USD/CHF - 1H - Technical analysis published on 10/07/2019 (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:
Neutral
De fond:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 0.9988 CHF
My targets
0.9942 CHF (-0.10%)
0.9921 CHF (-0.31%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.9988 CHF remains possible. It is advisable to trade USD/CHF with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.9988 CHF. The next bearish objective for sellers is set at 0.9942 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9921 CHF. In case of crossing, the next objective would be the support located at 0.9891 CHF. PS: if there is a bullish break in the resistance located at 0.9988 CHF we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
1.8
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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
The USD/CHF rating is 0.9952 CHF. The price is lower by -0.02% since the last closing and was traded between 0.9939 CHF and 0.9964 CHF over the period. The price is currently at +0.13% from its lowest and -0.12% from its highest.0.9939
0.9964
0.9952
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 bearish. 75% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 11 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
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.9891 | 0.9921 | 0.9942 | 0.9952 | 0.9988 | 1.0025 | 1.0109 |
| Change (%) | -0.61% | -0.31% | -0.10% | - | +0.36% | +0.73% | +1.58% |
| Change | -0.0061 | -0.0031 | -0.0010 | - | +0.0036 | +0.0073 | +0.0157 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | 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 | 0.9837 | 0.9882 | 0.9918 | 0.9963 | 0.9999 | 1.0044 | 1.0080 |
| Camarilla | 0.9932 | 0.9939 | 0.9947 | 0.9954 | 0.9961 | 0.9969 | 0.9976 |
| Woodie | 0.9833 | 0.9880 | 0.9914 | 0.9961 | 0.9995 | 1.0042 | 1.0076 |
| Fibonacci | 0.9882 | 0.9913 | 0.9932 | 0.9963 | 0.9994 | 1.0013 | 1.0044 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9770 | 0.9837 | 0.9895 | 0.9962 | 1.0020 | 1.0087 | 1.0145 |
| Camarilla | 0.9920 | 0.9931 | 0.9943 | 0.9954 | 0.9966 | 0.9977 | 0.9988 |
| Woodie | 0.9767 | 0.9835 | 0.9892 | 0.9960 | 1.0017 | 1.0085 | 1.0142 |
| Fibonacci | 0.9837 | 0.9884 | 0.9914 | 0.9962 | 1.0009 | 1.0039 | 1.0087 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.96 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 0.7018 | |
| AROON (14): | 42.8571 | |
| DEMA (21): | 0.9948 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9935 | |
| Elder Ray (13): | 0.0005 | |
| Super Trend (3,10): | 0.9979 | |
| Zig ZAG (10): | 0.9952 | |
| VORTEX (21): | 1.0896 | |
| Stochastique (14,3,5): | 82.30 | |
| TEMA (21): | 0.9951 | |
| Williams %R (14): | -36.00 | |
| Chande Momentum Oscillator (20): | 0.0009 | |
| Repulse (5,40,3): | 0.0084 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0101 | |
| Courbe Coppock: | 0.03 |
| MA7: | 0.9953 | |
| MA20: | 0.9930 | |
| MA50: | 0.9860 | |
| MA100: | 0.9885 | |
| MAexp7: | 0.9954 | |
| MAexp20: | 0.9955 | |
| MAexp50: | 0.9963 | |
| MAexp100: | 0.9963 | |
| Price / MA7: | -0.01% | |
| Price / MA20: | +0.22% | |
| Price / MA50: | +0.93% | |
| Price / MA100: | +0.68% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.11% |
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 - 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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