USD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	USDCHF
ISIN:

USD/CHF - 1H - Technical analysis published on 03/19/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

28%

56%

My opinion

Bullish above 0.8851 CHF

My targets

0.8885 CHF (+0.0010)

0.8946 CHF (+0.0071)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/CHF. As long as you are above the support located at 0.8851 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.8885 CHF would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.8946 CHF as an objective. Crossing it would then enable buyers to target 0.9100 CHF. If the support 0.8851 CHF were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

2.9

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The USD/CHF rating is 0.8875 CHF. The price registered a decrease of -0.01% on the session and was between 0.8870 CHF and 0.8899 CHF. This implies that the price is at +0.06% from its lowest and at -0.27% from its highest.

0.8870

0.8899

0.8875

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by USD/CHF:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of USD/CHF in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8795	0.8820	0.8851	0.8875	0.8885	0.8946	0.9100
Change (%)	-0.90%	-0.62%	-0.27%	-	+0.11%	+0.80%	+2.54%
Change	-0.0080	-0.0055	-0.0024	-	+0.0010	+0.0071	+0.0225
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Minor

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
Standard	0.8772	0.8797	0.8836	0.8861	0.8900	0.8925	0.8964
Camarilla	0.8858	0.8864	0.8870	0.8876	0.8882	0.8888	0.8894
Woodie	0.8780	0.8801	0.8844	0.8865	0.8908	0.8929	0.8972
Fibonacci	0.8797	0.8821	0.8836	0.8861	0.8885	0.8900	0.8925

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8662	0.8704	0.8768	0.8810	0.8874	0.8916	0.8980
Camarilla	0.8802	0.8812	0.8821	0.8831	0.8841	0.8850	0.8860
Woodie	0.8672	0.8710	0.8778	0.8816	0.8884	0.8922	0.8990
Fibonacci	0.8704	0.8745	0.8770	0.8810	0.8851	0.8876	0.8916

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8303	0.8428	0.8636	0.8761	0.8969	0.9094	0.9302
Camarilla	0.8752	0.8783	0.8814	0.8844	0.8875	0.8905	0.8936
Woodie	0.8345	0.8449	0.8678	0.8782	0.9011	0.9115	0.9344
Fibonacci	0.8428	0.8555	0.8634	0.8761	0.8888	0.8967	0.9094

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):	53.13
MACD (12,26,9):	0.0008
Directional Movement:	6.3339
AROON (14):	0
DEMA (21):	0.8889
Parabolic SAR (0,02-0,02-0,2):	0.8898
Elder Ray (13):	-0.0005
Super Trend (3,10):	0.8866
Zig ZAG (10):	0.8880
VORTEX (21):	1.0822
Stochastique (14,3,5):	43.98
TEMA (21):	0.8888
Williams %R (14):	-68.97
Chande Momentum Oscillator (20):	-0.0004
Repulse (5,40,3):	0.0236
ROCnROLL:	-1
TRIX (15,9):	0.0169
Courbe Coppock:	0.12

MA7:	0.8823
MA20:	0.8814
MA50:	0.8736
MA100:	0.8748
MAexp7:	0.8882
MAexp20:	0.8877
MAexp50:	0.8860
MAexp100:	0.8841
Price / MA7:	+0.59%
Price / MA20:	+0.69%
Price / MA50:	+1.59%
Price / MA100:	+1.45%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.02%
Price / MAexp50:	+0.17%
Price / MAexp100:	+0.38%

Quotes : - Real time data - Forex

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:

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

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