Gbp/Chf

[BURHANFX]

http://prntscr.com/3q8c43
analysis for today 6 / 6 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5030
Retracement (50%) 1.5049
retracement (61,8%) 1.5067

Extensions (61.8%) 1.4871
Extensions (100.0%) 1.4810
Extensions (138.2%) 1.4749
Extensions (161.8%) 1.4712
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3q3s5e
analysis for today 6 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 6 / 5 / 2014
OPEN 1.5015
HIGH 1.5128
LOW 1.4969
CLOSED 1.4990

The third resistance (R3) 1.5128 -( 1.5029 - 1.4969 = 0.0060 x 2 = 0.0120 )= 1.5248
The second Resistance (R2) 1.5029 + 1.5128 - 1.4969 = 1.5188
First resistance (R1) 1.5029 x 2 = 3.0058 - 1.4969 = 1.5089
pivot points 1.5128 + 1.4969 + 1.4990 = 4.5087 / 3 = 1.5029
Support for the first (S1) 1.5029 x 2 = 3.0058 - 1.5128 = 1.4930
Support second (S2) 1.5029 -( 1.5128 - 1.4969 = 0.0159 ) = 1.4870
Third Support (S3) 1.4969 -( 1.5128 - 1.5029 = 0.0099 x 2 = 0.0198 )= 1.4771

[ng1985]

pair- gbp/chf
chart analysis time frame- m30



the up movement of the price has been break the support at 1.4990 level but making strong bull candle. this bull movement is break the higher resistance at 1.5080 level. now the price is above daily resistance level three and showing overbought so correction can expected. hold the long entry with stop loss at 1.5020

good luck.

[Emi]

http://prntscr.com/3pspo1
analysis for today 6 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 6 / 4 / 2014
OPEN 1.5011
HIGH 1.5025
LOW 1.1985
CLOSED 1.5014

The third resistance (R3) 1.5025 -( 1.4008 - 1.1985 = 0.2023 x 2 = 0.4046 )= 1.9071
The second Resistance (R2) 1.4008 + 1.5025 - 1.1985 = 1.7048
First resistance (R1) 1.4008 x 2 = 2.8016 - 1.1985 = 1.6031
pivot points 1.5025 + 1.1985 + 1.5014 = 4.2024 / 3 = 1.4008
Support for the first (S1) 1.4008 x 2 = 2.8016 - 1.5025 = 1.2991
Support second (S2) 1.4008 -( 1.5025 - 1.1985 = 0.3040 ) = 1.0968
Third Support (S3) 1.1985 -( 1.5025 - 1.4008 = 0.1017 x 2 = 0.2034 )= 0.9951

[BURHANFX]

http://prntscr.com/3plniv
analysis for today 6 / 4 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5022
Retracement (50%) 1.5033
retracement (61,8%) 1.5043

Extensions (61.8%) 1.4937
Extensions (100.0%) 1.4905
Extensions (138.2%) 1.4873
Extensions (161.8%) 1.4852
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3ph4jf
analysis for today 6 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 6 / 3 / 2014
OPEN 1.5048
HIGH 1.5075
LOW 1.4990
CLOSED 1.5010

The third resistance (R3) 1.5075 -( 1.5025 - 1.4990 = 0.0035 x 2 = 0.0070 )= 1.5145
The second Resistance (R2) 1.5025 + 1.5075 - 1.4990 = 1.5110
First resistance (R1) 1.5025 x 2 = 3.0050 - 1.4990 = 1.5060
pivot points 1.5075 + 1.4990 + 1.5010 = 4.5075 / 3 = 1.5025
Support for the first (S1) 1.5025 x 2 = 3.0050 - 1.5075 = 1.4975
Support second (S2) 1.5025 -( 1.5075 - 1.4990 = 0.0085 ) = 1.4940
Third Support (S3) 1.4990 -( 1.5075 - 1.5025 = 0.0050 x 2 = 0.0100 )= 1.4890

[ng1985]

pair- gbp/chf
chart analysis time frame- m30



the price is now at the strong support trend line at 1.5000 level and this may hold the down movement. the rsi indicator is also below the 50 level so its up movement can see. long if the price break the pivot point at 1.5022 and the take profit at 1.5060. stop loss below the supporting trend line at 1.4875
good luck.

[BURHANFX]

http://prntscr.com/3pa807
analysis for today 6 / 3 / 2014
GBP/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5013
Retracement (50%) 1.5021
retracement (61,8%) 1.5029

Extensions (61.8%) 1.4947
Extensions (100.0%) 1.4922
Extensions (138.2%) 1.4897
Extensions (161.8%) 1.4881
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- gbp/chf
chart analysis time frame- m30



the price is rejecting up movement form the daily resistance at the 1.5071 and falling down with making a bearish engulfing candlestick pattern. now the price is hit lower supporting trend line at the 1.5001 and this may move up side. long with profit target at the 1.5060

good luck.

[Emi]

http://prntscr.com/3p5woi
analysis for today 6 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCHF on the date 6 / 2 / 2014
OPEN 1.5002
HIGH 1.5054
LOW 1.4988
CLOSED 1.5048

The third resistance (R3) 1.5054 -( 1.5030 - 1.4988 = 0.0042 x 2 = 0.0084 )= 1.5138
The second Resistance (R2) 1.5030 + 1.5054 - 1.4988 = 1.5096
First resistance (R1) 1.5030 x 2 = 3.0060 - 1.4988 = 1.5072
pivot points 1.5054 + 1.4988 + 1.5048 = 4.5090 / 3 = 1.5030
Support for the first (S1) 1.5030 x 2 = 3.0060 - 1.5054 = 1.5006
Support second (S2) 1.5030 -( 1.5054 - 1.4988 = 0.0066 ) = 1.4964
Third Support (S3) 1.4988 -( 1.5054 - 1.5030 = 0.0024 x 2 = 0.0048 )= 1.4940