British Pound / Swiss Franc GBPCHF

British Pound under selling pressure after UK’s inflation figures failed to meet expectations. UK headline CPI rose at an annualized 2.4% y/y missing forecasts at 2.6%. Core CPI fell to 1.9% y/y. Poor inflation figures could pour cold water over expectations of a rate hike by the Bank of England at its August meeting. GBP/CHF is extending weakness after break ...

Price is approaching our first support at 1.3023 (horizontal swing low support, 38.2% Fibonacci retracement, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 1.3270 (horizontal swing high resistance, 100% Fibonacci extension). Stochastic (55,5,3) is also approaching our major support where a ...

Short Position

Continue GBPCHF short leg

buyers coming in,,inverted head n shoulders and double bottom showing on daily tf

PRICE IS IN AN ASCENDING WEDGE ON THE WEEKLY PRICE PREVIOUSLY BROKE THE 134500 LEVEL TO TEST THE TREND LINE AND NOW ITS HEADING IN THAT DIRECTION AGAIN THERE ISA MINOR RESISTANCE IN THE 132500 AREA THAT HAS BEEN TESTED 4 TIMES. i WILL BE WAITING FOR PRICE TO BREAK OUT OF THE RESISTANCE AND HIT THE 132800 LEVEL BEFORE GOING LONG ON THIS PAIR OR I WILL JUST ...

Entry @ 1.31938, SL @ 1.32731, TP @ 1.30906

V-formation entry and sellers momentum died. you can take this trade with your won risk.

Eur/usd analisys of possible trend.

GBPCHF is approaching our first resistance at 1.3270 (horizontal swing high resistance, 100% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.3063 (horizontal swing low support, 38.2% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also reacting off our resistance and ...

Price rejected off key resistance & closed as a bearish engulfing. Currently forming a flag pattern after breaking out the major channel, ill be looking to a counter trendline break for a continuation lower.

A long signal popped up a bit ago on this pair. Spent today getting Signal Stream uploaded, so I didn't have the chance to post when the signal came up. Price has moved down a bit against it to test some support. I prefer price not to violate the other end of the signal bar with this system. If price does not violate, it typically winds up being a much stronger ...

yes: -reversal candle at reversal zone no: -MA is weird -daily canldes are weird

Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the ...

GBP/CHF upside remains capped at major trendline resistance at 1.3265. Break above could take the pair higher. Price action has broken above 200-DMA at 1.3231, but is struggling to extend gains above. Technical indicators are bullish on the daily chart. Momentum bullish, RSI above 50. Breakout at major trendline resistance at 1.3265 could see test of 38.2% Fib at ...

WELCOME TO DACAPITAL TRADING!! GBPCHF just started moving as expected, quick Timeframe breakdown for free and everybody. 4 HOUR Slow bearish movement for now but we formed new lows. DAILY Market was considering last two weeks but is on right direction now. WEEKLY Overall very bearish with only 2 small bullish Candle overall in the last whole ...

GBPCHF Still some move up, waiting on retracement

Friends Welcome to another FX review this time for GBPCHF. Today this pair offered a beautiful Bullish engulfing candle, bouncing off the EMA 14 and 21. I expect the move extend to the next major Fibo level. Here are the reasons for taking this trade. Let me know what you think in the “comment” section and if you found it useful do not forget to “Like” it. ...