AUD/CHF - 1H - Technical analysis published on 11/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.5803 CHF
My targets
0.5772 CHF (-0.0015)
0.5730 CHF (-0.0057)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUD/CHF as long as the price remains well below 0.5803 CHF. The next bearish objective for sellers is set at 0.5772 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.5730 CHF. If there is any crossing, the next objective would be the support located at 0.5700 CHF. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
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
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CHF rating 0.5787 CHF. The price registered an increase of +0.00% on the session and was between 0.5779 CHF and 0.5810 CHF. This implies that the price is at +0.14% from its lowest and at -0.40% from its highest.0.5779
0.5810
0.5787
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/CHF:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/CHF chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
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 this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5700 | 0.5730 | 0.5772 | 0.5787 | 0.5803 | 0.5826 | 0.5867 |
| Change (%) | -1.50% | -0.98% | -0.26% | - | +0.28% | +0.67% | +1.38% |
| Change | -0.0087 | -0.0057 | -0.0015 | - | +0.0016 | +0.0039 | +0.0080 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5681 | 0.5726 | 0.5757 | 0.5802 | 0.5833 | 0.5878 | 0.5909 |
| Camarilla | 0.5766 | 0.5773 | 0.5780 | 0.5787 | 0.5794 | 0.5801 | 0.5808 |
| Woodie | 0.5673 | 0.5723 | 0.5749 | 0.5799 | 0.5825 | 0.5875 | 0.5901 |
| Fibonacci | 0.5726 | 0.5755 | 0.5773 | 0.5802 | 0.5831 | 0.5849 | 0.5878 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5589 | 0.5644 | 0.5748 | 0.5803 | 0.5907 | 0.5962 | 0.6066 |
| Camarilla | 0.5807 | 0.5822 | 0.5836 | 0.5851 | 0.5866 | 0.5880 | 0.5895 |
| Woodie | 0.5613 | 0.5656 | 0.5772 | 0.5815 | 0.5931 | 0.5974 | 0.6090 |
| Fibonacci | 0.5644 | 0.5705 | 0.5743 | 0.5803 | 0.5864 | 0.5902 | 0.5962 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5332 | 0.5472 | 0.5620 | 0.5760 | 0.5908 | 0.6048 | 0.6196 |
| Camarilla | 0.5688 | 0.5714 | 0.5741 | 0.5767 | 0.5793 | 0.5820 | 0.5846 |
| Woodie | 0.5335 | 0.5474 | 0.5623 | 0.5762 | 0.5911 | 0.6050 | 0.6199 |
| Fibonacci | 0.5472 | 0.5582 | 0.5650 | 0.5760 | 0.5870 | 0.5938 | 0.6048 |
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): | 40.03 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -10.8790 | |
| AROON (14): | -35.7143 | |
| DEMA (21): | 0.5790 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5808 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 0.5808 | |
| Zig ZAG (10): | 0.5785 | |
| VORTEX (21): | 0.9940 | |
| Stochastique (14,3,5): | 20.90 | |
| TEMA (21): | 0.5793 | |
| Williams %R (14): | -80.65 | |
| Chande Momentum Oscillator (20): | -0.0009 | |
| Repulse (5,40,3): | -0.1368 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0053 | |
| Courbe Coppock: | 0.05 |
| MA7: | 0.5809 | |
| MA20: | 0.5730 | |
| MA50: | 0.5761 | |
| MA100: | 0.5787 | |
| MAexp7: | 0.5791 | |
| MAexp20: | 0.5794 | |
| MAexp50: | 0.5802 | |
| MAexp100: | 0.5803 | |
| Price / MA7: | -0.38% | |
| Price / MA20: | +0.99% | |
| Price / MA50: | +0.45% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.26% | |
| Price / MAexp100: | -0.28% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on AUD/CHF. At the time of publication of this analysis, the latest news was as follows:
-
Forex Strategy Video: Why AUD/CHF May Have More Attractive Qualities than GBP/USD
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AUD/CHF Technical Levels
This member declared not having a position on this financial instrument or a related financial instrument.
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