Londinia Opportunities Analyses - 01/01/2025 (GMT) GBP/CHF - 1H

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

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.1346 CHF
My targets
1.1380 CHF (+0.0020)
1.1458 CHF (+0.0098)
My analysis
The bullish trend is currently very strong on GBP/CHF. As long as the price remains above the support at 1.1346 CHF, you could try to benefit from the boom. The first bullish objective is located at 1.1380 CHF. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1458 CHF as an objective. Crossing it would then enable buyers to target 1.1681 CHF. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

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Additional analysis

Quotes

The GBP/CHF price is 1.1360 CHF. The price registered a decrease of -0.03% on the session and was between 1.1342 CHF and 1.1372 CHF. This implies that the price is at +0.16% from its lowest and at -0.11% from its highest.

1.1342
1.1372
1.1360

Here is a more detailed summary of the historical variations registered by GBP/CHF:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 1H chart of GBP/CHF indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

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 1.1252 1.1326 1.1346 1.1360 1.1380 1.1458 1.1681
Change (%) -0.95% -0.30% -0.12% - +0.18% +0.86% +2.83%
Change -0.0108 -0.0034 -0.0014 - +0.0020 +0.0098 +0.0321
Level Intermediate Major Major - 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
Standard1.12931.13101.13361.13531.13791.13961.1422
Camarilla1.13511.13551.13591.13631.13671.13711.1375
Woodie1.12991.13121.13421.13551.13851.13981.1428
Fibonacci1.13101.13261.13361.13531.13691.13791.1396


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.10891.11441.12441.12991.13991.14541.1554
Camarilla1.13011.13161.13301.13441.13581.13721.1387
Woodie1.11121.11551.12671.13101.14221.14651.1577
Fibonacci1.11441.12031.12401.12991.13581.13951.1454


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.10041.10881.12261.13101.14481.15321.1670
Camarilla1.13021.13221.13431.13631.13831.14041.1424
Woodie1.10301.11021.12521.13241.14741.15461.1696
Fibonacci1.10881.11731.12261.13101.13951.14481.1532

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.36
MACD (12,26,9): 0.0006
Directional Movement: 7.4616
AROON (14): 78.5714
DEMA (21): 1.1358
Parabolic SAR (0,02-0,02-0,2): 1.1333
Elder Ray (13): 0.0008
Super Trend (3,10): 1.1322
Zig ZAG (10): 1.1363
VORTEX (21): 1.0978
Stochastique (14,3,5): 80.62
TEMA (21): 1.1360
Williams %R (14): -13.95
Chande Momentum Oscillator (20): 0.0016
Repulse (5,40,3): 0.0538
ROCnROLL: 1
TRIX (15,9): 0.0045
Courbe Coppock: 0.32
MA7: 1.1317
MA20: 1.1283
MA50: 1.1248
MA100: 1.1225
MAexp7: 1.1359
MAexp20: 1.1352
MAexp50: 1.1341
MAexp100: 1.1326
Price / MA7: +0.38%
Price / MA20: +0.68%
Price / MA50: +1.00%
Price / MA100: +1.20%
Price / MAexp7: +0.01%
Price / MAexp20: +0.07%
Price / MAexp50: +0.17%
Price / MAexp100: +0.30%

Quotes : - Real time data - Forex