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Thread: Gbp/Chf

  1. #7019
    Banned FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881 has a reputation beyond repute FM1881's Avatar
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    in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640

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  3. #7018
    Member Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p has a reputation beyond repute Shahzada148p's Avatar
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    movement of the price has been break the support at 1.3970 level but making strong bull candle. this bull movement is break the higher resistance at 1.4068 level. now the price is above daily resistance level three and showing overbought so correction can expected. hold the long entry with stop loss at 1.4020

    good luck.

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  5. #7017
    Banned gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale has a reputation beyond repute gale's Avatar
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    The position of the current price is below 50 EMA on the Daily chart, momentum is bearish
    The position of the MACD is currently under area 0, the momentum is bearish
    Trend today: Bearish
    Target today: 1.4375

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  7. #7016
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    The British pound, a floating currency since 1971, is the oldest legal tender still in use today. It has maintained strength over the years for many reasons including strength in its major industries: manufacturing, agriculture, energy, and services. GBP is number three as a reserve currency and the fourth most internationally traded currency. The bank of England, located in London, is the governing body for GBP. London is also the premier hub for forex trading. In 2008 GPB began to inflate rapidly. In spite of its membership in the European Union, the United Kingdom has been reticent to convert to the euro and there is little reason to expect a change in this decision.

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  9. #7015
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    This pair has a bullish trend for now and is yet to reach even 1 hour overbought so the bullish nature of this pair may continue The pair should reach 1.5464 by monday or tuesday ceteris paribus....all things been equal
    In recent weeks, a couple of very good rose yesterday painted a new high, and the Stochastic Oscillator can see some divergence, so could well be, if not completely reverse, then rolled back to 1.5340 we can expect ...

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  11. #7014
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    in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640

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  13. #7013
    Banned FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127 has a reputation beyond repute FM2127's Avatar
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    in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640

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  15. #7012
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    in time frame h4 analysis with stoch and cci- we can see that price is oversold are and cci is moving to up side. but now long position is not good because it is in down trend and pivot point may be act as resistance at 1.4567 so we must wait to break the lower trend line. look in the long position at 1.4640 The pair is likely up to reach its daily pivot level 1.4569. If it rejected by pivot, the pair will likely fall towards 1.4493 and may continue to 1.4450, however if pivot is broken, it is possible to climb up towards 1.4688

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  17. #7011
    Senior Member afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali has a reputation beyond repute afzalali's Avatar
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    today GBP/CHF Technical analysis:

    Resistance 1 1.2760
    Resistance 2 1.2778
    Resistance 3 1.2792

    Support 1 1.2720
    Support 2 1.2706
    Support 3 1.2694
    Fall seven times and Stand up eight.

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  19. #7010
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    herefore, this correction was more aggressive. Friday was closed on the support of 1.29, and a break-up can slide to 1.25 and below. However, if the GBP crosses above 1.2 it will be a positive signal for it and a negative for the Swiss currency.

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