Thread: Gbp/Chf
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Pivot levels today:
R3: 1.4828
R2: 1.4794
R1: 1.4771
PP: 1.4735
S1: 1.4713
S2: 1.4678
S3: 1.4656
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 1.4749.
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gbp/chf technical analysis by using : average directional movement index
adx : 30.7101
+di : 28.7573
-di : 8.3432
timeframe : h1
time : 0700
date : 21.05.13
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Gbp/chf pivot levels by using fibonacci pivot indicator.
r3: 1.4798
r2: 1.4776
r1: 1.4762
pivot : 1.4739
s1: 1.4717
s2: 1.4703
s3: 1.4680
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the pair can close up the up trend line
i see the pair will go to up way to 1.4847
stochastic refers that the pair will go up
so our target buy from 1.4747 and our target will 100pips
thanks
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GBPCHF,H1
Date 2013.05.21
Time 01:00
Open 1.4748
High 1.4753
Low 1.4742
Close 1.4747
Volume 180
SMA(5) 1.4748
SMA(10) 1.4739
SMA(20) 1.4731
SMA(50) 1.4735
SMA(100) 1.4727
SAR 1.4708
Indicator window 1
Stoch(5,3,3) 80.3738
Signal 81.0542
Indicator window 2
RSI(14) 55.1141
Indicator window 3
MACD(12,26,9) 0.00035
Signal -0.00001
Indicator window 4
%R(14) -16.0714
based on combination of indicators above,
trend : NEUTRAL
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elliott irregular flat correction up 1.4855 strength can extend to 1.4782 or even 1.4812 as declines atre expected to find support at 1.4752 or 1.4724
support and resistances
res2 1.4868
res1 1,4812
pivot 1.4752
sup1 1.4695
sup2 1.4636
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GBP/CHF will fall down to 1.4470 in the next 1-3 weeks. (it is about 280 pips)
The first resistance level is 1.4567 (about 80 pips), the price will probably reach it in 1-2 days.
Highly recommended to open sell positions and keep them opened until reach at least 1.4567
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we can see in the 1w chart
I see the pair will go to down way to 1.4528
stochastic refers that the pair will go down
so our target sell from 1.4728 and our target will 200pips
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i like to short this pair @ 1.4740 to 1.4750 range
my stop loss of the day @ 1.4788
half take profit @ 1.4710
and half @ 1.4667
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