Hello,Traders! GBP-CHF is trading along The massive support line And now we are seeing a Rebound so I think The pair will move higher Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Buying from the resistance level of 1941. Gold has broken 1938 and is holding, im predicting the further push up.
Hello, Fellow Traders, Following up on GBPCHF, our last position worked well thanks to the Falling Three Methods pattern. After that, we saw some back-and-forth, but as advised earlier, it could be a good time to get back in. We've spotted a bearish pattern near the moving averages which typically signals a good time to sell. That said, we're also near a strong...
Hello, Traders! Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum. We're also anticipating impactful GBP news in the next few hours. It's critical that...
Hey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.12250 zone, GBPCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.12250 support and resistance area. Trade safe, Joe.
This slowly becoming a favorite pair, selling but will adjust as it goes.
GBP-CHF is trading in a Downtrend and the pair Has formed a bearish flag Pattern so now that we are Seeing a bearish breakout I think that the price Will go further down!
— 4D CHART — PA is returning to MP — BLO @ 1.2475
GBPCAD is testing the 1D MA50 as Support on neutral 1D technicals (RSI = 49.135, MACD = 0.001, ADX = 29.493). This is an early buy signal. However since the long term pattern is a Channel Up, the downside potential extends as low as its bottom of the HL trendline. Throughout its formation, the 1D MA100 has constantly provided Support, more specifically three times...
I expect a strong Swiss Franc (CHF) against the British Pound (GBP) following recent events that have further weakened the US Dollar (USD). I anticipate a retracement to the 1.1130 level, where we have a Fibonacci retracement, and within that area, I will seek additional confirmation to enter a short position. Furthermore, after the interest rate hike in the UK...
The EURGBP pair is trading within a Channel Down pattern since the February 03 High and right now is attempting to make a rebound on the 1D MA50 (blue trend-line). The Resistance from the recent High is at 0.87025 (Resistance 1) and is near the spot we expect the next rejection to take place as it is also where the 1D MA200 (orange trend-line) is. We will use that...
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.86100, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86100 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPCHF for a selling opportunity around 1.11150 zone, GBPCHF was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.11150 support and resistance zone. Trade safe, Joe.
Preferred direction: SELL Comment: At the moment, one of the most promising trades in the foreign exchange market. At the level of 0.87757, two false breakouts were formed, which promises a fall to mid-term lows at the level of 0.85696. It should be noted that the level of 0.87757 is a daily level, that gives it the most important value (breaking level). The...
GBPCHF BUY AND SELL LONG analaysis. as we can see market structure starting downtrend on DAILY, but breakout SELL on H4, so the next movement that i predict the price will retrace zone (1.1312 - 1.1205) before back to the top (1.4511-1.14843) and start major downtrend till price hit 1.109525
Details on chart - looking to see how the interest rate decision comes out with the BOE before executing on trades
GBPUSD broke and closed below a key horizontal daily support and a major rising trend line. The broken support and trend line compose the supply zone now. I will expect a bearish continuation on the pair. Next support - 1.2612 ❤️Please, support my work with like, thank you!❤️
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...