USD/CHF - 1H - Technical analysis published on 02/14/2020 (GMT)
- Who voted?
- 180
- 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
78%
0%
22%
My opinion
Bullish above 0.9779 CHF
My targets
0.9842 CHF (+0.0035)
0.9916 CHF (+0.0109)
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 0.9779 CHF. The buyers” bullish objective is set at 0.9842 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.9916 CHF. If there is any crossing, the next objective would be the resistance located at 0.9985 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
8.6
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
The USD/CHF price is 0.9807 CHF. The price registered an increase of +0.17% on the session and was traded between 0.9790 CHF and 0.9810 CHF over the period. The price is currently at +0.17% from its lowest and -0.03% from its highest.0.9790
0.9810
0.9807
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/CHF in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently 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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.9704 | 0.9741 | 0.9779 | 0.9807 | 0.9842 | 0.9916 | 0.9985 |
| Change (%) | -1.05% | -0.67% | -0.29% | - | +0.36% | +1.11% | +1.82% |
| Change | -0.0103 | -0.0066 | -0.0028 | - | +0.0035 | +0.0109 | +0.0178 |
| Level | Minor | Intermediate | 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 | 0.9734 | 0.9747 | 0.9769 | 0.9782 | 0.9804 | 0.9817 | 0.9839 |
| Camarilla | 0.9780 | 0.9784 | 0.9787 | 0.9790 | 0.9793 | 0.9796 | 0.9800 |
| Woodie | 0.9738 | 0.9749 | 0.9773 | 0.9784 | 0.9808 | 0.9819 | 0.9843 |
| Fibonacci | 0.9747 | 0.9761 | 0.9769 | 0.9782 | 0.9796 | 0.9804 | 0.9817 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9526 | 0.9578 | 0.9678 | 0.9730 | 0.9830 | 0.9882 | 0.9982 |
| Camarilla | 0.9736 | 0.9750 | 0.9764 | 0.9778 | 0.9792 | 0.9806 | 0.9820 |
| Woodie | 0.9550 | 0.9590 | 0.9702 | 0.9742 | 0.9854 | 0.9894 | 1.0006 |
| Fibonacci | 0.9578 | 0.9636 | 0.9672 | 0.9730 | 0.9788 | 0.9824 | 0.9882 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9422 | 0.9517 | 0.9576 | 0.9671 | 0.9730 | 0.9825 | 0.9884 |
| Camarilla | 0.9592 | 0.9606 | 0.9620 | 0.9634 | 0.9648 | 0.9662 | 0.9676 |
| Woodie | 0.9403 | 0.9508 | 0.9557 | 0.9662 | 0.9711 | 0.9816 | 0.9865 |
| Fibonacci | 0.9517 | 0.9576 | 0.9613 | 0.9671 | 0.9730 | 0.9767 | 0.9825 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 70.17 | |
| MACD (12,26,9): | 0.0007 | |
| Directional Movement: | 16.7120 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 0.9804 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9798 | |
| Elder Ray (13): | 0.0008 | |
| Super Trend (3,10): | 0.9788 | |
| Zig ZAG (10): | 0.9806 | |
| VORTEX (21): | 1.1456 | |
| Stochastique (14,3,5): | 87.73 | |
| TEMA (21): | 0.9806 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | 0.0012 | |
| Repulse (5,40,3): | 0.0276 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0094 | |
| Courbe Coppock: | 0.27 |
| MA7: | 0.9776 | |
| MA20: | 0.9723 | |
| MA50: | 0.9742 | |
| MA100: | 0.9835 | |
| MAexp7: | 0.9802 | |
| MAexp20: | 0.9796 | |
| MAexp50: | 0.9785 | |
| MAexp100: | 0.9774 | |
| Price / MA7: | +0.32% | |
| Price / MA20: | +0.86% | |
| Price / MA50: | +0.67% | |
| Price / MA100: | -0.28% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.34% |
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 Technical Analysis for February 13, 2020 by FXEmpire
-
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
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