GBP/CHF

- CHF (-)

- Real time data - Forex

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Type:	Forex
Ticker:	GBPCHF
ISIN:

GBP/CHF - 15 min. - Technical analysis published on 05/16/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

44%

My opinion

Bullish above 1.1426 CHF

My targets

1.1457 CHF (+0.0021)

1.1484 CHF (+0.0048)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/CHF as long as the price remains well above 1.1426 CHF. The buyers' bullish objective is set at 1.1457 CHF. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.1484 CHF. If there is any crossing, the next objective would be the resistance located at 1.1515 CHF. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.1

Comment on the analysis

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 philiptino88. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The GBP/CHF rating is 1.1436 CHF. On the day, this instrument gained +0.06% with the lowest point at 1.1410 CHF and the highest point at 1.1442 CHF. The deviation from the price is +0.23% for the low point and -0.05% for the high point.

1.1410

1.1442

1.1436

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by GBP/CHF:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of GBP/CHF indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

White morning star

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.1375	1.1397	1.1418	1.1436	1.1458	1.1693	1.2155
Change (%)	-0.53%	-0.34%	-0.16%	-	+0.19%	+2.25%	+6.29%
Change	-0.0061	-0.0039	-0.0018	-	+0.0022	+0.0257	+0.0719
Level	Minor	Major	Minor	-	Major	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1341	1.1368	1.1399	1.1426	1.1457	1.1484	1.1515
Camarilla	1.1413	1.1418	1.1424	1.1429	1.1434	1.1440	1.1445
Woodie	1.1342	1.1369	1.1400	1.1427	1.1458	1.1485	1.1516
Fibonacci	1.1368	1.1391	1.1404	1.1426	1.1449	1.1462	1.1484

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.1237	1.1279	1.1315	1.1357	1.1393	1.1435	1.1471
Camarilla	1.1331	1.1338	1.1345	1.1352	1.1359	1.1366	1.1374
Woodie	1.1235	1.1278	1.1313	1.1356	1.1391	1.1434	1.1469
Fibonacci	1.1279	1.1309	1.1327	1.1357	1.1387	1.1405	1.1435

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0945	1.1058	1.1271	1.1384	1.1597	1.1710	1.1923
Camarilla	1.1395	1.1425	1.1455	1.1485	1.1515	1.1545	1.1575
Woodie	1.0996	1.1083	1.1322	1.1409	1.1648	1.1735	1.1974
Fibonacci	1.1058	1.1182	1.1259	1.1384	1.1508	1.1585	1.1710

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):	56.76
MACD (12,26,9):	0.0003
Directional Movement:	8.7238
AROON (14):	42.8571
DEMA (21):	1.1436
Parabolic SAR (0,02-0,02-0,2):	1.1430
Elder Ray (13):	0.0004
Super Trend (3,10):	1.1417
Zig ZAG (10):	1.1439
VORTEX (21):	1.0807
Stochastique (14,3,5):	70.93
TEMA (21):	1.1438
Williams %R (14):	-27.78
Chande Momentum Oscillator (20):	0.0006
Repulse (5,40,3):	0.0184
ROCnROLL:	1
TRIX (15,9):	0.0029
Courbe Coppock:	0.20

MA7:	1.1389
MA20:	1.1388
MA50:	1.1367
MA100:	1.1186
MAexp7:	1.1436
MAexp20:	1.1432
MAexp50:	1.1430
MAexp100:	1.1428
Price / MA7:	+0.41%
Price / MA20:	+0.42%
Price / MA50:	+0.61%
Price / MA100:	+2.23%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.03%
Price / MAexp50:	+0.04%
Price / MAexp100:	+0.06%

Quotes : - Real time data - Forex

News

The latest news and videos published on GBP/CHF at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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