empty
 
 
07.11.2014 10:46 AM
Technical analysis of GBP/CHF for November 07, 2014

This image is no longer relevant

Technical outlook and chart setups:

The GBP/CHF pair is stalling in a range for now. Support of the range is 1.5300 and resistance is around the 1.5450 mark. The pair needs to break out of the above boundary to accelerate moves on either side. It is still recommended to remain short with risk above 1.5550. The pair could accelerate downside on a break below 1.5300/1.5200 levels. Resistance is fixed at 1.5475 and 1.5550 while support is fixed at 1.5300, followed by 1.52/1.51, 1.4975 and lower respectively. On the other hand, a break above 1.5475 could break through fresh highs.

Trading recommendations:

Remain short, stop above 1.5550, target is open.

Good luck!

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback