This morning on 1 hour time frames GBPCHF trend bias is sideways because the price is inside kumo. Current price on fibonacci level 38.2 1.4905 (also chikou span line) and if this line is broker then the target will be level 61.8 or 1.4933.
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This morning on 1 hour time frames GBPCHF trend bias is sideways because the price is inside kumo. Current price on fibonacci level 38.2 1.4905 (also chikou span line) and if this line is broker then the target will be level 61.8 or 1.4933.
On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt:1.5087
Stop Loss :1.4843
gbp/chf technical analysis by using : adx
adx : 16.4454
+di : 11.0492
-di : 15.8107
timeframe : 1 hour
date : 17.01.2013
For Pound Swiss day walking in the fluctuation and direction of accidental I expect Les rise to 1.4970 and bounce in the case expect riddled possible connects to 1.5000 and bounce
sell gbp/chf 1.4910 with targets at 1.4830 with targets at 1.4830 and 1.4775, but in case of breaking the level 1.4931, then buy at this level with targets at 1.5019 and 1.5060
On the daily chart shows that the pair have already struck the previous high, thus breaking the trend line and the fact that the next maximum is less than for the previous ...... I think it is a sign that the couple can globally turn and did not go down well .... that the consolidation is expected to start ...
As we can see on H4 time frame, GBPCHF is moving around the 1.4951 resistance level and this pair also trying to break that resistance. If GBPCHF can break this resistance level successfully, it will give an opportunity for GBPCHF to continue going up and reach the higher resistance level at 1.5012.
gbp/chf technical analysis by using : adx
adx : 26.6702
+di : 15.7911
-di : 16.9764
timeframe : 1 hour
time : 1000
Technical Analysis for the pair GBP Swiss pair today rebounded from a strong resistance point at 1.4990 I expect Les falling to 1.4845 and bounce in the case of breakage expect possible down to 1.4800 and bounce
gbp/chf technical analysis by using : adx
adx : 30.7704
+di : 16.1564
-di : 23.0197
timeframe : h4
date : 18.01.2013
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