Gbp/chf analysis for 03.15.2013 by using pivot indicator.
r3: 1.4433
r2: 1.4373
r1: 1.4327
pivot: 1.4267
s1: 1.4221
s2: 1.4161
s3: 1.4115
Gbp/chf analysis for 03.15.2013 by using pivot indicator.
r3: 1.4433
r2: 1.4373
r1: 1.4327
pivot: 1.4267
s1: 1.4221
s2: 1.4161
s3: 1.4115
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Gbp/chf technical analysis by using moving averages.
date : 03.15.2013
time : 0915 GMT
time frame : 15 min
sma200 : 1.4243 signal- buy.
sma100 : 1.4282 signal- buy.
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elliott irregular flat correction up 1.4363
one move lower to 1.4227 or 1.4227 or 1.4167 is anticipated while below 1.4303 - 1.4333 area stop loss above 1.4377 zone
technical points
key point 1.4346 - entry point - closing 1.4030 - closing 1.4288 - projection 1.4420 - trend line
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Yesterday it was known that the European Union supports the idea to stop pressing Spain in terms of severe austerity measures. Amid the information the euro rose.
However, the possible reason why the markets grew is the possibility of war between North Korea and South Korea. Tension continued to escalate on Tuesday as North Korea...
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new signal
GBP CHF
From 13:59 14-Mar-2013 GMT
Till 17:59 14-Mar-2013 GMT
Sell
Sell at 1.43
Take profit* at 1.4252
Stop loss at 1.4332
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in the H4 time frame the price is moving in the over sold area. and in the chart the price is just break the resistance at 1.4240. this will try to move higher resistance at 1.4380 side. we can long this pair as macd is also giving us long signal.
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Gbp/chf analysis for 03.14.2013 by using pivot indicator.
r3: 1.4385
r2: 1.4302
r1: 1.4256
pivot: 1.4173
s1: 1.4127
s2: 1.4044
s3: 1.3998
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Pivot levels
R3: 1.4387
R2: 1.4304
R1: 1.4256
PP: 1.4174
S1: 1.4125
S2: 1.4042
S3: 1.3994
Comment: the trend @ 1H is now upword
Preference: take long position @ 1.4244, targets @ 1.4345 and 1.4386, stop loss @ 1.4214
Alternate scenario: by breaking the level 1.4214, take short position bleow it, targets @ 1.4149
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