AUD/CHF - 1H - Technical analysis published on 11/08/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.5803 CHF
My targets
0.5748 CHF (-0.0029)
0.5730 CHF (-0.0047)
My analysis
The bearish trend is currently very strong for AUD/CHF. As long as the price remains below the resistance at 0.5803 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.5748 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.5730 CHF as an objective. Crossing it would then enable sellers to target 0.5700 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 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
7.9
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This analysis was given by hannahfreeman. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CHF price is 0.5777 CHF. The price registered a decrease of -0.17% on the session and was between 0.5776 CHF and 0.5810 CHF. This implies that the price is at +0.02% from its lowest and at -0.57% from its highest.0.5776
0.5810
0.5777
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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 strong 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
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Black hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5700 | 0.5730 | 0.5772 | 0.5777 | 0.5803 | 0.5826 | 0.5867 |
| Change (%) | -1.33% | -0.81% | -0.09% | - | +0.45% | +0.85% | +1.56% |
| Change | -0.0077 | -0.0047 | -0.0005 | - | +0.0026 | +0.0049 | +0.0090 |
| 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.80 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -10.7678 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 0.5786 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5805 | |
| Elder Ray (13): | -0.0010 | |
| Super Trend (3,10): | 0.5803 | |
| Zig ZAG (10): | 0.5780 | |
| VORTEX (21): | 0.9586 | |
| Stochastique (14,3,5): | 10.62 | |
| TEMA (21): | 0.5787 | |
| Williams %R (14): | -96.97 | |
| Chande Momentum Oscillator (20): | -0.0018 | |
| Repulse (5,40,3): | -0.2031 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0061 | |
| Courbe Coppock: | 0.17 |
| MA7: | 0.5808 | |
| MA20: | 0.5730 | |
| MA50: | 0.5761 | |
| MA100: | 0.5787 | |
| MAexp7: | 0.5786 | |
| MAexp20: | 0.5791 | |
| MAexp50: | 0.5800 | |
| MAexp100: | 0.5802 | |
| Price / MA7: | -0.53% | |
| Price / MA20: | +0.82% | |
| Price / MA50: | +0.28% | |
| Price / MA100: | -0.17% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.40% | |
| Price / MAexp100: | -0.43% |
Quotes :
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Real time data
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Forex
News
The last news published on AUD/CHF at the time of the generation of this analysis was as follows:
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Forex Strategy Video: Why AUD/CHF May Have More Attractive Qualities than GBP/USD
-
AUD/CHF Technical Levels
This member declared not having a position on this financial instrument or a related financial instrument.
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