USD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	USDCHF
ISIN:

USD/CHF - 1H - Technical analysis published on 03/04/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

17%

78%

My opinion

Bearish under 0.8839 CHF

My targets

0.8797 CHF (-0.0019)

0.8782 CHF (-0.0034)

My analysis

The current short-term bearish acceleration registered on USD/CHF should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 0.8839 CHF. Short-term sellers will use the support located at 0.8797 CHF as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 0.8782 CHF. Crossing this support would then open the door for sellers to target 0.8743 CHF. Caution, if there is a return to below 0.8839 CHF, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

3.8

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/CHF rating 0.8816 CHF. The price is lower by -0.23% since the last closing and was between 0.8806 CHF and 0.8844 CHF. This implies that the price is at +0.11% from its lowest and at -0.32% from its highest.

0.8806

0.8844

0.8816

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of USD/CHF in 1H shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

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

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8743	0.8782	0.8797	0.8816	0.8822	0.8839	0.8871
Change (%)	-0.83%	-0.39%	-0.22%	-	+0.07%	+0.26%	+0.62%
Change	-0.0073	-0.0034	-0.0019	-	+0.0006	+0.0023	+0.0055
Level	Minor	Major	Minor	-	Intermediate	Intermediate	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	0.8748	0.8789	0.8812	0.8853	0.8876	0.8917	0.8940
Camarilla	0.8818	0.8824	0.8830	0.8836	0.8842	0.8848	0.8854
Woodie	0.8740	0.8785	0.8804	0.8849	0.8868	0.8913	0.8932
Fibonacci	0.8789	0.8813	0.8828	0.8853	0.8877	0.8892	0.8917

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8665	0.8722	0.8779	0.8836	0.8893	0.8950	0.9007
Camarilla	0.8805	0.8815	0.8826	0.8836	0.8847	0.8857	0.8867
Woodie	0.8665	0.8722	0.8779	0.8836	0.8893	0.8950	0.9007
Fibonacci	0.8722	0.8766	0.8793	0.8836	0.8880	0.8907	0.8950

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8303	0.8428	0.8636	0.8761	0.8969	0.9094	0.9302
Camarilla	0.8752	0.8783	0.8814	0.8844	0.8875	0.8905	0.8936
Woodie	0.8345	0.8449	0.8678	0.8782	0.9011	0.9115	0.9344
Fibonacci	0.8428	0.8555	0.8634	0.8761	0.8888	0.8967	0.9094

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):	36.70
MACD (12,26,9):	-0.0006
Directional Movement:	-10.6469
AROON (14):	-71.4285
DEMA (21):	0.8826
Parabolic SAR (0,02-0,02-0,2):	0.8834
Elder Ray (13):	-0.0016
Super Trend (3,10):	0.8847
Zig ZAG (10):	0.8813
VORTEX (21):	0.8638
Stochastique (14,3,5):	15.35
TEMA (21):	0.8817
Williams %R (14):	-84.21
Chande Momentum Oscillator (20):	-0.0025
Repulse (5,40,3):	-0.2329
ROCnROLL:	2
TRIX (15,9):	-0.0044
Courbe Coppock:	0.48

MA7:	0.8812
MA20:	0.8797
MA50:	0.8663
MA100:	0.8764
MAexp7:	0.8822
MAexp20:	0.8831
MAexp50:	0.8830
MAexp100:	0.8822
Price / MA7:	+0.05%
Price / MA20:	+0.22%
Price / MA50:	+1.77%
Price / MA100:	+0.59%
Price / MAexp7:	-0.07%
Price / MAexp20:	-0.17%
Price / MAexp50:	-0.16%
Price / MAexp100:	-0.07%

Quotes : - Real time data - 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:

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

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