GBP/CHF - 1H - Technical analysis published on 07/13/2020 (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
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Bearish under 1.1882 CHF
My targets
1.1843 CHF (-0.0020)
1.1773 CHF (-0.0090)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GBP/CHF as long as the price remains well below 1.1882 CHF. The next bearish objective for sellers is set at 1.1843 CHF. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.1773 CHF. In case of crossing, the next objective would be the support located at 1.1729 CHF. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 1.1843 CHF. With this support, against the trend traders who want to buy GBP/CHF on a buy signal from their trading strategy should not hesitate to act.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/CHF rating is 1.1863 CHF. On the day, this instrument lost -0.14% with the lowest point at 1.1856 CHF and the highest point at 1.1904 CHF. The deviation from the price is +0.06% for the low point and -0.34% for the high point.1.1856
1.1904
1.1863
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this GBP/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 Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.1729 | 1.1773 | 1.1843 | 1.1863 | 1.1882 | 1.1900 | 1.1934 |
| Change (%) | -1.13% | -0.76% | -0.17% | - | +0.16% | +0.31% | +0.60% |
| Change | -0.0134 | -0.0090 | -0.0020 | - | +0.0019 | +0.0037 | +0.0071 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1790 | 1.1816 | 1.1848 | 1.1874 | 1.1906 | 1.1932 | 1.1964 |
| Camarilla | 1.1864 | 1.1869 | 1.1875 | 1.1880 | 1.1885 | 1.1891 | 1.1896 |
| Woodie | 1.1793 | 1.1818 | 1.1851 | 1.1876 | 1.1909 | 1.1934 | 1.1967 |
| Fibonacci | 1.1816 | 1.1838 | 1.1852 | 1.1874 | 1.1896 | 1.1910 | 1.1932 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1602 | 1.1665 | 1.1773 | 1.1836 | 1.1944 | 1.2007 | 1.2115 |
| Camarilla | 1.1833 | 1.1849 | 1.1864 | 1.1880 | 1.1896 | 1.1911 | 1.1927 |
| Woodie | 1.1624 | 1.1676 | 1.1795 | 1.1847 | 1.1966 | 1.2018 | 1.2137 |
| Fibonacci | 1.1665 | 1.1731 | 1.1771 | 1.1836 | 1.1902 | 1.1942 | 1.2007 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0861 | 1.1246 | 1.1490 | 1.1875 | 1.2119 | 1.2504 | 1.2748 |
| Camarilla | 1.1561 | 1.1619 | 1.1676 | 1.1734 | 1.1792 | 1.1849 | 1.1907 |
| Woodie | 1.0791 | 1.1211 | 1.1420 | 1.1840 | 1.2049 | 1.2469 | 1.2678 |
| Fibonacci | 1.1246 | 1.1486 | 1.1635 | 1.1875 | 1.2115 | 1.2264 | 1.2504 |
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): | 41.82 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -0.7468 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.1877 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1895 | |
| Elder Ray (13): | -0.0013 | |
| Super Trend (3,10): | 1.1915 | |
| Zig ZAG (10): | 1.1858 | |
| VORTEX (21): | 0.9277 | |
| Stochastique (14,3,5): | 22.48 | |
| TEMA (21): | 1.1870 | |
| Williams %R (14): | -97.87 | |
| Chande Momentum Oscillator (20): | -0.0034 | |
| Repulse (5,40,3): | -0.2015 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0020 | |
| Courbe Coppock: | 0.25 |
| MA7: | 1.1829 | |
| MA20: | 1.1810 | |
| MA50: | 1.1900 | |
| MA100: | 1.1947 | |
| MAexp7: | 1.1872 | |
| MAexp20: | 1.1878 | |
| MAexp50: | 1.1871 | |
| MAexp100: | 1.1852 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +0.45% | |
| Price / MA50: | -0.31% | |
| Price / MA100: | -0.70% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.13% | |
| Price / MAexp50: | -0.07% | |
| Price / MAexp100: | +0.09% |
Quotes :
2020-07-13 16:36:14
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Real time data
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Forex
News
The latest news and videos published on GBP/CHF at the time of the analysis were as follows:
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Weekly Technical Analysis: 23/07/2019 - USDJPY, GBPCHF, NZDUSD
-
GBP/CHF Is a Preferred Setup Because of its Lack of Key Events (Quick Take Video)
This member declared not having a position on this financial instrument or a related financial instrument.
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