Gbp/chf technical analysis for 03.21.2015 by using : Auto pivot indicator.
resistance 3:1.5085
resistance 2:1.4958
resistance 1:1.4839
pivot point :1.4583
support 1:1.4421
support 2:1.4253
support 3:1.4130
Thread: Gbp/Chf
Gbp/chf technical analysis for 03.21.2015 by using : Auto pivot indicator.
resistance 3:1.5085
resistance 2:1.4958
resistance 1:1.4839
pivot point :1.4583
support 1:1.4421
support 2:1.4253
support 3:1.4130
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March 20, 2015 update:
The price of the pair moves starting wave (1.4962) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4756) and (1.4768 It is worth mentioning that the current wave goal access to the area (1.4529) and with respect to trades that day will be watching the movement Price among level (1.4530) and level (1.4663) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4581) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4807) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4526) - the second support (1.4440) - First resistance (1.4752) - second resistance (1.4893).
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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.
March 19, 2015 update:
The price of the pair moves starting wave (1.4962) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4755) and (1.4859 It is worth mentioning that the current wave goal access to the area (1.4529) and with respect to trades that day will be watching the movement Price among level (1.4675) and level (1.4741) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4554) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4858) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4546) - the second support (1.4397) - First resistance (1.4851) - second resistance (1.5007).
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If we look the current condition in the market, GBPCHF is moving in a strong bullish movement now and is also touching the resistance level at 1.4918. Based on this situation, I think GBPCHF will be able to break this resistance level and continue going up to the next resistance level at 1.4960. But if GBPCHF fail to break this resistance, this pair will falls and reverses to the support level at 1.4575.
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The price of the pair moves starting wave (1.4769) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4875) and (1.4883 It is worth mentioning that the current wave goal access to the area (1.5032) and with respect to trades that day will be watching the movement Price among level (1.5010) and level (1.4909) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4813) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4956) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4855) - the second support (1.4762) - First resistance (1.4998) - second resistance (1.5049).
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Go to the outside of the paper is losing momentum, every hour on the price chart at 1.4847 1.4755 1.4992 1.5045 and support at 1.4900 daily protests at the center daily transaction date and that it is indicat endure 1.4755 shares trade tends to reduce prices are again, if
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the daily out look the uptrend is losing its momentum the price on the hourly time frame is trading at its daily pivot at 1.4900 the daily resistance is at 1.4992 and 1.5045 the daily support is at 1.4847 and 1.4755 if the price trade down 1.4755 that indicat that the retracment is over and the downtrend is again on
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Hello from listening to the speech and knows how after consideration referred to know what the future spouse, but it is known fact experienced
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Daily Forecast
Pair: GBPCHF
Major Trend: Bullish
Time Frame: H1
Reason: Market still going strong resistance at 1.5045 retest, seen from the RSI are not able to break the line 50. However, to this day the market is predicted to still be touching the pivot point at 1.4900
Recommendation: Buy limit at 1.4900
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