USD/CHF - 1H - Technical analysis published on 03/17/2022 (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:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.9432 CHF
My targets
0.9353 CHF (-0.0043)
0.9308 CHF (-0.0088)
My analysis
The strong short-term decline in USD/CHF calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.9432 CHF, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.9353 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.9308 CHF as an objective. Crossing it would then enable sellers to target 0.9258 CHF. Be careful, a return to above 0.9432 CHF could jeopardize the reversal.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
1.6
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This analysis was given by dbranez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/CHF price is 0.9396 CHF. The price is lower by -0.21% since the last closing and was between 0.9392 CHF and 0.9418 CHF. This implies that the price is at +0.04% from its lowest and at -0.23% from its highest.0.9392
0.9418
0.9396
A study of price movements over other periods shows the following variations:
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 USD/CHF chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.9308 | 0.9353 | 0.9390 | 0.9396 | 0.9432 | 0.9460 | 0.9734 |
| Change (%) | -0.94% | -0.46% | -0.06% | - | +0.38% | +0.68% | +3.60% |
| Change | -0.0088 | -0.0043 | -0.0006 | - | +0.0036 | +0.0064 | +0.0338 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9314 | 0.9352 | 0.9384 | 0.9422 | 0.9454 | 0.9492 | 0.9524 |
| Camarilla | 0.9397 | 0.9403 | 0.9410 | 0.9416 | 0.9422 | 0.9429 | 0.9435 |
| Woodie | 0.9311 | 0.9351 | 0.9381 | 0.9421 | 0.9451 | 0.9491 | 0.9521 |
| Fibonacci | 0.9352 | 0.9379 | 0.9395 | 0.9422 | 0.9449 | 0.9465 | 0.9492 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.9041 | 0.9104 | 0.9225 | 0.9288 | 0.9409 | 0.9472 | 0.9593 |
| Camarilla | 0.9295 | 0.9312 | 0.9329 | 0.9346 | 0.9363 | 0.9380 | 0.9397 |
| Woodie | 0.9070 | 0.9119 | 0.9254 | 0.9303 | 0.9438 | 0.9487 | 0.9622 |
| Fibonacci | 0.9104 | 0.9174 | 0.9218 | 0.9288 | 0.9358 | 0.9402 | 0.9472 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.8971 | 0.9061 | 0.9118 | 0.9208 | 0.9265 | 0.9355 | 0.9412 |
| Camarilla | 0.9136 | 0.9149 | 0.9163 | 0.9176 | 0.9190 | 0.9203 | 0.9216 |
| Woodie | 0.8956 | 0.9053 | 0.9103 | 0.9200 | 0.9250 | 0.9347 | 0.9397 |
| Fibonacci | 0.9061 | 0.9117 | 0.9152 | 0.9208 | 0.9264 | 0.9299 | 0.9355 |
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): | 46.26 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 7.2509 | |
| AROON (14): | -85.7142 | |
| DEMA (21): | 0.9403 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.9427 | |
| Elder Ray (13): | -0.0005 | |
| Super Trend (3,10): | 0.9387 | |
| Zig ZAG (10): | 0.9397 | |
| VORTEX (21): | 1.0179 | |
| Stochastique (14,3,5): | 12.04 | |
| TEMA (21): | 0.9399 | |
| Williams %R (14): | -84.62 | |
| Chande Momentum Oscillator (20): | -0.0019 | |
| Repulse (5,40,3): | -0.0907 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0008 | |
| Courbe Coppock: | 0.23 |
| MA7: | 0.9359 | |
| MA20: | 0.9263 | |
| MA50: | 0.9232 | |
| MA100: | 0.9220 | |
| MAexp7: | 0.9400 | |
| MAexp20: | 0.9404 | |
| MAexp50: | 0.9399 | |
| MAexp100: | 0.9377 | |
| Price / MA7: | +0.40% | |
| Price / MA20: | +1.44% | |
| Price / MA50: | +1.78% | |
| Price / MA100: | +1.91% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.20% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on USD/CHF. At the time of publication of this analysis, the latest news was as follows:
-
USD/CHF and USD/JPY Forecast January 3, 2022
-
USD/CHF Forecast December 28, 2021
-
USD/CHF Technical Analysis For March 20, 2020 By FX Empire
-
USD/CHF Technical Analysis For March 19, 2020 by FX Empire
-
USD/CHF Technical Analysis For March 18, 2020 by FX Empire
This member declared not having a position on this financial instrument or a related financial instrument.
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