empty
 
 
07.02.2013 10:52 AM
GbpChf consolidating between 1.4170-1.4250 with upward bias

This image is no longer relevant

Technical outlook and chart setups:

A short term 1H chart view is presented here. It is indicating consolidating price movement between 1.4175 and 1.4275/1.4300 at the moment. Intermediary support is at 1.4175 and a break below would target 1.4100 level before a meaningful counter trend rally can be expected. Immediate resistance is seen at 1.4350/60 levels, followed by 1.4450 and higher. A break above 1.4300 region again would push prices to at least 1.4400/50 from here. With not much conviction seen, it is recommended to refrain from taking fresh positions at the moment. Please trade on a clear breakout on either direction mentioned above.

Trading recommendations:

Existing buy positions can be held with stop at 1.4150 and target at 1.4400/50. Take fresh positions in the direction of breakout.

Good Luck!

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback