Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3196
main support level - 1.3108 1.3142
main resistance level - 1.3230 1.3250
Pair likely to be in Buy today.
Printable View
Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3196
main support level - 1.3108 1.3142
main resistance level - 1.3230 1.3250
Pair likely to be in Buy today.
Trend formed:
Current price 1.3341. longstanding trend down, I'm afraid to open the instant position, because any time the price trend may change UP. therefore, I put a sell limit some distance away, make it more secure.
Position For Order:
Position 1 ==> sell limit @1.3487
Position 2 ==> sell limit @1.3575
Position 3 ==> -
Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.
Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3208
main support level - 1.3198 1.3202
main resistance level - 1.3212 1.3214
Pair likely to be in Sell today.
analysis for today 6 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 6 / 4 / 2014
OPEN 1.5011
HIGH 1.5025
LOW 1.1985
CLOSED 1.5014
The third resistance (R3) 1.5025 -( 1.4008 - 1.1985 = 0.2023 x 2 = 0.4046 )= 1.9071
The second Resistance (R2) 1.4008 + 1.5025 - 1.1985 = 1.7048
First resistance (R1) 1.4008 x 2 = 2.8016 - 1.1985 = 1.6031
pivot points 1.5025 + 1.1985 + 1.5014 = 4.2024 / 3 = 1.4008
Support for the first (S1) 1.4008 x 2 = 2.8016 - 1.5025 = 1.2991
Support second (S2) 1.4008 -( 1.5025 - 1.1985 = 0.3040 ) = 1.0968
Third Support (S3) 1.1985 -( 1.5025 - 1.4008 = 0.1017 x 2 = 0.2034 )= 0.9951
Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3185
main support level -1.3086 1.3114
main resistance level - 1.3228 1.3256
Pair likely to be in Buy today.
gbp/chf pair uptrend meh hai or is level se 1.3660 level tak ja sakta hai, gbp/chf abhi price level 1.3150 pe hai , aaj ki news kafi important rhegi is pair k liye, or agar gbp meh kuch movement dikhne k liye milta hai uptrend meh toh definetly ye pair or bullish ho skta hai or 1.3660 level pe finish kar skta hai.
If a M15 close above 1.4400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.4200 sell only and do not buy. If price closes back above it again do nothing
The range 1.4400 and 1.4200 is neutral area, any trade done in between is personal decision and not part of this analysis
Timeframe : H4
RSI(14) 63.324 Buy
STOCH(9,6) 71.290 Buy
MACD(12,26) 0.001 Buy
Williams %R -11.364 Overbought
Indicators : STRONG BUY
Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3177
main support level -1.3092 1.3120
main resistance level - 1.3206 1.3234
Pair likely to be in Sell today.
Forex Forecast with price level.
GBP/CHF - pair in focus
Current Price -1.3216
main support level - 1.3081 1.3126
main resistance level - 1.3261 1.3306
Pair likely to be in Buy today.