i think that we should buy GBPCHF as we have a moving up trend on the daily chart so i predict that GBPCHF will move upward on the short term our tp1 will be @100% as we have a resistance level@this level.
i think that we should buy GBPCHF as we have a moving up trend on the daily chart so i predict that GBPCHF will move upward on the short term our tp1 will be @100% as we have a resistance level@this level.
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GBP/CHF
Next level of rsistence for GBP/CHF is 149500 if the pair move down if it breaks, 149878 is meet. As support we have 149000 and below 148484 Last time price was at that level reacted nice, i expect this level to hold. We can see it is near a 0.5 fibonacci number, price is trading at the moment below yesterday low.
Today Daily Pivot point for this pair is 149116
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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.
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
GBP/CHF has been moving up, it has resistence at 149186 and next level of resistence afther that will be 149604. For support we have 148323 and 1427299 At this momentIs near a 0.382 fibonacci number, price is trading at the moment below yesterday low. Last time price was at that level had a good reaction i expect this level to hold.
Today Daily Pivot point for this pair is 148557
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if we looks carefully this couple had type a 5 pattern move for the 6 apr this season and from my mtp is have arrive at the min pattern 5 stage......if the pullback modify significant pattern then we can see this cost will arrive at the other projector screen area at 14000 for the 1st move up
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Now this is the best time to short this pair as we see on the inversly corelated pair eur is challanging us doller and gaining value against it yesterday i take my position and on the other side i am expecting big gain againt it. May be a correction occure but stay with it.
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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.
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 course of the last two days very much fallen off to the south, after such a strong movement is likely the beginning of the north correction, this time a couple walked up to the 4734 level of support from her, and I think the correction will begin on the north.
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