USD/CHF - 1H - Technical analysis published on 03/13/2020 (GMT)
- Who voted?
- 209
- 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!
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 bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.9441 CHF
My targets
0.9554 CHF (+0.0040)
0.9596 CHF (+0.0082)
My analysis
The bullish trend is currently very strong on USD/CHF. As long as the price remains above the support at 0.9441 CHF, you could try to benefit from the boom. The first bullish objective is located at 0.9554 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9596 CHF as an objective. Crossing it would then enable buyers to target 0.9691 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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 rating is 0.9514 CHF. On the day, this instrument gained +0.74% and was traded between 0.9423 CHF and 0.9556 CHF over the period. The price is currently at +0.97% from its lowest and -0.44% from its highest.0.9423
0.9556
0.9514
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 1H of this USD/CHF chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
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
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance 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 | 0.9223 | 0.9323 | 0.9441 | 0.9514 | 0.9554 | 0.9596 | 0.9691 |
| Change (%) | -3.06% | -2.01% | -0.77% | - | +0.42% | +0.86% | +1.86% |
| Change | -0.0291 | -0.0191 | -0.0073 | - | +0.0040 | +0.0082 | +0.0177 |
| Level | Major | Major | Major | - | Intermediate | Intermediate | 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 | 0.9095 | 0.9209 | 0.9326 | 0.9440 | 0.9557 | 0.9671 | 0.9788 |
| Camarilla | 0.9381 | 0.9402 | 0.9423 | 0.9444 | 0.9465 | 0.9486 | 0.9508 |
| Woodie | 0.9098 | 0.9210 | 0.9329 | 0.9441 | 0.9560 | 0.9672 | 0.9791 |
| Fibonacci | 0.9209 | 0.9297 | 0.9351 | 0.9440 | 0.9528 | 0.9582 | 0.9671 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8903 | 0.9110 | 0.9240 | 0.9447 | 0.9577 | 0.9784 | 0.9914 |
| Camarilla | 0.9276 | 0.9307 | 0.9338 | 0.9369 | 0.9400 | 0.9431 | 0.9462 |
| Woodie | 0.8864 | 0.9091 | 0.9201 | 0.9428 | 0.9538 | 0.9765 | 0.9875 |
| Fibonacci | 0.9110 | 0.9239 | 0.9319 | 0.9447 | 0.9576 | 0.9656 | 0.9784 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9319 | 0.9464 | 0.9558 | 0.9703 | 0.9797 | 0.9942 | 1.0036 |
| Camarilla | 0.9585 | 0.9607 | 0.9629 | 0.9651 | 0.9673 | 0.9695 | 0.9717 |
| Woodie | 0.9293 | 0.9451 | 0.9532 | 0.9690 | 0.9771 | 0.9929 | 1.0010 |
| Fibonacci | 0.9464 | 0.9556 | 0.9612 | 0.9703 | 0.9795 | 0.9851 | 0.9942 |
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): | 62.86 | |
| MACD (12,26,9): | 0.0025 | |
| Directional Movement: | 17.1217 | |
| AROON (14): | 42.8572 | |
| DEMA (21): | 0.9499 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9435 | |
| Elder Ray (13): | 0.0032 | |
| Super Trend (3,10): | 0.9418 | |
| Zig ZAG (10): | 0.9513 | |
| VORTEX (21): | 1.1207 | |
| Stochastique (14,3,5): | 66.17 | |
| TEMA (21): | 0.9506 | |
| Williams %R (14): | -33.08 | |
| Chande Momentum Oscillator (20): | 0.0076 | |
| Repulse (5,40,3): | 0.1413 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0288 | |
| Courbe Coppock: | 0.99 |
| MA7: | 0.9405 | |
| MA20: | 0.9615 | |
| MA50: | 0.9674 | |
| MA100: | 0.9771 | |
| MAexp7: | 0.9499 | |
| MAexp20: | 0.9468 | |
| MAexp50: | 0.9431 | |
| MAexp100: | 0.9412 | |
| Price / MA7: | +1.16% | |
| Price / MA20: | -1.05% | |
| Price / MA50: | -1.65% | |
| Price / MA100: | -2.63% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.49% | |
| Price / MAexp50: | +0.88% | |
| Price / MAexp100: | +1.08% |
News
The last news published on USD/CHF at the time of the generation of this analysis was as follows:
-
USDCHF Technical Analysis for February 19, 2020 by FXEmpire
-
USDCHF Technical Analysis for February 18, 2020 by FXEmpire
-
USDCHF Technical Analysis for February 14, 2020 by FXEmpire
-
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)
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