Spoiler:
On the Daily chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still nturun
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1.4733,1.4398
Printable View
On the Daily chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still nturun
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1.4733,1.4398
gbp/chf technical analysis by using : average directional movement index
adx : 23.8866
+di : 18.5045
-di : 20.1472
timeframe : 1 hour
time : 2000
date : 23.10.2012
Elliott: zigzag or flat correction 1.4949
Currently uptrend should end around 1.4886 - 1.4903 area. A correction down to 1.4855 - 1.4842 is expected. A rise above 1.4930 will abort the expected correction.
Technical points
Key point 1.4888
Entry point 1.4861
Elliott 1.4822
Closing 1.4877
Projection 1.4901
Trendline 1.4834
Trendline 1.4846
Supports / Resistances
Res 2 1.4930
Ex-High 1.4896
Res 1 1.4903
Pivot 1.4869
Sup 1 1.4842
Ex-Low 1.4834
Sup 2 1.4807
Gbp/chf technical analysis for 24.10.2012 by using : Auto pivot indicator.
resistance 3:1.4968
resistance 2:1.4933
resistance 1:1.4904
pivot point :1.4869
support 1:1.4840
support 2:1.4805
support 3:1.4776
GBPCHF failed to break 1.4839 support level yesterday. Then, GBPCHF had been rejected by that support level. Now, GBPCHF is in up movement because of the rejection effect. I think GBPCHF has a potential to reach the resistance level at around 1.4925 today.
Bias GBPCHF bearish after the break below the channel current, GBPCHF bearish test support at 1.4726, a break above the 1.5204 area to bring the pair to the neutral zone.
gbp/chf technical analysis by using : average directional movement index
adx : 37.2992
+di : 25.6603
-di : 10.6348
timeframe : 1 hour
time : 2000
date : 24.10.2012
GBPCHF 25 Oktober 2012
Elliott: common flat correction up 1.5028
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5002 or 1.5002 if support around 1.4929 hold. After which a pullback to 1.4929 - 1.4904 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 1.4992
Entry point 1.4911
Elliott 1.4822
Closing 1.4954
Projection 1.5028
Trendline 1.4856
Trendline 1.4875
Supports / Resistances
Res 2 1.5051
Ex-High 1.4977
Res 1 1.5002
Pivot 1.4929
Sup 1 1.4880
Ex-Low 1.4855
Sup 2 1.4806
Gbp/chf technical analysis for 25.10.2012 by using : Auto pivot indicator.
resistance 3:1.5130
resistance 2:1.5054
resistance 1:1.5005
pivot point :1.4929
support 1:1.4880
support 2:1.4804
support 3:1.4755
Big trend on still bulls. But for intraday trade this look still sideways as long as the price still move bellow that 76.4 fib 1.4976. To start make buy Op here, price must break up first to that 1.4976.