empty
 
 
28.11.2014 08:55 AM
Technical analysis of GBP/CHF for November 28, 2014

This image is no longer relevant

Technical outlook and chart setups:

The GBP/CHF pair is trading at the 1.5170 levels for now and could be looking to push higher towards at least 1.5270, which is also the fibonacci 0.618 resistance of the drop from 1.5450 to 1.4950 levels earlier. Also note that 1.5300 is past support turned resistance now and hence a reaction could be expected there. Immediate resistance is at 1.5300, followed by 1.5450, 1.5475 and higher while support is seen at 1.5120, followed by 1.5020, 1.4950 and lower respectively. It is recommended to remain long for now, with risk at 1.5000 levels. Bulls could remain in control till at least 1.5300 if not higher.

Trading recommendations:

Remain long, stop is at 1.5, the target is at 1.53.

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