It's important to notice that there's a previous consolidation area 1.2590-1.2400 marked on the chart which is considered an important support.
Thread: Gbp/Chf
It's important to notice that there's a previous consolidation area 1.2590-1.2400 marked on the chart which is considered an important support.
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.
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
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.
I expect a rebound from the support at 1.3620 and a new appreciation of the GBP toward the resistance near 1.3900. The quote is above all the three MA's, MACD is at a positive territory, stochastic is in the overbought zone but still not signaling for a drop-the indicators send signals for long.
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.
If a M15 close above 1.3200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3100 sell only and do not buy. If price closes back above it again do nothing
The range 1.3200 and 1.3100 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.
Risk of a break lower would see a test of support at 1.2445/05 next. Above resist at 1.2885/1.2905 turns more constructive.
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.
If a M15 close above 1.3300 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3200 sell only and do not buy. If price closes back above it again do nothing
The range 1.3300 and 1.3200 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.
Abubakar 148 (2020-08-18)
GBP/CHF was trading at 1.2779, down 0.04% at time of writing.
The pair was likely to find support at 1.2522, Fridays low, and resistance at 1.3387, Wednesdays high.
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.
A failed attempt to breach above the 38.2% Fibonacci extension at 1.3190 today supports this view and accordingly our bias on the pair remains weighted to the downside.
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.
With the pair remaining in the encompassing channel formation and recent strength in the swissie, todays scalp once again targets the downside as ongoing concerns regarding the US debt debate see haven flows diverted from the dollar into the swissie and the yen.
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.
As expected, the 4-hour Rotation line did not let positive players go up and the correction on the GBP/CHF market did not succeed. Instead the bears took the initiative and formed a new all-time high by declining the price to the 1.3260 level.
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
