Sell $EURUSD at 1.2785 stop 1.281 targets 1.275 and 1.27. GBPUSD: Sells Off, Eyes The 1.5911 level
Thread: Gbp/Chf
Sell $EURUSD at 1.2785 stop 1.281 targets 1.275 and 1.27. GBPUSD: Sells Off, Eyes The 1.5911 level
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mai abhi naya hu muje is pair ke bare me kuch bhi malum nahi hai lekin agar kisiko is pair ke bare mai achi jankari hai to plz bata dijiye kyuki mai is pair ke bare mai janana chahta hu
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this pair had form a 5 wave swing for the 6 april this year and from my mtp is have reach the min wave 5 level......if the pullback change major trend then we can see this price will reach the opposite
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until now i dont have take any bossition on this and i hope i can have more informations about it
for this days comes and having trade on trade
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The pair now is facing strong levels (down weekly trend+
daily resistance level +daily fibo level + weekly fibo level)
so falling down expected
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I did trade with this pair but spread is very high in this pair for this reason i do not trade with this but fluctuation is very good trader can get 50 pips from this pair easily if they have good knowledge about this market.
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If the movement of this pair is below 1.4950 should increasingly drove the movement down towards 1.4800 and lower.
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Gbp/chf technical analysis for 08.11.2012 by using : Auto pivot indicator.
resistance 3:1.5240
resistance 2:1.5185
resistance 1:1.5144
pivot point :1.5089
support 1:1.5048
support 2:1.4993
support 3:1.4952
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Elliott: irregular flat correction up 1.5151
Our preferred outlook is for a drift down to 1.5056 or below 1.5029. Resistances are at 1.5083 and 1.5087. A rise above 1.5113 would delay but not abort this expected fall.
Warning: End of trend
Technical points
Key point 1.5091
Entry point 1.5086
Elliott 1.4955
Closing 1.5083
Projection 1.5114
Trendline 1.5086
Trendline 1.5086
Supports / Resistances
Res 2 1.5144
Ex-High 1.5117
Res 1 1.5113
Pivot 1.5087
Sup 1 1.5056
Ex-Low 1.5060
Sup 2 1.5029
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Gbp/chf technical analysis for 07.11.2012 by using : Auto pivot indicator.
resistance 3:1.5175
resistance 2:1.5147
resistance 1:1.5115
pivot point :1.5087
support 1:1.5055
support 2:1.5027
support 3:1.4995
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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