Gbp/Chf

http://charts.mql5.com/1/606/gbpchf-...orex-group.png



we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 1.4610
stochastic refers that the pair will go down
so our target sell from 1.4681 and our target will 70pips

GBPCHF,H1
Date 2013.05.22
Time 01:00

Spoiler:

http://charts.mql5.com/1/608/gbpchf-...orex-group.png

Open 1.4699
High 1.4700
Low 1.4689
Close 1.4691
Volume 159
SMA(5) 1.4696
SMA(10) 1.4693
SMA(20) 1.4706
SMA(50) 1.4723
SMA(100) 1.4724
SAR 1.4702

Indicator window 1
Stoch(5,3,3) 64.1667
Signal 63.1331

Indicator window 2
RSI(14) 42.2714

Indicator window 3
MACD(12,26,9) -0.00107
Signal -0.00128

Indicator window 4
%R(14) -59.7561

based on combination of indicators above,
trend : NEUTRAL

the pair can close up the up trend line
i see the pair will go to up way to 1.4893
stochastic refers that the pair will go up
so our target buy from 1.4693 and our target will 200pips

Good luck

elliott common flat correction move if first down it should hold 1.4728 or 1.4718 if first up it should face resistances in 1.4757 - 1.4775 zone to 1.4718
res2 1.479
res1 1.4775
sup1 1.4718
sup2 1.4682

we can see in the 1d chart
I see the pair will go to up way to 1.4897
stochastic refers that the pair will go up
so our target buy from 1.4693 and our target will 205pips

Good luck

Gbp/chf analysis for 05.22.2013 by using pivot indicator.

r3: 1.4890
r2: 1.4835
r1: 1.4767

pivot: 1.4712

s1: 1.4644
s2: 1.4589
s3: 1.4521

gbp/chf market analysis by using : average directional movement index

adx : 23.3515
+di : 9.2452
-di : 20.3549

timeframe : 1 hour
date : 22.05.13
time : 0500

Gbp/chf technical analysis

date : 05.22.2013
time : 05:30 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 59.48

2) MACD (26,12,9)
value: -0.0001

3) ADX (14)
value: 21.58

4)CCI(14)
value: 123.54

overall treand - slightly bullish.

Pivot levels today:
R3: 1.4887
R2: 1.4835
R1: 1.4764
PP: 1.4711
S1: 1.4641
S2: 1.4588
S3: 1.4516
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1.4516.

attenuation that occurs in chf currency, also gives GBPCHF reversal moves back strongly after passing zones seller (1.4692-14672) and touch the SI (1.4623) for the time being according to that you have to do is put a buy stop on buyer zone (147.32-14752 ) and maybe if it happens bullish then GBPCHF will be able to move like all the currency pairs that are likely to be opposed chf uptrend.