empty
 
 
24.02.2015 01:14 PM
Technical analysis of GBP/CHF for February 24, 2015
This image is no longer relevant

Technical outlook and chart setups:

The GBP/CHF pair dropped to the levels of 1.4400 on Friday as it was expected,but rallied back higher into the 1.4700 handle again yesterday. The pair remained shy of stops placed at the levels of 1.4730 and is seen to be trading at the levels of 1.4660/70 for now. GBP/CHF needs to break below 1.4400 to confirm that a top is in place and produce a deeper correction. It is recommended to hold short positions with risk at the levels of 1.4730. On the flip side, a push above 1.4720 would be further bullish and would test 1.5150. Immediate support is seen at the levels of 1.4400/10, while resistance is seen at 1.5150, respectively.

Trading recommendations:

Remain short, stop at 1.4730, 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