Gbp/Chf

[Ibnulhassan786]

GBP/CHF

After an extended Bearish run stretching 3 weeks, we finally see a D1 Bullish close on Wed. But Bears launched an attack on Thu. This Bearish D1 close doesn't has any conviction cos no high volume is seen. It launched another attack again on Fri but D1 closed with a doji in ultra high volume , volume that wasn't seen since 12th Dec 19. Dropping down to H4, we can see a strong downward thrust but equally matched by a reverse move. This move actually show a rejection of a D1 DZ proximal line. Further looking at GBP crosses, which shows strength, I am convinced with all evidence seen, GBPCHF is preparing to make further gain in the coming days. A confirmation of a Bullish control will come in a rejection of Fri low or D1 close above Thu high.

[Aliraza0006]

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.

[Shahzadahmed148]

GBP/CHF

Bearish: Currently we are at 1.2283 after finishing a corrective move to the square up. We are looking for a move to the ATR Target @ 1.2213 and then a continuation to the supports @ 1.2183 area. The average daily true range (ATR) for the pair currently is 109 pips. WATCH THE USDX for more clues.

[Muhammad Kashif]

Range trading actually works in a market with just enough volatility due to which the price goes on wiggling in the channel without breaking out of the range. In the case the level of support and resistance breaks you should exit range-based positions. The most efficient way of managing this type of risk is the use of stop and limit orders as most traders do. They place stop limit orders when the currency price keeps dropping below the entry point and set the limit order to make profit when the security moves to the top of the range. In other words, while selling a range you should set limit orders down near the support level to take profit and while buying, you should place take profit or- ders at the previously defined resistance level

[Sumbal85]

Pair GBP/CHF
Market trend condition Bullish

Resistance 1.2327
Resistance 1.2391
Resistance 1.2439

Supporting 1.2093
Supporting 1.2162
Supporting 1.2217

[Muhammad kashif]

Gbpchf:cur
gbp-chf x-rate
1.2243chf-0.0003-0.02%
open
1.2246
prev close
1.2246
ytd return
-4.56%
day range
1.21331.2261
52 week range
1.16761.3425

[RNK2142]

Today market trend:sell

Market exchanging sign rely upon a pointers*

Resistance points and Support points of market goes down

The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit

So could the trading in Sell and get a huge profit

[Samranfaizan220]

The markets will need to wait until Wednesday for February inflation figures. While we tend to see the Dollar sensitive to inflation, the latest FED rate cut should limit any reaction.

Expect the Dollar to respond in a similar way to wholesale inflation numbers due out on Thursday.

We will expect greater sensitivity to the weekly jobless claims figures, however. The markets are looking for any negative fallout and the jobless claims figures will certainly be one area of focus.

[feeltop]

predictions for the day.
trading is risky if no analysis is done
GBP/CHF - is the currency pair we will be focusing on
major low levels also known as supports 1.2154
major high levels also known as resistance - 1.2249

[MTB]

gbp chf ne uptrend ke signal diye hai
1.3640 ke pas iska 1 support tha jisse ye nahi tod paya..
ab mere khayal se isse 1.3780 tak jane ke ache chances h..iski buying ki ja sakti hai monday ko