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technical analysis of Gbp/chf is sell
Current Price is ;1.2885
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:1.2930
2. Resistance Level:1.2955
3. Resistance Level: 1.2980
Supporting price is :
1. Supporting Level: 1.2874
2. Supporting Level: 1.2862
3. Supporting Level: 1.2850
Based on the early price action and the last price at $1276.30, the direction of the gold market the rest of the session is likely to be determined by trader reaction to a pair of Gann angles at $1278.30 and $1280.20.
pair is:Gbp/Chf
Trend with indicator and Pivot Point ,
Pivot Point is ;1.1882
Current Rate is:1.2882
Indicators is :
Moving Average trend is:Buy
Parabolic Trend is:Buy
Resistance levels is:
1>Resistance is:1.2903
2>Resistance is:1.2921
3>Resistance is:1.2945
Supporting levels is :
1>Supporting is :1.2874
2>Supporting is :1.2851
3>Supporting is : 1.2834
Daily overview for GbpChf
The price is finding the first support at 1.2857 and the next support is at 1.2832 The price is finding the first resistance at 1.2902 and the next resistance is at 1.2924 I predict price will be continued falling today. The first target is the level 1.2831 After fixing below the first target, then price will go to the level of 1.2815 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
GBPCHF
Market Trend BULLISH
Pivot Point 1.2875
S 1 1.2822
S 2 1.2796
S 3 1.2744
R 1 1.2901
R 2 1.2954
R 3 1.2980
Gold has broken 1280.86. Possibly, today the pair may form one more ascending structure to test this level from below. After that, the instrument may resume trading inside the downtrend with the short-term target at 1266.00.
The indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for SELL positions.
My predictions...
GBP.CHF - British Pound / Swiss Franc Timeframe: Daily, 4-hour, and 1-hour Predicted Direction: Long GBP.CHF - British Pound / Swiss Franc updates will be available in the comments section below as price-action develops.
1 Resistance is. 1.2895
2 Resistance is. 1.2905
3 Resistance is. 1.2915
1 Supporting is. 1.2870
2 Supporting is. 1.2853
3 Supporting is. 1.2831
the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
GBPCHF Today Analysis
Market Trend Bullish
Pivot Point 1.2875
S 1 >>>>> 1.2825
S 2 >>>>> 1.2798
S 3 >>>>> 1.2745
R 1 >>>>> 1.2905
R 2 >>>>> 1.2955
R 3 >>>>> 1.2985