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GBPCHF

GBPCHF Will Collapse! SELL! My dear friends, Please, find my technical outlook for GBPCHF below: The price is coiling around a solid key level - 1.1352 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.1294 Safe Stop Loss - 1.1387 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Bullish rise?GBP/CHF has reacted off the pivot which acts as an overlap support and could potentially rise to the 1st resistance. Pivot: 1.13127 1st support: 1.12690 1st Resistance: 1.13944 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
GBPCHF Technical Analysis! SELL! My dear friends, GBPCHF looks like it will make a good move, and here are the details: The market is trading on 1.1338 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.1287 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Bullish bounce off 23.6% Fibonacci support?GBP/CHF has just bounced off the pivot which has been identified as a pullback support and could potentially rise to the 1st resistance. Pivot: 1.1312 1st Support: 1.1269 1st Resistance: 1.1372 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPCHF: French Election Risk May Increase Demand on CHFHey Traders, in the coming week we are monitoring GBPCHF for a selling opportunity around 1.13900 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.13900 support and resistance zone. Fundamentally with the current risk on the EURO with French election the demand on CHF may increase despite the rate cut as it's considered a safe haven. Trade safe, Joe.
Short
by JoeChampion
2
GBPCHF Will Go Lower From Resistance! Sell! Here is our detailed technical review for GBPCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.130. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.127 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
GBPCHF - Already Over-Sold!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPCHF has been overall bearish, trading within the falling channel in red. However, GBPCHF is currently approaching the lower bound of the channel. Moreover, it is retesting a strong demand zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand and lower red trendline acting as a non-horizontal support. 📚 As per my trading style: As #GBPCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
GBPCHF | Short D1 | Market Exec | Incoming Risk-OffTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 and H1 time-frames - Stochastics are also Overbought in multiple Cross-CHF pairs and even on USDCHF pair. - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines & top of Parallel Channel as well - Targeting the 38% Fibo retracement for this trade Fundamental Confluences for Trade: - There seems to be some disconnect between asset classes and with everyone already so 'risk-on', the risk-off build up momentum is ripe for the taking. Suggested Trade: Entry @ Area of Interest 1.1570 - 1.1650 SL @ 1.1718 TP 1 @ 1.1425 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.1276 Risk-to-Reward @ Approx. 2.60 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only.
Short
by weekendanalyst
2