Gbp/Chf

[Klm123]

Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga

[Hassinali]

The Pound to Swiss Franc (GBP/CHF) exchange rate fell by -0.2% today, with the pairing currently trading around 1.16fr.

Sterling struggled today following this morning’s release of the UK’s latest GDP figure for the first quarter, which fell below forecasts from -2% to -2.2%. As a result, GBP investors have become increasingly concerned for Britain’s economic recovery going forward.

Samuel Tombs, chief UK economist at Pantheon Macroeconomics, was notably gloomy in his outlook, commenting:

‘The biggest contraction for 40 years, even though Q1 contained just nine lockdown days.’

Mr Tombs also added that today’s data was ‘just the prelude’, with worse to come in the second quarter.

Meanwhile, today saw the Bank of England’s (BoE) chief economist, Andy Haldane, warn that the UK must not return to 1980s levels of unemployment. Consequently, Sterling traders are becoming jittery as the BoE continues sound dovish about the UK’s economy.

Mr Haldane commented:

‘Both the UK and the global economies are already well into the “second quarter” – the recovery phase. The UK’s recovery is more than two months old, while the global economy is perhaps three months into its recovery, in both cases from an exceptionally low starting point.’

Today also saw Prime Minister Boris Johnson vow to act fast to bolster the British economy in the wake of the coronavirus. His latest manifesto pledges to ‘level up’ the country.

However, this was not enough to boost the GBP/CHF exchange rate, as investors continue to remain wary about the second quarter growth figures.

[janny]

Today Market position is : sell

Currant position or previously position market k down honey ka ishara day raha hain

Support or resistence be market k down janay ki terf ishara day rahay hain

Is liya ajj sell ki trade laganay me he faida hai

[Samranfaizan220]

The price is moving along the support line. I expect a push from her and an upward movement. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad .we are currently at a strong resistance level and rejecting a wedge pattern Im expecting this market to go down all the way to to 74.674.Alright you guys I have up to three reasons why you should short this trade right now. 1.) This currency pair has tested the resistance line multiple times and has failed to break through. 2.) This currency pair is showing that it was an ascending wedge and has seeped through the diagonal support line it was riding. 3.) The hidden divergence shows many bearish...

[Asher12]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.

[Khuram07]

Investment is finally flowing to junior resource space, said Western Copper and Gold CEO Paul West-Sells.

West-Sells sat down for a podcast on Satureday with mining reporters Neils Christensen, Michael McCrae and Paul Harris.

This week the junior financing tracker, Oreninc, said its index leaped to a three-year high.

Last month West-Sells' company, which is developing the Casino project in the Yukon, raised $C4.48 million in a non-brokered private placement.

"There's more money out there than companies needing to raise which is pretty rare in our industry," said West-Sells, who received renewed investor interest when Western Copper and Gold announced a significant resource increase earlier this month.

The rise in copper and gold prices is helping, too. On Monday copper hit a two-year high at $6,633 a tonne.

[Sohail12]

Gold and the US dollar are inversely correlated about two-thirds of the time (when one rises the other tends to fall, and vice versa). While global investors do tend to move into the US dollar during periods of uncertainty, that move was muted last year despite, for example, the trade war with China. They instead moved into gold.

[m148]

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
money management in forex trading is very effective for getting profits with stop loss and take profits method with current trading position.

[irmafuad]

Best day for all member in this forum .. !
according to Bollinger indicators market trend is Buy
market is going fly
in the market chart black candles going Up trend
supporting and resisitance in good position. there is good flexibility in market chart to take Buy position.
so, trade with confidence, and not to be confused
If you face lose then not to worry about this loss is just part of trading.

[jindon]

hello my dear friends how are you , I hope you will be fine everyday
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.