USD/CHF

- CHF (-)

- Real time data - Forex

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Change:	-
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Type:	Forex
Ticker:	USDCHF
ISIN:

USD/CHF - Daily - Technical analysis published on 03/11/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Neutral

Underlying: Slightly bullish

Technical indicators

11%

50%

39%

My opinion

Neutral between 0.8696 CHF and 0.8946 CHF

My targets

My analysis

A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.8946 CHF. The first support is located at 0.8696 CHF. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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

Additional analysis

Quotes

The USD/CHF price is 0.8781 CHF. On the day, this instrument gained +0.13% and was traded between 0.8755 CHF and 0.8795 CHF over the period. The price is currently at +0.30% from its lowest and -0.16% from its highest.

0.8755

0.8795

0.8781

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by USD/CHF:

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

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of USD/CHF indicates that the overall trend is slightly bullish. Only 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8481	0.8550	0.8696	0.8781	0.8782	0.8946	0.9099
Change (%)	-3.42%	-2.63%	-0.97%	-	+0.01%	+1.88%	+3.62%
Change	-0.0300	-0.0231	-0.0085	-	+0.0001	+0.0165	+0.0318
Level	Minor	Major	Minor	-	Major	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8684	0.8707	0.8738	0.8761	0.8792	0.8815	0.8846
Camarilla	0.8755	0.8760	0.8765	0.8770	0.8775	0.8780	0.8785
Woodie	0.8689	0.8709	0.8743	0.8763	0.8797	0.8817	0.8851
Fibonacci	0.8707	0.8727	0.8740	0.8761	0.8781	0.8794	0.8815

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8574	0.8651	0.8711	0.8788	0.8848	0.8925	0.8985
Camarilla	0.8732	0.8745	0.8757	0.8770	0.8783	0.8795	0.8808
Woodie	0.8565	0.8647	0.8702	0.8784	0.8839	0.8921	0.8976
Fibonacci	0.8651	0.8704	0.8736	0.8788	0.8841	0.8873	0.8925

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):	50.87
MACD (12,26,9):	0.0022
Directional Movement:	-4.5880
AROON (14):	-35.7142
DEMA (21):	0.8826
Parabolic SAR (0,02-0,02-0,2):	0.8890
Elder Ray (13):	-0.0024
Super Trend (3,10):	0.8702
Zig ZAG (10):	0.8783
VORTEX (21):	1.0220
Stochastique (14,3,5):	25.98
TEMA (21):	0.8819
Williams %R (14):	-67.07
Chande Momentum Oscillator (20):	-0.0018
Repulse (5,40,3):	-0.0091
ROCnROLL:	-1
TRIX (15,9):	0.0615
Courbe Coppock:	0.20

MA7:	0.8810
MA20:	0.8814
MA50:	0.8697
MA100:	0.8755
MAexp7:	0.8797
MAexp20:	0.8789
MAexp50:	0.8751
MAexp100:	0.8768
Price / MA7:	-0.33%
Price / MA20:	-0.37%
Price / MA50:	+0.97%
Price / MA100:	+0.30%
Price / MAexp7:	-0.18%
Price / MAexp20:	-0.09%
Price / MAexp50:	+0.34%
Price / MAexp100:	+0.15%

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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