AUD/CHF - 1H - Technical analysis published on 03/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.5893 CHF
My targets
0.5997 CHF (+0.0097)
0.6195 CHF (+0.0295)
My analysis
AUD/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.5893 CHF. The next resistance located at 0.5997 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.6195 CHF. After this resistance, buyers could then target 0.6542 CHF. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
8.6
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This analysis was given by Bader almutairi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/CHF rating is 0.5900 CHF. The price has increased by +0.94% since the last closing and was between 0.5835 CHF and 0.5933 CHF. This implies that the price is at +1.11% from its lowest and at -0.56% from its highest.0.5835
0.5933
0.5900
A study of price movements over other periods shows the following variations:
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 this 1H chart of AUD/CHF indicates that the overall trend is strongly bullish. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5823 | 0.5829 | 0.5893 | 0.5900 | 0.6002 | 0.6195 | 0.6542 |
| Change (%) | -1.31% | -1.20% | -0.12% | - | +1.73% | +5.00% | +10.88% |
| Change | -0.0077 | -0.0071 | -0.0007 | - | +0.0102 | +0.0295 | +0.0642 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Major |
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 | 0.5760 | 0.5777 | 0.5811 | 0.5828 | 0.5862 | 0.5879 | 0.5913 |
| Camarilla | 0.5831 | 0.5836 | 0.5840 | 0.5845 | 0.5850 | 0.5854 | 0.5859 |
| Woodie | 0.5769 | 0.5781 | 0.5820 | 0.5832 | 0.5871 | 0.5883 | 0.5922 |
| Fibonacci | 0.5777 | 0.5797 | 0.5809 | 0.5828 | 0.5848 | 0.5860 | 0.5879 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5730 | 0.5758 | 0.5773 | 0.5801 | 0.5816 | 0.5844 | 0.5859 |
| Camarilla | 0.5776 | 0.5780 | 0.5784 | 0.5788 | 0.5792 | 0.5796 | 0.5800 |
| Woodie | 0.5724 | 0.5755 | 0.5767 | 0.5798 | 0.5810 | 0.5841 | 0.5853 |
| Fibonacci | 0.5758 | 0.5774 | 0.5785 | 0.5801 | 0.5817 | 0.5828 | 0.5844 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5472 | 0.5545 | 0.5647 | 0.5720 | 0.5822 | 0.5895 | 0.5997 |
| Camarilla | 0.5701 | 0.5717 | 0.5733 | 0.5749 | 0.5765 | 0.5781 | 0.5797 |
| Woodie | 0.5487 | 0.5552 | 0.5662 | 0.5727 | 0.5837 | 0.5902 | 0.6012 |
| Fibonacci | 0.5545 | 0.5612 | 0.5653 | 0.5720 | 0.5787 | 0.5828 | 0.5895 |
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): | 76.30 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 38.1813 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 0.5891 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5877 | |
| Elder Ray (13): | 0.0022 | |
| Super Trend (3,10): | 0.5862 | |
| Zig ZAG (10): | 0.5899 | |
| VORTEX (21): | 1.3134 | |
| Stochastique (14,3,5): | 71.23 | |
| TEMA (21): | 0.5904 | |
| Williams %R (14): | -35.35 | |
| Chande Momentum Oscillator (20): | 0.0053 | |
| Repulse (5,40,3): | 0.0760 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0440 | |
| Courbe Coppock: | 1.88 |
| MA7: | 0.5827 | |
| MA20: | 0.5791 | |
| MA50: | 0.5740 | |
| MA100: | 0.5758 | |
| MAexp7: | 0.5890 | |
| MAexp20: | 0.5864 | |
| MAexp50: | 0.5838 | |
| MAexp100: | 0.5824 | |
| Price / MA7: | +1.25% | |
| Price / MA20: | +1.88% | |
| Price / MA50: | +2.79% | |
| Price / MA100: | +2.47% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.61% | |
| Price / MAexp50: | +1.06% | |
| Price / MAexp100: | +1.30% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on AUD/CHF at the time of the analysis were as follows:
-
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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