GBP/CHF - 1H - Technical analysis published on 03/13/2023 (GMT)
- 185
- 0
- Who voted?
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 1.1173 CHF
My targets
1.1095 CHF (-0.0019)
1.1066 CHF (-0.0048)
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 GBP/CHF. As long as you are under the resistance located at 1.1173 CHF, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.1095 CHF would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.1066 CHF as an objective. Crossing it would then enable sellers to target 1.0938 CHF. If the resistance 1.1173 CHF were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4
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 Pietertjie. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/CHF rating is 1.1114 CHF. The price registered an increase of +0.29% on the session and was traded between 1.1063 CHF and 1.1120 CHF over the period. The price is currently at +0.46% from its lowest and -0.05% from its highest.1.1063
1.1120
1.1114
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/CHF:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/CHF indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0938 | 1.1066 | 1.1095 | 1.1114 | 1.1117 | 1.1173 | 1.1233 |
| Change (%) | -1.58% | -0.43% | -0.17% | - | +0.03% | +0.53% | +1.07% |
| Change | -0.0176 | -0.0048 | -0.0019 | - | +0.0003 | +0.0059 | +0.0119 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0954 | 1.1010 | 1.1046 | 1.1102 | 1.1138 | 1.1194 | 1.1230 |
| Camarilla | 1.1057 | 1.1065 | 1.1074 | 1.1082 | 1.1090 | 1.1099 | 1.1107 |
| Woodie | 1.0944 | 1.1005 | 1.1036 | 1.1097 | 1.1128 | 1.1189 | 1.1220 |
| Fibonacci | 1.1010 | 1.1045 | 1.1067 | 1.1102 | 1.1137 | 1.1159 | 1.1194 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0794 | 1.0930 | 1.1006 | 1.1142 | 1.1218 | 1.1354 | 1.1430 |
| Camarilla | 1.1024 | 1.1043 | 1.1063 | 1.1082 | 1.1101 | 1.1121 | 1.1140 |
| Woodie | 1.0764 | 1.0915 | 1.0976 | 1.1127 | 1.1188 | 1.1339 | 1.1400 |
| Fibonacci | 1.0930 | 1.1011 | 1.1061 | 1.1142 | 1.1223 | 1.1273 | 1.1354 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0864 | 1.0970 | 1.1152 | 1.1258 | 1.1440 | 1.1546 | 1.1728 |
| Camarilla | 1.1256 | 1.1282 | 1.1309 | 1.1335 | 1.1361 | 1.1388 | 1.1414 |
| Woodie | 1.0903 | 1.0989 | 1.1191 | 1.1277 | 1.1479 | 1.1565 | 1.1767 |
| Fibonacci | 1.0970 | 1.1080 | 1.1148 | 1.1258 | 1.1368 | 1.1436 | 1.1546 |
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): | 51.97 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -3.6984 | |
| AROON (14): | -64.2857 | |
| DEMA (21): | 1.1094 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.1064 | |
| Elder Ray (13): | 0.0011 | |
| Super Trend (3,10): | 1.1075 | |
| Zig ZAG (10): | 1.1112 | |
| VORTEX (21): | 1.0225 | |
| Stochastique (14,3,5): | 65.06 | |
| TEMA (21): | 1.1097 | |
| Williams %R (14): | -21.31 | |
| Chande Momentum Oscillator (20): | 0.0016 | |
| Repulse (5,40,3): | 0.1190 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0112 | |
| Courbe Coppock: | 0.30 |
| MA7: | 1.1155 | |
| MA20: | 1.1192 | |
| MA50: | 1.1238 | |
| MA100: | 1.1290 | |
| MAexp7: | 1.1102 | |
| MAexp20: | 1.1102 | |
| MAexp50: | 1.1117 | |
| MAexp100: | 1.1143 | |
| Price / MA7: | -0.37% | |
| Price / MA20: | -0.70% | |
| Price / MA50: | -1.10% | |
| Price / MA100: | -1.56% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | -0.26% |
Quotes :
-
Real time data
-
Forex
News
The last news published on GBP/CHF at the time of the generation of this analysis was as follows:
-
GBP/CHF Forecast December24, 2021
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GBP/CHF - 1H