AUD/CHF
AUD CHF
- CHF (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDCHF
ISIN:

AUD/CHF - Daily - Technical analysis published on 04/10/2024 (GMT)

  • 110
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.5893 CHF
My targets
0.6043 CHF (+0.0058)
0.6195 CHF (+0.0210)
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 0.6043 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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 pitiantuta. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The AUD/CHF rating is 0.5985 CHF. On the day, this instrument gained +0.00% and was traded between 0.5981 CHF and 0.5990 CHF over the period. The price is currently at +0.07% from its lowest and -0.08% from its highest.

0.5981
0.5990
0.5985

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

Central Gaps

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:
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 AUD/CHF in Daily shows a strongly overall bullish trend. 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:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.5820 0.5871 0.5893 0.5985 0.6195 0.6542 0.6709
Change (%) -2.76% -1.90% -1.54% - +3.51% +9.31% +12.10%
Change -0.0165 -0.0114 -0.0092 - +0.0210 +0.0557 +0.0724
Level Minor Major Minor - Minor 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
Standard0.59400.59540.59690.59830.59980.60120.6027
Camarilla0.59770.59800.59820.59850.59880.59900.5993
Woodie0.59420.59540.59710.59830.60000.60120.6029
Fibonacci0.59540.59650.59720.59830.59940.60010.6012


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.57220.57880.58600.59260.59980.60640.6136
Camarilla0.58940.59070.59190.59320.59450.59570.5970
Woodie0.57250.57900.58630.59280.60010.60660.6139
Fibonacci0.57880.58410.58730.59260.59790.60110.6064


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 70.35
MACD (12,26,9): 0.0049
Directional Movement: 23.6824
AROON (14): 92.8571
DEMA (21): 0.5960
Parabolic SAR (0,02-0,02-0,2): 0.5879
Elder Ray (13): 0.0061
Super Trend (3,10): 0.5865
Zig ZAG (10): 0.5986
VORTEX (21): 1.2096
Stochastique (14,3,5): 93.27
TEMA (21): 0.5981
Williams %R (14): -6.29
Chande Momentum Oscillator (20): 0.0105
Repulse (5,40,3): 0.6023
ROCnROLL: 1
TRIX (15,9): 0.1042
Courbe Coppock: 3.64
MA7: 0.5952
MA20: 0.5889
MA50: 0.5802
MA100: 0.5776
MAexp7: 0.5954
MAexp20: 0.5899
MAexp50: 0.5833
MAexp100: 0.5803
Price / MA7: +0.55%
Price / MA20: +1.63%
Price / MA50: +3.15%
Price / MA100: +3.62%
Price / MAexp7: +0.52%
Price / MAexp20: +1.46%
Price / MAexp50: +2.61%
Price / MAexp100: +3.14%

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:

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

About author

Online

Overall rating :
15394
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis AUD/CHF - Daily