empty
 
 
27.10.2015 02:03 PM
Technical analysis of GBP/CHF for October 27 2015

This image is no longer relevant

Technical outlook and chart setups:

The GBP/CHF pair has almost taken out initial resistance at the 1.5120 levels as expected and discussed earlier. The pair has also broken out of the interim resistance trend line as seen here, which would provide support on a retracement. The pair can now produce a meaningful retracement towards at least 1.4800 in the coming sessions. It is hence recommended to remain flat for now and look to buy at lower levels. Immediate support is seen at the 1.4920 levels, followed by 1.4750 and lower, while resistance is seen at the 1.5120 levels, followed by 1.5350, 1,5400/10 and higher.

Trading recommendations:

Remain flat for now and look to buy lower.

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