USD/CHF - 1H - Technical analysis published on 01/28/2020 (GMT)
- 153
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.9718 CHF
My targets
0.9769 CHF (+0.0041)
0.9840 CHF (+0.0112)
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 0.9718 CHF. The buyers” bullish objective is set at 0.9769 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9840 CHF. If there is any crossing, the next objective would be the resistance located at 0.9942 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.4
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/CHF rating 0.9728 CHF. The price has increased by +0.30% since the last closing and was traded between 0.9679 CHF and 0.9730 CHF over the period. The price is currently at +0.51% from its lowest and -0.02% from its highest.0.9679
0.9730
0.9728
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 the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
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
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of triangle is broken
Type : Bearish
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 | 0.9691 | 0.9707 | 0.9718 | 0.9728 | 0.9729 | 0.9840 | 0.9942 |
| Change (%) | -0.38% | -0.22% | -0.10% | - | +0.01% | +1.15% | +2.20% |
| Change | -0.0037 | -0.0021 | -0.0010 | - | +0.0001 | +0.0112 | +0.0214 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | 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 | 0.9644 | 0.9663 | 0.9681 | 0.9700 | 0.9718 | 0.9737 | 0.9755 |
| Camarilla | 0.9689 | 0.9692 | 0.9696 | 0.9699 | 0.9702 | 0.9706 | 0.9709 |
| Woodie | 0.9644 | 0.9663 | 0.9681 | 0.9700 | 0.9718 | 0.9737 | 0.9755 |
| Fibonacci | 0.9663 | 0.9677 | 0.9686 | 0.9700 | 0.9714 | 0.9723 | 0.9737 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9606 | 0.9633 | 0.9674 | 0.9701 | 0.9742 | 0.9769 | 0.9810 |
| Camarilla | 0.9695 | 0.9702 | 0.9708 | 0.9714 | 0.9720 | 0.9727 | 0.9733 |
| Woodie | 0.9612 | 0.9637 | 0.9680 | 0.9705 | 0.9748 | 0.9773 | 0.9816 |
| Fibonacci | 0.9633 | 0.9659 | 0.9675 | 0.9701 | 0.9727 | 0.9743 | 0.9769 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9178 | 0.9412 | 0.9541 | 0.9775 | 0.9904 | 1.0138 | 1.0267 |
| Camarilla | 0.9570 | 0.9603 | 0.9637 | 0.9670 | 0.9703 | 0.9737 | 0.9770 |
| Woodie | 0.9126 | 0.9386 | 0.9489 | 0.9749 | 0.9852 | 1.0112 | 1.0215 |
| Fibonacci | 0.9412 | 0.9551 | 0.9636 | 0.9775 | 0.9914 | 0.9999 | 1.0138 |
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): | 65.47 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 13.3366 | |
| AROON (14): | 28.5714 | |
| DEMA (21): | 0.9707 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9680 | |
| Elder Ray (13): | 0.0018 | |
| Super Trend (3,10): | 0.9691 | |
| Zig ZAG (10): | 0.9728 | |
| VORTEX (21): | 1.1405 | |
| Stochastique (14,3,5): | 94.15 | |
| TEMA (21): | 0.9710 | |
| Williams %R (14): | -2.00 | |
| Chande Momentum Oscillator (20): | 0.0025 | |
| Repulse (5,40,3): | 0.3191 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0007 | |
| Courbe Coppock: | 0.20 |
| MA7: | 0.9698 | |
| MA20: | 0.9696 | |
| MA50: | 0.9794 | |
| MA100: | 0.9858 | |
| MAexp7: | 0.9710 | |
| MAexp20: | 0.9704 | |
| MAexp50: | 0.9702 | |
| MAexp100: | 0.9698 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +0.33% | |
| Price / MA50: | -0.67% | |
| Price / MA100: | -1.32% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.27% | |
| Price / MAexp100: | +0.31% |
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