Gbp/Chf

Today on the GBPCHF chart we can see that the price is moving above EMA indicator’s taking a bullish direction.
We can also see that the RSI indicator is giving us a buy signal according to the position of the line which is currently above the center line of 35.
We can also use the data from the MACD indicator to determine like in the case that the bulls are the ones controlling the market in the current period and that’s because of the green lines heading up in my opinion.
I do think that the going with the bulls for the current day would be wise but that would be until the price gets below the EMA indicator wave creating by that a new sell signal .
http://bigimage.cz/photos/20141203141758905177744.gif

The buying signal appearing right in front of us today on the GBPCHF 1 hour chart the Blue arrow which is the last signal shown by the EMA crossover indicator using 2 exponential moving average lines of non-similar shifts.
A buy signal is being performed when the red line becomes located above the blue one.
The QQE indicator will be giving me a filtering signal by showing us a buy cross when the lines go above the fifty levels.
buy is the order I'll be choosing to target the level 1.5155 which is a resistance or the other option when a sell cross is created by the 2 exponential moving average lines.
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http://bigimage.cz/photos/20141203141759015195089.gif

Based on the hourly chart of the blade oscillator the GBPCHF is having a strong bullish trend by locating at 0.0008 above the level of balance and the indicator is blue colored that means there is a strong bullish move will happen in a short time .
By using moving average 5 we will notice a UP slope so 1.521 could be considered a good stop loss for if there were buy positions as it is considered the last bottom by using the indicators signals .
http://bigimage.cz/photos/20141203141759048113675.gif

According to the vestro indicator for the GBPCHF pair it indicates a bearish saturation on its last move then I will use it to predict a downward direction for now.
On the chart the price is located quite below the price of the grey level at 1.5216 which is the support level and according to this bearish trend that we can assumed we can enter a sell positions targeting the next support near the area 1.5201 and then you can use level 1.5186 as your next target .
But clearly opposite signals on the vestor or if the price breaks the 1.524 level you should start thinking about a bullish trend.
http://bigimage.cz/photos/20141203141759094115430.gif

Compared to yesterday we can notice that a new daily opening was higher than that of the last day which implies to us that the trend was taking up direction on the last day.
According to what we saw on the GBPCHF chart today we know that a red down arrow signal is taking place above the price proving to us that a bearish signal is taking place for the short term trading.
Taking that case into consideration I do think that the last opening at 1.5215 should be acting as a take profit level as it is at the same time a strong support and the price might be having hard time trying to break such level and heading down In the end I do think that following up the trading system’s rules would be the best and that is by waiting for a clear red line on the check indicator and also at the same time the color of the trader indicator should be red and that of course in order to make sure that it is the right bearish trend before making any attempt for any sell positions.
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analysis for today 12 / 3 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5251
Retracement (50%) 1.5241
retracement (61,8%) 1.5230

Extensions (61.8%) 1.5336
Extensions (100.0%) 1.5368
Extensions (138.2%) 1.5400
Extensions (161.8%) 1.5421
calculation based on a Fibonacci retracement then today I choose buy

It is a very strong upside mouvement happening today in this pair that's why I think that it will rise to the blue trendline decree below than it will fall down.
http://i.imgur.com/A3V7qY1.png

Today on the GBPCHF chart we can see that the price is moving above EMA indicator’s taking a bullish direction.
We can also see that the RSI indicator is giving us a buy signal according to the position of the line which is currently above the center line of 35.
We can also use the data from the MACD indicator to determine like in the case that the bulls are the ones controlling the market in the current period and that’s because of the green lines heading up in my opinion.
I do think that the going with the bulls for the current day would be wise but that would be until the price gets below the EMA indicator wave creating by that a new sell signal .
http://bigimage.cz/photos/20141204141767411208025.gif

On the GBPCHF chart the momentum indicator shows clearly a cross as the blue line goes below the red line to make a good sell signal for the current time.
The Oracle Strength indicator shows a yellow color and that indicates a upward direction on the GBPCHF chart.
To be more accurate you can see the red colored arrows which mean that there is a downward signal for now on the Oracle direction indicator.
From all the data from the indicators above and as long as the momentum indicator shows a sell cross the downward trend is shown on the chart and my advice is to go for the sell trades as long as the ATR indicator shows a sell signals.
http://bigimage.cz/photos/20141204141767452122861.gif

When trying to analyze the GBPCHF there is a bullish channel as you can see to narrow the market movement area between 2 trend lines which tells that the market is in his way for up trend.
Using the donchain channel you can see the price moving at the upper edge of it then I can think about south direction for the price as long as no opposite signs Currently the awesome oscillator has a Currently the awesome oscillator has a appear on awesome oscillator.
Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal.
Same on the stostatic indicator which show a sell signal by getting a clear bearish cross between two lines near the 80th 80 level.
Till now up trend seems to be a stronger choice although waiting for buy signals on all the indicators together is a best case but by the way buying the pair targeting the up line of the channel or the high level of donchain channel is not bad idea http://bigimage.cz/photos/20141204141767439205428.gif