Thread: Gbp/Chf
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Daily Forecast
Pair: GBPCHF
Major Trend: Bullish
Time Frame: H1
Reason: Market began to show a bearish pattern, as a correction for the last 2 weeks. While the price is moving down towards the weekly pivot at 1.3216 price. There is also a weak support area at 1.3089 and 1.3082
Recommendation: Sell now
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Daily Forecast
Pair: GBPCHF
Major Trend: Bearish
Time Frame: Daily
Reason: Prices are still bouncing between 1.3291- 1.2738 area. predicted the price will be sideway until the closing market this week. But restrictions remain strong resistance in 1.3291
Recommendation: Sell stop at 1.3060 and sell limit at 1.3291
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pair- gbp/chf
time frame to analysis- m15
the price has been break the daily pivot point at 1.3043 level and moving up side. the rsi is going to high level 70 so it will gain down side. the price is also moving above the moving average 50. short with profit target at 1.2900 and stop loss at the 1.3155.
good luck
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I don't think that the price will break the support level at 1.2941, that's why I advise you to look only for long opportunities.
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Daily Forecast
Pair: GBPCHF
Major Trend: Bearish
Time Frame: Daily
Reason: Candle Wednesday yesterday, still no shadow underneath. To this day predicted prices will rise, most likely to the 1.3218 price. However, the pattern remains bearish
Recommendation: Sell limit at 1.3218
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pair- gbp/chf
time frame to analysis- m15
the price was break the channel pattern having resistance at 1.3325 and the support at 1.3205 level. the rsi indicator is moving out from the oversold level 30 so correction movement can expected. long with profit target at 1.3165 and stop loss at 1.3000
good luck
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Daily Forecast
Pair: GBPCHF
Major Trend: Bearish
Time Frame: Daily
Reason: Still the same reason, there is an imperfect shadow up to 1.1990 area. But look at the pattern, for today will go up. 1.3408
Recommendation: Sell Limit at 1.3408
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pair- gbp/chf
time frame to analysis- m15
the down movement of the price is correction side from the support at 1.2840 level and moving in the up trend channel pattern with having support at 1.3080 level. the price is also above the moving average 50. its down movement may continue. hold the short entry with stop loss at 1.3320
good luck
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Daily Forecast
Pair: GBPCHF
Major Trend: Bearish
Time Frame: H4
Reason: the weekly pivot point is at 1.3410 price and the price is still headed to the area to weekly correction. Predicted shadow price will close on Thursday, and if it breaks, this market will be heading to 1.1470
Recommendation: Sell Limit at 1.3410
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.
bhai ji baaki chf pairs ki tarah ye pair bhi bahut down ho chuka hai aur aapne jo support aur resistance bataye hai unka abhi koi faida nahi hai kyunki ye pair abhi bahut jada volatile market me hua hai esliye esme kaam na he karein..Originally Posted by Gamabunta
I think that after breaking the support level at 1.3942 the price will fall down more, that's why we can get in short position with take profit at 1.2362.
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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