empty
 
 
24.09.2014 05:19 AM
Technical analysis of GBP/CHF for September 24, 2014

This image is no longer relevant

Technical outlook and chart setups:

The GBP/CHF is stalling around 1.5400 levels, just ahead of resistance at 1.5450 levels for now. The pair could be carving out a lower top, and preparing to drift lower into 1.5230 levels before rallying again. Please also note that 1.5230 is fibonacci 0.618 support of the rally between 1.5093 and 1.5450 as seen here. Furthermore, it is also converging with the past resistance turned support region, depicted here as 1.5220/30. An aggressive trade strategy would warrant a short position now, with risk above 1.5450 while a conservative way would be to remain flat for now and wait for prices to come towards 1.5230 levels before turning long. Chart support is seen at 1.5090, followed by 1.4975 and lower, while resistance is seen at 1.5450 respectively.

Trading recommendations:

Remain flat for now and look to enter around 1.5230 OR Initiate short positions, stop above 1.5450 target is 1.5230/40.

Good luck!

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2026
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 $8000 mais!
    Em Março nós sorteamos $8000 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