Technical analysis for GBPCHF

The analysis shows a variety of moving averages and oscillators, and an overall buy/sell score based on the combination of all the indicators. All the figures update live based on each new market tick.

The moving averages combine traditional calculations (EMA, SMA) with averages which are designed to respond more quickly to changes in price, and to track the current price more closely (Hull, Arnaud Legoux). The table is colour-coded based on whether the current price is above (bullish) or below (bearish) each moving average.

The oscillators track over-bought and over-sold conditions. For example, a value of 80+ on the Stochastic oscillator is traditionally regarded as an over-bought signal, and therefore bearish.

The technical analysis also shows daily pivot points using a variety of popular calculations. If the current price has breached a support level, then that is considered as bearish. Conversely, the analysis regards it as bullish if the price is above a resistance level.

You can change the periods which are used for moving averages, and for oscillators. Adding more moving averages will change their weight in the total score compared to the oscillators. Conversely, adding or removing oscillators will change their contribution to the overall score relative to the moving averages.

About GBPCHF

The GBPCHF pair is the abbreviation of the British Pound against Swiss Franc. This pair is the oldest currency cross rate with regard to USD. Speculative volatility is provided by GBP presence in the quote. The high cost of the lot in the cross rate allows to earn on short-term operations. Dramatic reversals on the news are technically characteristic: in case of publishing positive data for pound, purchases are always careful, and in case of any negative data pound sells quickly and capital moves to the Swiss Franc which is safer. To trade this pair is only recommended to experienced traders. The economic releases that influence the pair the most are the main economic indicators of Great Britain, Eurozone, Switzerland, and the USA (discount rate, GDP, inflation, unemployment level, CPI, PMI, among others). Other events that influence the pair are statements made by officials of those countries, currency interventions of Swiss franc, monetary policies of the ECB and the Bank of England. The pair is highly liquid only during the European session.