date : 31 october 2013
PAIR : GBPCHF
S3 : 1.4312
S2 : 1.4341
S1 : 1.4382
Pivot : 1.4419
R1 : 1.4456
R2 : 1.4489
R3 : 1.4518
date : 31 october 2013
PAIR : GBPCHF
S3 : 1.4312
S2 : 1.4341
S1 : 1.4382
Pivot : 1.4419
R1 : 1.4456
R2 : 1.4489
R3 : 1.4518
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Standart Pivot Point - Support - Resistance
Update: 31 Oct 2013 21:52
Time Frame : Daily
PAIR : GBPCHF
LOW : 1.4372
HIGH : 1.4446
CLOSE : 1.4421
S3 : 1.4306
S2 : 1.4339
S1 : 1.438
Pivot : 1.4413
R1 : 1.4454
R2 : 1.4487
R3 : 1.4528
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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.
the price break the support after the continuation sell off on the gbpcross but it seems the movement is out off steam.....is this pair find the bottom like gbpusd or it want to go deeper.....let wait and see
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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.
analysis for today 10 / 31 / 2013
My daily trading,I hope the day is a success ...
GBP/CHF (Daily Trade)
Resistance : R1 1.4490 R2 1.4515 R3 1.4535 R4 1.4565
Support : S1 1.4360 S2 1.4335 S3 1.4315 S4 1.4285
Open : 1.4419
High : 1.4435
Low : 1.4415
Range : 20 Pips
Running Price : 1.4429
For intraday trade today suggest BUY at the level 1.4429 stop loss at the level 1.4360 target take profit at the level 1.4535 or at the level 1.4565
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Pair= GBPCHF
Result DeMark Pivot Point today 2013.10.31
S1= 1.4396 ,R1= 1.447 ,O = 1.4420 ,H= 1.4446 ,L= 1.4372 ,C= 1.4421
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Fibonacci pivot point result dayly 2013.10.31
Pair = GBPCHF
Resistance 3 = 1.4487
Resistance 2 = 1.4459
Resistance 1 = 1.4441
Pivot Point = 1.4413
Support 1 = 1.4385
Support 2 = 1.4367
Support 3 = 1.4339
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in 15min chart today
after little up movement this pair going down
the price try to gain go back to break the support area
I will sell at 1.4418
TAKE PROFIT 1: 1.4370
STOP LOSE 1: 1.4320
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Today at date 2013/10/31 on the pairs GbpChf at market time on 02.46 I analyze from chart that's the time frame on M5, M15, M30, H1, H4, M1, and D1 outline leads to more down trend condition, and the Bollinger Bands indicator is also up trend and MACD indicator is indicated overbought signal and support resistance is showing below
- R3 : 1.454
- R2 : 1.4499
- R1 : 1.4466
- Pivots : 1.4425
- S1 : 1.4392
- S2 : 1.4351
- S3 : 1.4318
so I can recommend you to hold and wait or instant order with open position BUY with SL=1.4406 and TP=1.4466
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