empty
 
 
09.11.2011 04:43 PM
EUR/JPY Buy Above 103,60 November 09, 2011 (Daily Strategy)

This image is no longer relevant

Technical outlook and chart setups:

1. The GBP/CHF pair is seen to be reversing right at the trend line resistance. It is currently trading at 1.3700 levels and is expected to continue drifting further down. Aggressive trade setup would be to initiate short positions now, risk remains above 1.4850. More conservative approach is to remain flat and allow the bearish setup to complete.

2. Immediate resistance is at 1.4850/60, followed by 1.4950 and 1.5120 while supports are spread through 1.4470, 1.4350 and lower respectively.

3. The structure indicates GBP/CHF maybe preparing to resume its downtrend that had broadly begun from the 1.5120 levels. Prices should come down towards the mid 1.4600 levels to confirm the same though.

Trading recommendations:

Aggressive trade setup would be to short at the current price, stop is at 1.4850/60, target is open. Conservative setup would be to remain flat.

Ringkasan
Segera
Analitic
InstaForex Analyst
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget