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

USD/CHF - 1H - Technical analysis published on 04/02/2020 (GMT)

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  • Timeframe : 1H
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  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.9691 CHF
My targets
0.9790 CHF (+0.0086)
0.9840 CHF (+0.0136)
My analysis
The bullish trend is currently very strong on USD/CHF. As long as the price remains above the support at 0.9691 CHF, you could try to benefit from the boom. The first bullish objective is located at 0.9790 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.9840 CHF as an objective. Crossing it would then enable buyers to target 0.9916 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6

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:
15 min. Daily Weekly

Additional analysis

Quotes

USD/CHF rating 0.9704 CHF. The price registered an increase of +0.40% on the session and was traded between 0.9658 CHF and 0.9718 CHF over the period. The price is currently at +0.48% from its lowest and -0.14% from its highest.

0.9658
0.9718
0.9704

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



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on USD/CHF were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 20 days

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. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

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


S3S2S1PriceR1R2R3
ProTrendLines 0.9603 0.9636 0.9691 0.9704 0.9790 0.9840 0.9916
Change (%) -1.04% -0.70% -0.13% - +0.89% +1.40% +2.18%
Change -0.0101 -0.0068 -0.0013 - +0.0086 +0.0136 +0.0212
Level Major Intermediate Major - Minor Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.95270.95650.96150.96530.97030.97410.9791
Camarilla0.96410.96490.96570.96650.96730.96810.9689
Woodie0.95330.95680.96210.96560.97090.97440.9797
Fibonacci0.95650.95990.96190.96530.96870.97070.9741


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.87780.89250.91190.92660.94600.96070.9801
Camarilla0.92190.92510.92820.93130.93440.93760.9407
Woodie0.88020.89370.91430.92780.94840.96190.9825
Fibonacci0.89250.90550.91360.92660.93960.94770.9607


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.85110.88470.92310.95670.99511.02871.0671
Camarilla0.94180.94840.95500.96160.96820.97480.9814
Woodie0.85360.88590.92560.95790.99761.02991.0696
Fibonacci0.88470.91220.92920.95670.98421.00121.0287

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): 70.48
MACD (12,26,9): 0.0009
Directional Movement: 19.4184
AROON (14): 14.2857
DEMA (21): 0.9686
Parabolic SAR (0,02-0,02-0,2): 0.9658
Elder Ray (13): 0.0027
Super Trend (3,10): 0.9653
Zig ZAG (10): 0.9710
VORTEX (21): 1.0727
Stochastique (14,3,5): 71.97
TEMA (21): 0.9686
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 0.0032
Repulse (5,40,3): 0.3706
ROCnROLL: 1
TRIX (15,9): 0.0115
Courbe Coppock: 0.26
MA7: 0.9639
MA20: 0.9598
MA50: 0.9673
MA100: 0.9739
MAexp7: 0.9683
MAexp20: 0.9674
MAexp50: 0.9656
MAexp100: 0.9650
Price / MA7: +0.67%
Price / MA20: +1.10%
Price / MA50: +0.32%
Price / MA100: -0.36%
Price / MAexp7: +0.23%
Price / MAexp20: +0.32%
Price / MAexp50: +0.51%
Price / MAexp100: +0.57%

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

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