USD/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDCHF
ISIN:

USD/CHF - 1H - Technical analysis published on 11/14/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

44%

39%

My opinion

Bullish above 0.8836 CHF

My targets

0.8976 CHF (+0.0105)

0.9009 CHF (+0.0138)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/CHF. As long as you are above the support located at 0.8836 CHF, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.8976 CHF would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.9009 CHF as an objective. Crossing it would then enable buyers to target 0.9210 CHF. If the support 0.8836 CHF were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

2.3

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

Additional analysis

Quotes

The USD/CHF rating is 0.8871 CHF. The price registered an increase of +0.16% on the session and was between 0.8855 CHF and 0.8910 CHF. This implies that the price is at +0.18% from its lowest and at -0.44% from its highest.

0.8855

0.8910

0.8871

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this USD/CHF chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.8774	0.8836	0.8864	0.8871	0.9009	0.9210	0.9418
Change (%)	-1.09%	-0.39%	-0.08%	-	+1.56%	+3.82%	+6.17%
Change	-0.0097	-0.0035	-0.0007	-	+0.0138	+0.0339	+0.0547
Level	Major	Major	Intermediate	-	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
Standard	0.8749	0.8774	0.8815	0.8840	0.8881	0.8906	0.8947
Camarilla	0.8839	0.8845	0.8851	0.8857	0.8863	0.8869	0.8875
Woodie	0.8758	0.8778	0.8824	0.8844	0.8890	0.8910	0.8956
Fibonacci	0.8774	0.8799	0.8815	0.8840	0.8865	0.8881	0.8906

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8496	0.8556	0.8656	0.8716	0.8816	0.8876	0.8976
Camarilla	0.8713	0.8728	0.8742	0.8757	0.8772	0.8786	0.8801
Woodie	0.8517	0.8566	0.8677	0.8726	0.8837	0.8886	0.8997
Fibonacci	0.8556	0.8617	0.8655	0.8716	0.8777	0.8815	0.8876

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.8209	0.8320	0.8478	0.8589	0.8747	0.8858	0.9016
Camarilla	0.8562	0.8587	0.8611	0.8636	0.8661	0.8685	0.8710
Woodie	0.8233	0.8332	0.8502	0.8601	0.8771	0.8870	0.9040
Fibonacci	0.8320	0.8423	0.8486	0.8589	0.8692	0.8755	0.8858

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):	50.81
MACD (12,26,9):	0.0011
Directional Movement:	7.1170
AROON (14):	64.2857
DEMA (21):	0.8890
Parabolic SAR (0,02-0,02-0,2):	0.8905
Elder Ray (13):	-0.0008
Super Trend (3,10):	0.8865
Zig ZAG (10):	0.8871
VORTEX (21):	1.0564
Stochastique (14,3,5):	26.99
TEMA (21):	0.8890
Williams %R (14):	-86.67
Chande Momentum Oscillator (20):	-0.0002
Repulse (5,40,3):	-0.1594
ROCnROLL:	-1
TRIX (15,9):	0.0217
Courbe Coppock:	0.46

MA7:	0.8799
MA20:	0.8706
MA50:	0.8592
MA100:	0.8663
MAexp7:	0.8881
MAexp20:	0.8874
MAexp50:	0.8852
MAexp100:	0.8822
Price / MA7:	+0.82%
Price / MA20:	+1.90%
Price / MA50:	+3.25%
Price / MA100:	+2.40%
Price / MAexp7:	-0.11%
Price / MAexp20:	-0.03%
Price / MAexp50:	+0.21%
Price / MAexp100:	+0.56%

Quotes : - Real time data - Forex

News

The latest news and videos published on USD/CHF at the time of the analysis were as follows:

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

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