Subscribewe can see that the pair has closed it's daily candle above 1.4200 . so , that's means that up trend is expected and the pair might head to 1.4235 and then 1.4270 ,but also the hourly correction is expected before continue in the up trend
Thread: Gbp/Chf
we can see that the pair has closed it's daily candle above 1.4200 . so , that's means that up trend is expected and the pair might head to 1.4235 and then 1.4270 ,but also the hourly correction is expected before continue in the up trend
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If a M15 close above 1.4000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3800 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3800 is neutral area, any trade done in between is personal decision and not part of this analysis
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the pair and as we can see from the chart is trading now above the level of 1.4100 , so when ever the pair success in breaking 1.4000 , that's mean the down trend will be assured and the pair might head to 1.3970 and then 1.9740
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If a M15 close above 1.4000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3900 sell only and do not buy. If price closes back above it again do nothing
The range 1.4000 and 1.3900 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Outlook for the cross continues to point higher suggesting a resumption of its short uptrend triggered from the 1.1465 level is imminent
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The price of the GBPCHF is trying to pull back, though the underlying trend is bullish. With this view, the price movement is still range bound. One way of handling this situation is to buy a pullback, more preferably at a strong support level. Yet, market conditions remain uncertain.
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as we can see the last week candle formed bullish for this pairand should test the nearest resistant level at 1.448 and would face the down trend nearby .
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I think we will see Huge Up movements for this pair
The pair could break the daily down trend and also break R @ 1.4090
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as what i can see now in the hourly shart this pair is bearish the parabolic sar is down the macd is below the o level the rsi is below the 50 level
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as what i can see in the hourly shart i think the pair want to retir in bulish after close abouve the 1.4030 so wait for the macd end rsi to give the same signal to confirm the up
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