Gbp/Chf

[ANDRIAS]

http://prntscr.com/55ubvq
analysis for today 11 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 11 / 12 / 2014
OPEN 1.5352
HIGH 1.5408
LOW 1.5234
CLOSED 1.5247

The third resistance (R3) 1.5408 -( 1.5296 - 1.5234 = 0.0062 x 2 = 0.0125 )= 1.5533
The second Resistance (R2) 1.5296 + 1.5408 - 1.5234 = 1.5470
First resistance (R1) 1.5296 x 2 = 3.0593 - 1.5234 = 1.5359
pivot points 1.5408 + 1.5234 + 1.5247 = 4.5889 / 3 = 1.5296
Support for the first (S1) 1.5296 x 2 = 3.0593 - 1.5408 = 1.5185
Support second (S2) 1.5296 -( 1.5408 - 1.5234 = 0.0174 ) = 1.5122
Third Support (S3) 1.5234 -( 1.5408 - 1.5296 = 0.0112 x 2 = 0.0223 )= 1.5011

[ducd3vaizo]

Daily Forecast

Pair: GBPCHF
Major Trend: Bearish
Time Frame: H4
Reason: Break Support 1.5296 which is also the pivot point today beleum corrected. RSI has cut line 50
Recommendation: Sell limit at 1.5926 with targets 1.5189

[wench]

As you can all realize there is a downward trend taking place on the GBPCHF pair indicated by the red dots appearing on the bars the price may keep going south so long it stays lower than the level 1.5422 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 1.5272 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the resistance 1.5422 and got itself a bullish signal via the blue dots in this case I do think that the price will be heading north till it hits the resistance 1.5514 which is the pivot level of the current week.
.

[ng1985]

pair- gbp/chf
analysis time frame- m30



the up movement of the price is rejecting from the resistance at 1.5400 level and break the supporting trend line with strong bearish candle. the price is now movging below the daily support 1.5291 level so correction can expected. hold the short entry with stop loss at 1.5308
good luck.

[ANDRIAS]

http://prntscr.com/55ip47
analysis for today 11 / 12 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 11 / 11 / 2014
OPEN 1.5334
HIGH 1.5368
LOW 1.5328
CLOSED 1.5352

The third resistance (R3) 1.5368 -( 1.5349 - 1.5328 = 0.0021 x 2 = 0.0043 )= 1.5411
The second Resistance (R2) 1.5349 + 1.5368 - 1.5328 = 1.5389
First resistance (R1) 1.5349 x 2 = 3.0699 - 1.5328 = 1.5371
pivot points 1.5368 + 1.5328 + 1.5352 = 4.6048 / 3 = 1.5349
Support for the first (S1) 1.5349 x 2 = 3.0699 - 1.5368 = 1.5331
Support second (S2) 1.5349 -( 1.5368 - 1.5328 = 0.0040 ) = 1.5309
Third Support (S3) 1.5328 -( 1.5368 - 1.5349 = 0.0019 x 2 = 0.0037 )= 1.5291

[ducd3vaizo]

Daily Forecast

Pair: GBPCHF
Major Trend: Bullish
Time Frame: H4
Reason: the blue area in the image is only as correction area. My prediction price will touch the 1.5349 pivot point before proceeding to the price of 1.5389
Recommendation: Buy with a target of 1.5389

[wench]

As you can all realize there is a upward trend taking place on the GBPCHF pair indicated by the blue dots appearing on the bars the price may keep going north so long it stays lower than the level 1.5272 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 1.5422 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the support 1.5272 and got itself a bearish signal via the red dots in this case I do think that the price will be heading south till it hits the support 1.5214 which is the pivot level of the current week.
.

[ANDRIAS]

http://prntscr.com/557i8g
analysis for today 11 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 11 / 10 / 2014
OPEN 1.5319
HIGH 1.5358
LOW 1.5294
CLOSED 1.5335

The third resistance (R3) 1.5358 -( 1.5329 - 1.5294 = 0.0035 x 2 = 0.0070 )= 1.5428
The second Resistance (R2) 1.5329 + 1.5358 - 1.5294 = 1.5393
First resistance (R1) 1.5329 x 2 = 3.0658 - 1.5294 = 1.5364
pivot points 1.5358 + 1.5294 + 1.5335 = 4.5987 / 3 = 1.5329
Support for the first (S1) 1.5329 x 2 = 3.0658 - 1.5358 = 1.5300
Support second (S2) 1.5329 -( 1.5358 - 1.5294 = 0.0064 ) = 1.5265
Third Support (S3) 1.5294 -( 1.5358 - 1.5329 = 0.0029 x 2 = 0.0058 )= 1.5236

[wench]

As you can all realize there is a upward trend taking place on the GBPCHF pair indicated by the blue dots appearing on the bars the price may keep going north so long it stays lower than the level 1.5272 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 1.5422 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the support 1.5272 and got itself a bearish signal via the red dots in this case I do think that the price will be heading south till it hits the support 1.5214 which is the pivot level of the current week.
.

[ng1985]

pair- gbp/chf
analysis time frame- m30



the price is break the resistance trend line at the 1.5325 level with a strong bull candle and moving to the pivot point 1.5353 level side. the rsi is also overbought level side. hold the long entry with take profit at 1.5400 and stop loss at the 1.5300
good luck.