Thread: Gbp/Chf
Gbp chf
As per analysis, Bearish trend seems to be there in market and the price will go down.
I recommend Sell signal on it.
Support Levels:-
Support1: 1.2913
Support2: 1.294
Support3: 1.295
Resistance Levels:-
Resistance1: 1.2977
Resistance2: 1.2994
Resistance3: 1.3021
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:Gbp/Chf
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1.3020
2# Resistance is: 1.3037
3# Resistance is: 1.3064
Supporting level of this pair is :
1# Supporting is: 1.2965
2# Supporting is: 1.2948
3# Supporting is: 1.2920
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the more probably trend here = bearish. And I see this bearish supported by the price that now on was near overbought area. For today move = I see this pair will probably more bearish if then price can break down to that 23.6 fib line (1.5303) = break from top.
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If we look on daily time frame, we can see that the previous candle is a bullish engulfing candle. So, according to that candle, I think GBPCHF has a possibility to go up today. I think this pair may reaches the resistance level at 1.4245. Then, if GBPCHF can also break that resistance, the bullish movement may continue to the higher one at 1.4296.
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my analysis of Gbp/Chf
Resistance and Supporting level today,s
Today Trend is:bullish
Resistance level today,s is
First Resistance is:1.3121
Second Resistance is: 1.3129
Third Resistance is: 1.3137
Supporting levels today,s is
First Support is: 1.3109
Second Support is:1.3101
Third Support is:1.3092
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The position of the current price is below 50 EMA on the hourly chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:1.4164
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ab mere khayal se isse 1.3780 tak jane ke ache chances h..iski buying ki ja sakti hai monday ko if price break the low we will see further landing on this pair
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as we can see from the chart , the pair is trading under the level of 1.3000 , that's mean if the pair succeeded in breaking 1.3000 it will continue in uptrend to 1.3040 and then 1.3080 , but if the pair bounced from 1.3000 , it will continue in the down trend heading to 1.2970 and 1.2940
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Technical analysis of Gbp/Chf is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.3118
2> Resistance level is: 1.3127
3> Resistance level is: 1.3136
Supporting level is
1> Supporting level is: 1.3104
2> Supporting level is: 1.3095
3> Supporting level is: 1.3086
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Gbp/Chf
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1.3020
2# Resistance is: 1.3037
3# Resistance is: 1.3064
Supporting level of this pair is :
1# Supporting is: 1.2965
2# Supporting is: 1.2948
3# Supporting is: 1.2920
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.
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