empty
 
 
05.11.2013 02:22 PM
GBPCHF rally poised to gather pace. Remain long

This image is no longer relevant

Technical outlook and chart setups:

The currency pair should gather pace on the higher side after bouncing off the fibonacci 0.618 retracement levels at 1.4380/1.44 recently. It is, hence, recommended to hold long positions for now and also look to add further on dips. Initial support is at 1.4350 (intermediary), followed by 1.4200, and 1.4075, while resistance is at 1.48 followed by 1.5 respectively. The extension levels are pointing towards the 1.49 levels, which are convergence of retracement from 1.54 to 1.40 and extension from 1.4075 to 1.46 respectively. We would look to enter selling at the 1.49 levels from here on.

Trading recommendations:

Hold on to long positions, set stop below 1.43, target is at 1.49

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback