Thread: Eur/Chf
Couple pretty recently broke the top level of the channel, within which was a long time ago. Therefore expect the upward trend in order to 1.2545. For the purpose of taking the next level of resistance see 1.26. As for the possible motion for a fall, it can be considered only after crossing the MACD and the transition rates in the bottom of the channel Bollinger.
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buy eur/chf at the level 1.2433 with targets at 1.2541 and 1.2584, but in case of breaking the level 1.2402, then sell at this level with targets at 1.2318 and 1.2264
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eur/chf technical analysis by using : adx
adx : 30.0206
+di : 28.8958
-di : 9.1074
timeframe : h4
time : 0800
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Technical Analysis EUR CHF pair rebounded today from the point of resistance at 1.2456 but still has the rise of what I think to 1.2492 levels and bounce, God willing
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EURCHF previous day range 83 points, 25% of the range is 21 points
Enter Buy at 1.2443, stop loss at 1.2401, take profit can be set at 1.2491
enter Sell at 1.2401, stop loss at 1.2443, take profit can be set at 1.2373
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Spoiler:
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: 1.2537
Stop Loss :1.2370
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Analysis result EUR CHF 25-01-2013
SIDEWAYS, UP TREND (WEAK)
Signal 20 pips : BUY @ 1.2429 Set S/L @ 1.2399 Set TP @ 1.2449
Signal Breakout : BUY @ 1.2449 Set S/L @ 1.2419 Set TP @ 1.2469
Reversal Prediction HIGH : 1.2480
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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.
this set rised although not gotten to our own goal in addition to rebounded until finally this assistance amount, consequently
now: upward movements expected again until finally this tendency brand when you see inside data.
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