Londinia Opportunities Analyses - 04/25/2024 (GMT) AUD/CHF - 1H

- CHF (-)
- Real time data - Forex
Type: Forex
Ticker: AUDCHF
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 0.5924 CHF
My targets
0.5985 CHF (+0.0032)
0.6029 CHF (+0.0076)
My analysis
The bullish trend is currently very strong on AUD/CHF. As long as the price remains above the support at 0.5924 CHF, you could try to benefit from the boom. The first bullish objective is located at 0.5985 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.6029 CHF as an objective. Crossing it would then enable buyers to target 0.6195 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
7.7

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.

Additional analysis

Quotes

AUD/CHF rating 0.5953 CHF. The price has increased by +0.19% since the last closing and was between 0.5934 CHF and 0.5967 CHF. This implies that the price is at +0.32% from its lowest and at -0.23% from its highest.

0.5934
0.5967
0.5953

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AUD/CHF indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently positioned bullish. 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 : Weekly


Price is back over the pivot point

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 these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel 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


S3S2S1PriceR1R2R3
ProTrendLines 0.5893 0.5924 0.5953 0.5953 0.5985 0.6195 0.6542
Change (%) -1.01% -0.49% 0% - +0.54% +4.07% +9.89%
Change -0.0060 -0.0029 0 - +0.0032 +0.0242 +0.0589
Level Minor Minor Intermediate - Intermediate Minor 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
Standard0.58770.58950.59180.59360.59590.59770.6000
Camarilla0.59310.59350.59380.59420.59460.59500.5953
Woodie0.58810.58960.59220.59370.59630.59780.6004
Fibonacci0.58950.59100.59200.59360.59510.59610.5977


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.55540.56470.57450.58380.59360.60290.6127
Camarilla0.57900.58070.58250.58420.58600.58770.5895
Woodie0.55560.56480.57470.58390.59380.60300.6129
Fibonacci0.56470.57200.57650.58380.59110.59560.6029


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.55660.56510.57620.58470.59580.60430.6154
Camarilla0.58180.58360.58540.58720.58900.59080.5926
Woodie0.55780.56580.57740.58540.59700.60500.6166
Fibonacci0.56510.57260.57730.58470.59220.59690.6043

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): 55.82
MACD (12,26,9): 0.0002
Directional Movement: 4.6388
AROON (14): -14.2857
DEMA (21): 0.5950
Parabolic SAR (0,02-0,02-0,2): 0.5956
Elder Ray (13): 0.0003
Super Trend (3,10): 0.5968
Zig ZAG (10): 0.5952
VORTEX (21): 1.0301
Stochastique (14,3,5): 46.46
TEMA (21): 0.5947
Williams %R (14): -45.45
Chande Momentum Oscillator (20): -0.0014
Repulse (5,40,3): 0.0928
ROCnROLL: 1
TRIX (15,9): 0.0055
Courbe Coppock: 0.27
MA7: 0.5894
MA20: 0.5910
MA50: 0.5845
MA100: 0.5787
MAexp7: 0.5948
MAexp20: 0.5947
MAexp50: 0.5937
MAexp100: 0.5919
Price / MA7: +1.00%
Price / MA20: +0.73%
Price / MA50: +1.85%
Price / MA100: +2.87%
Price / MAexp7: +0.08%
Price / MAexp20: +0.10%
Price / MAexp50: +0.27%
Price / MAexp100: +0.57%

Quotes : - Real time data - Forex

News


The last news published on AUD/CHF at the time of the generation of this analysis was as follows: