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Gbpchfshort

GBPCHF:Rallies should be capped!GBPCHF Intraday - We look to Sell at 1.1714 (stop at 1.1781) Preferred trade is to sell into rallies. Previous resistance located at 1.1721. There is scope for mild buying at the open but gains should be limited. The medium term bias remains bearish. Our profit targets will be 1.1532 and 1.1455 Resistance: 1.1700 / 1.1758 / 1.1990 Support: 1.1570 / 1.1527 / 1.1450 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
GBP/CHF Fundamental & Chart Analysis FUNDAMENTAL ANALYSIS ( Comparing the historical health, stability, growth and value of a country's currency to current and/or future expectations to help make higher probability trading decisions. ) GBP most recent and upcoming economic events - Unemployment Rate ( 3.8 same as previous ) - Unemployment Claims ( -20.1k higher than previous ) - Year over Year inflation rates ( Forecasted 9.5, .4% higher than previous ) - Gfk Consumer Confidence ( Forecasted -44.0, -3.0 lower than previous ) - Retail Sales ( Forecasted -0.2%, -0.3% higher than previous ) - S&P Global/CIPS Manufacturing PMI Flash ( Forecasted 51.9, .9 lower than previous ) *GBP Commentary - Overheated and reached peak, starting to cool down— entering a contraction phase of a business cycle. BoE recognizes current economic conditions and has hawkishly adjusted their interest rates in response to increasing and forecasted to be higher inflation rates. …………………………………………….……………………………………………. CHF most recent and upcoming economic events - Balance of trade ( 2.57—higher than previous but lower than forecasted. ) - Year over Year Retail Sales ( 3.4% forecast, higher than previous but lower than previously forecasted ) - KOF Leading Indicators ( 97.7 forecast, higher than previous but lower than previously forecasted ) *CHF Commentary - CHF economy in contraction phase. Forecasting higher than previously reported but lower than previously forecasted supports a weakening economy caused by a middle hawkish interest rate hike in June, 2022 of 50bps ( -.75% — -.25% ) …………………………………………….……………………………………………. CHART/TECHNICAL ANALYSIS ( Comparing the historical price (re)action before, during and after economic event announcements, chart and candlestick pattern formations, including support and resistant levels for trends and overlays. ) Long term downtrend where price formed a descending triangle pattern over the course of almost a year. Price recently fell below long and short term moving averages and descending triangle support levels. If price falls the length of gap for descending triangle pattern it could land near 1.14000. Entry 1.69000. Stop Loss 1.8900 ( 1.45/1.00 )
Short
by charrison4300
GBPCHF may go higher towards its resistanceHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCHF We can see market is breaking its trend. So we are expecting more rise from its upper trendline. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Long
by Theranasaramd
Pound Swissy ready to bounce after falling wedge Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPCHF We can see market creating a falling wedge and stuck near its strong support. So we are expecting more rise from its support. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Long
by Theranasaramd
GBP/CHF:DOWNTREND | SWING TRADING | SHORT SETUP 🔔Hello Everyone, I hope you'll Appreciate our Price action Analysis ! Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools. Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE! Feel free to request any pair/instrument analysis or ask any questions in the comment section below. If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Take Day_Profits !
Short
by DAY_PROFITS
GBPCHF - LONG IDEAHello traders, Hope you had an amazing weekend ! GBPCHF is currently at a very strong monthly level. This level has been respected several times in the past and it would be very difficult to break through it given that there are many underlying buy orders waiting to be filled ! Currently price saw its first valid rejection from major area of demand, expecting price to continue upwards from this level to at least 200 pips. looking forward to see how this setup plays out ! good luck & god bless, ETGL team <3
by Eleventgl