USD/CHF
USD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDCHF
ISIN:

USD/CHF - 1H - Technical analysis published on 03/02/2020 (GMT)

  • Who voted?
  • 131
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • 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
17%
72%
11%
My opinion
Bearish under 0.9610 CHF
My targets
0.9569 CHF (-0.0012)
0.9486 CHF (-0.0095)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/CHF as long as the price remains well below 0.9610 CHF. The sellers” bearish objective is set at 0.9569 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.9486 CHF. In case of crossing, the next objective would be the support located at 0.9441 CHF. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
7.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

USD/CHF rating 0.9581 CHF. The price registered a decrease of -0.73% on the session with the lowest point at 0.9563 CHF and the highest point at 0.9655 CHF. The deviation from the price is +0.19% for the low point and -0.77% for the high point.

0.9563
0.9655
0.9581

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of USD/CHF in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour


Horizontal support 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


S3S2S1PriceR1R2R3
ProTrendLines 0.8543 0.9223 0.9441 0.9581 0.9583 0.9610 0.9635
Change (%) -10.83% -3.74% -1.46% - +0.02% +0.30% +0.56%
Change -0.1038 -0.0358 -0.0140 - +0.0002 +0.0029 +0.0054
Level Intermediate Major Minor - Minor Major Major



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
Standard0.95230.95660.96090.96520.96950.97380.9781
Camarilla0.96270.96350.96430.96510.96590.96670.9675
Woodie0.95220.95660.96080.96520.96940.97380.9780
Fibonacci0.95660.95990.96200.96520.96850.97060.9738


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.93630.94860.95690.96920.97750.98980.9981
Camarilla0.95940.96130.96320.96510.96700.96890.9708
Woodie0.93420.94760.95480.96820.97540.98880.9960
Fibonacci0.94860.95650.96140.96920.97710.98200.9898


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.93190.94640.95580.97030.97970.99421.0036
Camarilla0.95850.96070.96290.96510.96730.96950.9717
Woodie0.92930.94510.95320.96900.97710.99291.0010
Fibonacci0.94640.95560.96120.97030.97950.98510.9942

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): 31.00
MACD (12,26,9): -0.0019
Directional Movement: -25.8986
AROON (14): -28.5714
DEMA (21): 0.9606
Parabolic SAR (0,02-0,02-0,2): 0.9640
Elder Ray (13): -0.0047
Super Trend (3,10): 0.9639
Zig ZAG (10): 0.9582
VORTEX (21): 0.7938
Stochastique (14,3,5): 6.16
TEMA (21): 0.9600
Williams %R (14): -80.43
Chande Momentum Oscillator (20): -0.0046
Repulse (5,40,3): -0.3936
ROCnROLL: 2
TRIX (15,9): -0.0201
Courbe Coppock: 0.75
MA7: 0.9718
MA20: 0.9761
MA50: 0.9728
MA100: 0.9813
MAexp7: 0.9605
MAexp20: 0.9630
MAexp50: 0.9661
MAexp100: 0.9697
Price / MA7: -1.41%
Price / MA20: -1.84%
Price / MA50: -1.51%
Price / MA100: -2.36%
Price / MAexp7: -0.25%
Price / MAexp20: -0.51%
Price / MAexp50: -0.83%
Price / MAexp100: -1.20%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15090
Number of analyses :
Followers :
0
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

no pic

Comments

0 comments on the analysis USD/CHF - 1H