fibonacci | 0.9529 | 0.9650 | 0.9725 | 0.9846 | 0.9967 | 1.0042 | 1.0163 |
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): | 56.42 | |
| MACD (12,26,9): | 0.0021 | |
| Directional Movement: | -1.5131 | |
| AROON (14): | -21.4285 | |
| DEMA (21): | 0.9928 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9976 | |
| Elder Ray (13): | 0.0027 | |
| Super Trend (3,10): | 0.9775 | |
| Zig ZAG (10): | 0.9937 | |
| VORTEX (21): | 1.1111 | |
| Stochastique (14,3,5): | 59.29 | |
| TEMA (21): | 0.9938 | |
| Williams %R (14): | -33.57 | |
| Chande Momentum Oscillator (20): | 0.0000 | |
| Repulse (5,40,3): | 0.2320 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0367 | |
| Courbe Coppock: | 0.64 |
| MA7: | 0.9912 | |
| MA20: | 0.9906 | |
| MA50: | 0.9851 | |
| MA100: | 0.9893 | |
| MAexp7: | 0.9918 | |
| MAexp20: | 0.9900 | |
| MAexp50: | 0.9879 | |
| MAexp100: | 0.9897 | |
| Price / MA7: | +0.26% | |
| Price / MA20: | +0.32% | |
| Price / MA50: | +0.88% | |
| Price / MA100: | +0.45% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.60% | |
| Price / MAexp100: | +0.41% |
News
The latest news and videos published on USD/CHF at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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