GBP/CHF - 1H - Technical analysis published on 09/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 1.1911 CHF
My targets
1.1809 CHF (-0.0079)
1.1699 CHF (-0.0189)
My analysis
The bearish trend is currently very strong for GBP/CHF. As long as the price remains below the resistance at 1.1911 CHF, you could try to take advantage of the bearish rally. The first bearish objective is located at 1.1809 CHF. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.1699 CHF as an objective. Crossing it would then enable sellers to target 1.1233 CHF. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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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
GBP/CHF rating 1.1888 CHF. The price registered a decrease of -0.13% on the session and was traded between 1.1867 CHF and 1.1915 CHF over the period. The price is currently at +0.18% from its lowest and -0.23% from its highest.1.1867
1.1915
1.1888
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of GBP/CHF indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 1.1233 | 1.1699 | 1.1882 | 1.1888 | 1.2017 | 1.2081 | 1.2135 |
| Change (%) | -5.51% | -1.59% | -0.05% | - | +1.09% | +1.62% | +2.08% |
| Change | -0.0655 | -0.0189 | -0.0006 | - | +0.0129 | +0.0193 | +0.0247 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1660 | 1.1777 | 1.1840 | 1.1957 | 1.2020 | 1.2137 | 1.2200 |
| Camarilla | 1.1855 | 1.1871 | 1.1888 | 1.1904 | 1.1921 | 1.1937 | 1.1954 |
| Woodie | 1.1634 | 1.1764 | 1.1814 | 1.1944 | 1.1994 | 1.2124 | 1.2174 |
| Fibonacci | 1.1777 | 1.1845 | 1.1888 | 1.1957 | 1.2025 | 1.2068 | 1.2137 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1809 | 1.1911 | 1.2020 | 1.2122 | 1.2231 | 1.2333 | 1.2442 |
| Camarilla | 1.2072 | 1.2091 | 1.2111 | 1.2130 | 1.2149 | 1.2169 | 1.2188 |
| Woodie | 1.1814 | 1.1913 | 1.2025 | 1.2124 | 1.2236 | 1.2335 | 1.2447 |
| Fibonacci | 1.1911 | 1.1991 | 1.2041 | 1.2122 | 1.2202 | 1.2252 | 1.2333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.1694 | 1.1776 | 1.1928 | 1.2010 | 1.2162 | 1.2244 | 1.2396 |
| Camarilla | 1.2017 | 1.2038 | 1.2060 | 1.2081 | 1.2103 | 1.2124 | 1.2145 |
| Woodie | 1.1730 | 1.1794 | 1.1964 | 1.2028 | 1.2198 | 1.2262 | 1.2432 |
| Fibonacci | 1.1776 | 1.1865 | 1.1920 | 1.2010 | 1.2099 | 1.2154 | 1.2244 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 20.23 | |
| MACD (12,26,9): | -0.0034 | |
| Directional Movement: | -23.6261 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 1.1878 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1915 | |
| Elder Ray (13): | -0.0026 | |
| Super Trend (3,10): | 1.1938 | |
| Zig ZAG (10): | 1.1889 | |
| VORTEX (21): | 0.7531 | |
| Stochastique (14,3,5): | 21.03 | |
| TEMA (21): | 1.1874 | |
| Williams %R (14): | -67.16 | |
| Chande Momentum Oscillator (20): | -0.0031 | |
| Repulse (5,40,3): | -0.0608 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0437 | |
| Courbe Coppock: | 0.83 |
| MA7: | 1.2058 | |
| MA20: | 1.1998 | |
| MA50: | 1.1921 | |
| MA100: | 1.1931 | |
| MAexp7: | 1.1896 | |
| MAexp20: | 1.1923 | |
| MAexp50: | 1.1980 | |
| MAexp100: | 1.2024 | |
| Price / MA7: | -1.41% | |
| Price / MA20: | -0.92% | |
| Price / MA50: | -0.28% | |
| Price / MA100: | -0.36% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.29% | |
| Price / MAexp50: | -0.77% | |
| Price / MAexp100: | -1.13% |
Quotes :
2020-09-09 07:45:10
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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:
-
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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