eur/chf technical analysis by using : adx
adx : 32.5604
+di : 17.1341
-di : 4.2380
timeframe : m30
Thread: Eur/Chf
eur/chf technical analysis by using : adx
adx : 32.5604
+di : 17.1341
-di : 4.2380
timeframe : m30
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Today(8-1-13 ) pivot point are-
Resistance 3- 1.2098
Resistance 2- 1.2095
Resistance 1- 1.2088
Pivot point- 1.2085
Support 1- 1.2078
Support 2- 1.2075
Support 3- 1.2068
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.
Spoiler:
As long as price stays below 50 ema, price trend will remain bearish
During the last MACD below the level 0, the price trend will remain bearish
Trend today: Bearish
Target today: 1.2084
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Today(7-1-13 ) pivot point are-
Resistance 3- 1.2102
Resistance 2- 1.2098
Resistance 1- 1.2090
Pivot point- 1.2086
Support 1- 1.2078
Support 2- 1.2074
Support 3- 1.3066
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I dont think so .. this pair is very powerfullOriginally Posted by mouheb
thanks to clear SL level under 1.2000, which for 95% will not break, so you can easily use higher leverage
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The sideways price still look play (4h tf) and not good for make plan for New OP, I see. Look, On the closed price this week. price still move so near that pivot line 1.2088. Just ignore (first) this pair . it's better.
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Im still very bullish at this pair, thanks to continuation of SNB 1.2000 peg. My medium term target is 1.2140 - 1.2160 and longterm target 1.2420
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EURCHF tendency to rise, the pair will move within range of 1.2082 to 1.2103. As usual, this pair is always move flat, but be careful of NFP release today, it may burns this pair in volatile.
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Today(4-1-13 ) pivot point are-
Resistance 3- 1.2124
Resistance 2- 1.2114
Resistance 1- 1.2103
Pivot point- 1.2093
Support 1- 1.2082
Support 2- 1.2072
Support 3- 1.2061
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