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GBP/CHF-Retrace,reach & break 1.50 again?


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 1.4801
GBP/CHF is one of the series of high volatility currency pairs that not only translates in daily sharp moves but also the range between this pair moves from one month to another is very high. For example the last two bearish and bullish moves that occured in December sum up over 1200 pips which is quite a number for a single month.One the image bellow we can see…
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jezz avatar
jezz 2 Mar.

Since CHF pairs are pretty slow... it might sneak in

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UPDATE 3 : This prediction is interesting . Current price level is 1.4730 which is a 58 pips deviation bellow my target. What is interesting about this prediction is that even with 30 minutes to go the pair has reached ma major support zone and in only 30 minutes could reverse and rally back and recover some pips.

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FINAL UPDATE : Stttlement price was 1.4723 that beeing a 65 pips deviation from target. :(

Airmike avatar
Airmike 4 Mar.

Don't worry, next month will be better.

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Hope so :)

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NZDCAD- Retrace Lower !

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8613

NZDCAD
reached a major resistance zone at the same level with the previous one as can be seen very well in the chart below ,at (0.8783) price level.From there the trend pulled back lower . I think it will continue the bearish trend and probably will encounter some supports on the road at (0.8522) & (0.8402) price levels which were previous important resistances.
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agddivisas avatar

I agree with you!

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Metal_Mind 21 Nov.

UPDATE 1: The pair current level is 0.8626 and the pair seems to be getting even lower. The premises are very good for this prediction with 120 pips above target ,right direction and 10 days to go , this one could be proven a very good prediction.

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Metal_Mind 28 Nov.

UPDATE 2 :The current price level is 0.8591 with 83 pips above my predicted level for 2 December. This prediction is excelent and with only 2 days to go this prediction looks very good.

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UPDATE 3:Friday the paird experienced a bullish wave. Nonetheless the prediction looks good. Far from tart but good. Current price level is 0.8643 over 140 pips above target.

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