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Thread: Gbp/Chf

  1. #5559
    Senior Member wench is on a distinguished road wench's Avatar
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    As you can all realize there is a downward trend taking place on the GBPCHF pair indicated by the red dots appearing on the bars the price may keep going south so long it stays lower than the level 1.5273 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 1.5014 which is also a weekly pivot point.
    But there is another possibility that might yet take place and that is if the price broke the resistance 1.5273 and got itself a bullish signal via the blue dots in this case I do think that the price will be heading north till it hits the resistance 1.5364 which is the pivot level of the current week.
    .

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  2. #5558
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    I think that the price will rise from the support level at 1.5091 in the weekly chart that's why we can get in long position with take profit at 1.5228.

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  3. #5557
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    After breaking the support level at 1.5116 I think that we can get in short position with take profit at 1.5065.

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  4. #5556
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/chf
    analysis time frame- m30



    the price is down trend side from the resistance at 1.5180 level and making lower to low while its hold at the support 1.5132 level. the rsi is now moving at level 30 so again up movement as correction can expected but its again in down side. hold the short entry with profit target at 1.5065

    good luck.

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  5. #5555
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:


    Daily Forecast

    Pair: GBPCHF
    Major Trend: Bullish
    Time Frame: Daily
    Reason: It can be seen, the MACD indicator experienced divergence pattern, indicating the price will go down for a moment to correction correction target prediction is in the weekly pivot at 1.5123 or in weekly support 1 (1.5065) before continuing the trend buullish.
    Recommendation: Sell the weekly pivot targets or buy limit at the weekly pivot at 1.5123 price

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  6. #5554
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    The resistance level at 1.5151 give us a good opportunity to get in long position with take profit at 1.5184.

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  7. #5553
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gbp/chf
    analysis time frame- m30



    the price has been break the resistance trend line at 1.5175 level and moving up side but its again down side from the resistance at 1.5230 level. if this is break the support at 1.5119 then may be moved to the 1.5045. short with stop loss at 1.5200
    good luck.

    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.


  8. #5552
    Senior Member KAUL has a spectacular aura about KAUL has a spectacular aura about KAUL's Avatar
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    http://prntscr.com/5alf5x
    analysis for today 11 / 27 / 2014

    GBP/CHF

    Resistance : R1 1.5244 R2 1.5269 R3 1.5289 R4 1.5319
    Support : S1 1.5110 S2 1.5085 S3 1.5065 S4 1.5035

    Open : 1.5176
    High : 1.5185
    Low : 1.5169
    Range : 0.0016 Pips
    Running Price : 1.5184

    Strategy : BUY at the level 1.5184 stop loss at the level 1.5110 target take profit at the level 1.5289 or at the level 1.5319

    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.


  9. #5551
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:


    Daily Forecast

    Pair: GBPCHF
    Major Trend: Bullish
    Time Frame: H4
    Reason: Pivot point today is 1.5174. Prices can not penetrate the weekly pivot at 1.5132 price, and can predict the market direction will then be heading to the first resistance at 1.5323 weekly. In the meantime, MACD and Stochastic experiencing divergence patterns, and for RSI is above the 50 line.
    Recommendation: Buy with a target of 1.5243

    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.


  10. #5550
    Senior Member wench is on a distinguished road wench's Avatar
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    As you can all realize there is a upward trend taking place on the GBPCHF pair indicated by the blue dots appearing on the bars the price may keep going north so long it stays lower than the level 1.5014 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 1.5273 which is also a weekly pivot point.
    But there is another possibility that might yet take place and that is if the price broke the support 1.5014 and got itself a bearish signal via the red dots in this case I do think that the price will be heading south till it hits the support 1.4846 which is the pivot level of the current week.
    .

    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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