Spoiler:
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still heading to the 261.8 Fibonacci at 1.0535 to touch the trendline resistance. But for today the market is predicted to be only a correction at 1.0494
Recommendation: Buy
Thread: Eur/Chf
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still heading to the 261.8 Fibonacci at 1.0535 to touch the trendline resistance. But for today the market is predicted to be only a correction at 1.0494
Recommendation: Buy
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Daily Forecast
Major Trend: Bearish
Time Frame: H4
Reason: Towards the close, the market is predicted to arrive at the price of 1.0398 at 161.8 fibonacii. Visible also still mengamai stochastic divergent pattern
Recommendation: Sell limit at 1.0460
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getting ready for profit cover, moving stop loss and trailing pips ...Originally Posted by Haritsya
sweet profits .. 10 more pips left to bag
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Intraday trade:
If a M15 close above 1.3798 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3765 sell only and do not buy. If price closes back above it again do nothing
The range 1.3798 and 1.3765 is neutral area, any trade done in between is personal decision and not part of this analysis
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[IMG]vvcap.net/db/AFkOlpPYhS8dBhp9jocK.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: The highest point of this week is predicted to be at 1.0634 which is located in the Fibonacci 423.6. For now, the market is still trying to intersect with the center line of Bollinger which is 1.0495
Recommendation: Buy limit at 1.0495
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I would say sell it till 1.0410 level, off course I would definitely wait till the resistance at 1.0450 is broken by a bear candle.
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[IMG]vvcap.net/db/H3J0NzHQy-c1nWY5d2Zn.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Probably the market will not be corrections on the trendline, because it blocked leh daily pivot point at 1.0483. And furthermore predicted to still be heading to 1.0553
Recommendation: Buy
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EUR francs last week's trading toward the upside on the four Frame stings and noticed his arrival at the strong levels of a resistance weekly 1.0570 which levels the sellers emerge violently to the levels of 1.0506 the penetrating and shutting down underneath and noticed target levels of 50% Fibonacci making the strongest vendors appearance, access and seeing him further decline to 1.0392 levels but waiting confirm preferred landing shut down a candle support levels 1.0455.
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: The fifth elliot wave has been completed, the next predicted market will go up through the resistance trendline toward third, at 1.0543
Recommendation: Buy
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Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: It is predicted that the market will not touch the pivot point at 1.0471 for a correction, but only up to 1.0455. After that the market will go down to 1.0376 for the bullish trend correction
Recommendation: Sell
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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