AUD/CHF - 1H - Technical analysis published on 05/02/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.5929 CHF
My targets
0.5985 CHF (+0.0009)
0.6000 CHF (+0.0024)
My analysis
The basic bullish trend is very strong on AUD/CHF but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.5929 CHF. Crossing the first resistance at 0.5985 CHF would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.6000 CHF as an objective. Crossing it would then enable buyers to target 0.6195 CHF. Caution, a return to below 0.5929 CHF would be a sign of a consolidation phase in the short-term basic trend. 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 bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by pitiantuta. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/CHF rating 0.5976 CHF. The price is lower by -0.13% since the last closing with the lowest point at 0.5947 CHF and the highest point at 0.5994 CHF. The deviation from the price is +0.49% for the low point and -0.30% for the high point.0.5947
0.5994
0.5976
A study of price movements over other periods shows the following variations:
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
A technical analysis in 1H of this AUD/CHF chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. 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 bullish signal.
The Central Indicators scanner found this result concerning these indicators:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.5893 | 0.5929 | 0.5972 | 0.5976 | 0.5985 | 0.6000 | 0.6195 |
| Change (%) | -1.39% | -0.79% | -0.07% | - | +0.15% | +0.40% | +3.66% |
| Change | -0.0083 | -0.0047 | -0.0004 | - | +0.0009 | +0.0024 | +0.0219 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5912 | 0.5929 | 0.5957 | 0.5974 | 0.6002 | 0.6019 | 0.6047 |
| Camarilla | 0.5972 | 0.5976 | 0.5980 | 0.5984 | 0.5988 | 0.5992 | 0.5996 |
| Woodie | 0.5917 | 0.5932 | 0.5962 | 0.5977 | 0.6007 | 0.6022 | 0.6052 |
| Fibonacci | 0.5929 | 0.5947 | 0.5957 | 0.5974 | 0.5992 | 0.6002 | 0.6019 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5728 | 0.5780 | 0.5877 | 0.5929 | 0.6026 | 0.6078 | 0.6175 |
| Camarilla | 0.5933 | 0.5947 | 0.5960 | 0.5974 | 0.5988 | 0.6001 | 0.6015 |
| Woodie | 0.5751 | 0.5791 | 0.5900 | 0.5940 | 0.6049 | 0.6089 | 0.6198 |
| Fibonacci | 0.5780 | 0.5837 | 0.5872 | 0.5929 | 0.5986 | 0.6021 | 0.6078 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.5538 | 0.5639 | 0.5797 | 0.5898 | 0.6056 | 0.6157 | 0.6315 |
| Camarilla | 0.5883 | 0.5907 | 0.5930 | 0.5954 | 0.5978 | 0.6002 | 0.6025 |
| Woodie | 0.5566 | 0.5653 | 0.5825 | 0.5912 | 0.6084 | 0.6171 | 0.6343 |
| Fibonacci | 0.5639 | 0.5738 | 0.5799 | 0.5898 | 0.5997 | 0.6058 | 0.6157 |
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): | 53.85 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 3.6789 | |
| AROON (14): | -42.8571 | |
| DEMA (21): | 0.5971 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.5949 | |
| Elder Ray (13): | 0.0007 | |
| Super Trend (3,10): | 0.5986 | |
| Zig ZAG (10): | 0.5975 | |
| VORTEX (21): | 0.9786 | |
| Stochastique (14,3,5): | 64.71 | |
| TEMA (21): | 0.5971 | |
| Williams %R (14): | -35.56 | |
| Chande Momentum Oscillator (20): | 0.0013 | |
| Repulse (5,40,3): | 0.0476 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0016 | |
| Courbe Coppock: | 0.30 |
| MA7: | 0.5965 | |
| MA20: | 0.5927 | |
| MA50: | 0.5866 | |
| MA100: | 0.5798 | |
| MAexp7: | 0.5973 | |
| MAexp20: | 0.5971 | |
| MAexp50: | 0.5969 | |
| MAexp100: | 0.5963 | |
| Price / MA7: | +0.18% | |
| Price / MA20: | +0.83% | |
| Price / MA50: | +1.88% | |
| Price / MA100: | +3.07% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.22% |
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:
-
AUD/CHF Forecast May 2, 2024
-
AUD/CHF Forecast April 17, 2024
-
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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