Gbp/Chf

[miles]

gbp/chf

The price of this pair is continuesly in the down trend direction,its represent that the price of this pair is going to be lower seccion momentum today.

If it will break the last support today at the point of 0.6540 and making a pull back then the conditions on there it will be gone these values are happining,if this is breakout the next resistance 0.6756 level then it will falling to the 0.6745 and more down today for my indicates of this pairs.

The RSI is still on SELL
StDev on SELL direction.

Parabolic Sar is also in the down trend signal.

Agrassive retracement showing that the bollinger bands due to 2 green lines is going on selling.

My advice for traders fallow the main indicators of RSI stdDev channel and fibonacci retracement which can be telling the pairs movements.

[pmln]

Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.

Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.

Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.

Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.

The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.

Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.

In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.

If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.

Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.

[Apple99]

(Dated 30th Sep 2019)

Today pair is Gbp/Chf

$ Resistance 1.2216
$ Resistance 1.2238
$ Resistance 1.2291

$ Support 1.2204
$ Support 1.2131
$ Support 1.2112

Market trend > Bearish

[Pak3000]

Pivot points1.2184

Resistance 1=1.2189
Resistance 2=1.2191
Resistance 3=1.2196

Support 1=1.2182
Support 2=1.2177
Support 3=` 1.2174

[janny]

Today Gbp-Chf market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 15.22% trade in sell position
according indiactor zigzag 55% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit

[0307148]

if we looks closely this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite projection area at 14000 for the 1st swing up

[NaQvI2019]

Gbp/Chf trends to bearish

1 Resistance 1.2277
2 Resistance 1.2301
3 Resistance 1.2323

1 Supporting 1.2227
2 Supporting 1.2203
3 Supporting 1.2171

[shamim123]

Gbp/Chf > BEARISH

PIVOT POINT > 1.2199

S1 > 1.2162

S2 > 1.2139

S3 > 1.2102

R1 > 1.2236

R2 > 1.2260

R3 > 1.2297

[justin]

Today market trend is SELL
Dear friends today Market trend
is natural so i sugest please wait for good
entry point becasue fibionic retracement
is percent and all over trend is SELL
some indicators like
moving avarages 11.89%
bolinger band 74.5%
parabolic 52.20%
market trend is SELL

[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