Londinia Opportunities Analyses - 06/27/2022 (GMT) GBP/CHF - 1H

- CHF (-)
- Real time data - Forex
Type: Forex
Ticker: GBPCHF
ISIN:

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

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 1.1764 CHF
My targets
1.1679 CHF (-0.0056)
1.1513 CHF (-0.0222)
My analysis
GBP/CHF is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.1764 CHF. The next support located at 1.1679 CHF is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1.1513 CHF. Below this support, sellers could then target 1.1233 CHF. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The GBP/CHF rating is 1.1735 CHF. The price is lower by -0.26% since the last closing with the lowest point at 1.1728 CHF and the highest point at 1.1804 CHF. The deviation from the price is +0.06% for the low point and -0.58% for the high point.

1.1728
1.1804
1.1735

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

Central Gaps

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 Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 1H chart of GBP/CHF indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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 no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.1233 1.1679 1.1731 1.1735 1.1764 1.1806 1.1898
Change (%) -4.28% -0.48% -0.03% - +0.25% +0.61% +1.39%
Change -0.0502 -0.0056 -0.0004 - +0.0029 +0.0071 +0.0163
Level Minor Major Major - Minor Major 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
Standard1.16351.16781.17211.17641.18071.18501.1893
Camarilla1.17411.17491.17571.17651.17731.17811.1789
Woodie1.16361.16781.17221.17641.18081.18501.1894
Fibonacci1.16781.17111.17311.17641.17971.18171.1850


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.15131.16161.16911.17941.18691.19721.2047
Camarilla1.17161.17321.17491.17651.17811.17981.1814
Woodie1.14981.16091.16761.17871.18541.19651.2032
Fibonacci1.16161.16841.17261.17941.18621.19041.1972


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.14511.17181.19091.21761.23671.26341.2825
Camarilla1.19731.20151.20571.20991.21411.21831.2225
Woodie1.14121.16991.18701.21571.23281.26151.2786
Fibonacci1.17181.18931.20011.21761.23511.24591.2634

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): 36.75
MACD (12,26,9): -0.0004
Directional Movement: -8.5030
AROON (14): -57.1429
DEMA (21): 1.1754
Parabolic SAR (0,02-0,02-0,2): 1.1795
Elder Ray (13): -0.0020
Super Trend (3,10): 1.1801
Zig ZAG (10): 1.1732
VORTEX (21): 0.9233
Stochastique (14,3,5): 7.44
TEMA (21): 1.1753
Williams %R (14): -95.95
Chande Momentum Oscillator (20): -0.0029
Repulse (5,40,3): -0.2237
ROCnROLL: 2
TRIX (15,9): -0.0010
Courbe Coppock: 0.02
MA7: 1.1802
MA20: 1.2003
MA50: 1.2131
MA100: 1.2218
MAexp7: 1.1752
MAexp20: 1.1759
MAexp50: 1.1768
MAexp100: 1.1793
Price / MA7: -0.57%
Price / MA20: -2.23%
Price / MA50: -3.26%
Price / MA100: -3.95%
Price / MAexp7: -0.14%
Price / MAexp20: -0.20%
Price / MAexp50: -0.28%
Price / MAexp100: -0.49%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on GBP/CHF. At the time of publication of this analysis, the latest news was as follows: