USD/CHF - 1H - Technical analysis published on 10/22/2019 (GMT)
- Who voted?
- 142
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bearish
Technical indicators
78%
0%
22%
My opinion
Neutral between 0.9858 CHF and 0.9876 CHF
My targets
-
My analysis
The strong short-term increase on USD/CHF is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 0.9858 CHF, you could take advantage of the short-term boom. The first bullish objective would be 0.9876 CHF. Then the price could move towards 0.9914 CHF. Then 0.9942 CHF by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 0.9858 CHF could be a sign of a reversal of the bearish trend.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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
USD/CHF rating 0.9868 CHF. The price registered an increase of +0.07% on the session with the lowest point at 0.9860 CHF and the highest point at 0.9870 CHF. The deviation from the price is +0.08% for the low point and -0.02% for the high point.0.9860
0.9870
0.9868
Here is a more detailed summary of the historical variations registered by USD/CHF:
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. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that the overall trend could quickly run out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.9817 | 0.9840 | 0.9858 | 0.9868 | 0.9876 | 0.9914 | 0.9942 |
| Change (%) | -0.52% | -0.28% | -0.10% | - | +0.08% | +0.47% | +0.75% |
| Change | -0.0051 | -0.0028 | -0.0010 | - | +0.0008 | +0.0046 | +0.0074 |
| Level | Minor | Major | Major | - | Minor | Minor | Major |
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 | 0.9808 | 0.9824 | 0.9843 | 0.9859 | 0.9878 | 0.9894 | 0.9913 |
| Camarilla | 0.9851 | 0.9855 | 0.9858 | 0.9861 | 0.9864 | 0.9867 | 0.9871 |
| Woodie | 0.9809 | 0.9825 | 0.9844 | 0.9860 | 0.9879 | 0.9895 | 0.9914 |
| Fibonacci | 0.9824 | 0.9838 | 0.9846 | 0.9859 | 0.9873 | 0.9881 | 0.9894 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9631 | 0.9735 | 0.9788 | 0.9892 | 0.9945 | 1.0049 | 1.0102 |
| Camarilla | 0.9798 | 0.9812 | 0.9827 | 0.9841 | 0.9855 | 0.9870 | 0.9884 |
| Woodie | 0.9606 | 0.9722 | 0.9763 | 0.9879 | 0.9920 | 1.0036 | 1.0077 |
| Fibonacci | 0.9735 | 0.9795 | 0.9832 | 0.9892 | 0.9952 | 0.9989 | 1.0049 |
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): | 58.69 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 10.6936 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 0.9861 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9854 | |
| Elder Ray (13): | 0.0004 | |
| Super Trend (3,10): | 0.9878 | |
| Zig ZAG (10): | 0.9868 | |
| VORTEX (21): | 1.0243 | |
| Stochastique (14,3,5): | 68.49 | |
| TEMA (21): | 0.9866 | |
| Williams %R (14): | -26.67 | |
| Chande Momentum Oscillator (20): | 0.0002 | |
| Repulse (5,40,3): | 0.0523 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.17 |
| MA7: | 0.9908 | |
| MA20: | 0.9933 | |
| MA50: | 0.9889 | |
| MA100: | 0.9872 | |
| MAexp7: | 0.9864 | |
| MAexp20: | 0.9860 | |
| MAexp50: | 0.9867 | |
| MAexp100: | 0.9889 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | -0.65% | |
| Price / MA50: | -0.21% | |
| Price / MA100: | -0.04% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.21% |
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:
-
USDCHF May Be the Best Dollar-Bullish Option for Trade War Status Quo (Quick Take Video)
-
USDCHF - One of My Favorite Alternative Dollar Scenario Options
-
USD/CHF Price Forecast – Grinding Through Important Triple-Top Formation
-
U.S. stocks set for flat open, USD/CHF looks up
-
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.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis USD/CHF - 1H