USD/CHF - 1H - Technical analysis published on 10/04/2019 (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 bearish
De fond:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.9988 CHF
My targets
0.9942 CHF (-0.01%)
0.9921 CHF (-0.22%)
My analysis
The bearish trend is currently very strong for USD/CHF. As long as the price remains below the resistance at 0.9988 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.9942 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9921 CHF as an objective. Crossing it would then enable sellers to target 0.9891 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.9943 CHF. On the day, this instrument lost -0.39% and was traded between 0.9927 CHF and 1.0008 CHF over the period. The price is currently at +0.16% from its lowest and -0.65% from its highest.0.9927
1.0008
0.9943
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of USD/CHF indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.9891 | 0.9921 | 0.9942 | 0.9943 | 0.9988 | 1.0025 | 1.0109 |
| Change (%) | -0.52% | -0.22% | -0.01% | - | +0.45% | +0.82% | +1.67% |
| Change | -0.0052 | -0.0022 | -0.0001 | - | +0.0045 | +0.0082 | +0.0166 |
| Level | Intermediate | Minor | Major | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9871 | 0.9911 | 0.9947 | 0.9987 | 1.0023 | 1.0063 | 1.0099 |
| Camarilla | 0.9961 | 0.9968 | 0.9975 | 0.9982 | 0.9989 | 0.9996 | 1.0003 |
| Woodie | 0.9868 | 0.9910 | 0.9944 | 0.9986 | 1.0020 | 1.0062 | 1.0096 |
| Fibonacci | 0.9911 | 0.9940 | 0.9958 | 0.9987 | 1.0016 | 1.0034 | 1.0063 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9747 | 0.9796 | 0.9852 | 0.9901 | 0.9957 | 1.0006 | 1.0062 |
| Camarilla | 0.9880 | 0.9890 | 0.9899 | 0.9909 | 0.9919 | 0.9928 | 0.9938 |
| Woodie | 0.9752 | 0.9798 | 0.9857 | 0.9903 | 0.9962 | 1.0008 | 1.0067 |
| Fibonacci | 0.9796 | 0.9836 | 0.9861 | 0.9901 | 0.9941 | 0.9966 | 1.0006 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9663 | 0.9731 | 0.9853 | 0.9921 | 1.0043 | 1.0111 | 1.0233 |
| Camarilla | 0.9924 | 0.9941 | 0.9959 | 0.9976 | 0.9993 | 1.0011 | 1.0028 |
| Woodie | 0.9691 | 0.9745 | 0.9881 | 0.9935 | 1.0071 | 1.0125 | 1.0261 |
| Fibonacci | 0.9731 | 0.9803 | 0.9848 | 0.9921 | 0.9993 | 1.0038 | 1.0111 |
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): | 41.33 | |
| MACD (12,26,9): | -0.0010 | |
| Directional Movement: | -5.5578 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 0.9959 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9982 | |
| Elder Ray (13): | -0.0014 | |
| Super Trend (3,10): | 0.9979 | |
| Zig ZAG (10): | 0.9950 | |
| VORTEX (21): | 0.8964 | |
| Stochastique (14,3,5): | 34.16 | |
| TEMA (21): | 0.9949 | |
| Williams %R (14): | -72.84 | |
| Chande Momentum Oscillator (20): | -0.0039 | |
| Repulse (5,40,3): | -0.0652 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0077 | |
| Courbe Coppock: | 0.64 |
| MA7: | 0.9949 | |
| MA20: | 0.9929 | |
| MA50: | 0.9859 | |
| MA100: | 0.9886 | |
| MAexp7: | 0.9954 | |
| MAexp20: | 0.9969 | |
| MAexp50: | 0.9975 | |
| MAexp100: | 0.9968 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | +0.14% | |
| Price / MA50: | +0.85% | |
| Price / MA100: | +0.58% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.26% | |
| Price / MAexp50: | -0.32% | |
| Price / MAexp100: | -0.25% |
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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