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how are you
we can see in the 1d chart
the pair can not close down the broken up trend lin
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elliott extended impulse wave up 1.4641 while below 1.4613 - 1.4667 it is more likely to fall futher towards 1.4518 or 1.4476 premature rise above 1.4667 could see it rising a bove 1.4751 zone
support and resistances
res2 1.4751
res1 1.4667
pivot 1.4560
sup1 1.4476
sup2 1.4369
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Gbp/chf pivot levels by using fibonacci pivot indicator.
r3; 1.4755
r2: 1.4681
r1: 1.4635
pivot : 1.4561
s1: 1.4487
s2: 1.4441
s3: 1.4367
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.
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.
time frame- H1
the price is rejected from the resistance at the 1.4665 and move down side but the pivot point hold its down movement and at the time rsi is also moving to the down side. we can short this pair with breaking support at the 1.4555 and target to the 1.4465
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Pivot levels today:
R3: 1.4868
R2: 1.4755
R1: 1.4675
PP: 1.4562
S1: 1.4482
S2: 1.4369
S3: 1.4289
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 1.4755.
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.
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.
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.
Gbp/Chf Calculation results Pivot Today, 04/26/2013
Resistance 2 = 1.4722
Resistance 1 = 1.4613
Pivot Point = 1.4532
Support 1 = 1.4423
Support 2 = 1.4342
Buy = 1.4382
Take Profit = 1.4667
Stop loss = 1.4262
Sell = 1.4667
Take Profit = 1.4382
Stop loss = 1.4832
This analysis is positioned as an information, not contained or solicitation is open to any position of financial instruments. All decisions taken by the trader is a trader full responsibility.
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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.
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