pepy Posted May 27, 2016 Share Posted May 27, 2016 GBPCHF daily chart formed bearish engulfing pattern with RSI(14) fall to the area of 66. Stochastic also fall to the area of 72. Macd on the other side reached its higher lower, but overall the sentiment of bearish is strong and the price may fall to support area at 1.4370. Quote Link to comment Share on other sites More sharing options...
pepy Posted May 30, 2016 Author Share Posted May 30, 2016 On H1 timeframe gbpchf's price is rising and able to break upper band and closed above of the border between. RSI(14) represent the line rise to area 56. Stochastic ascend to the area 76, while Macd rise to above zero level, overall the price's bias is strong bullish. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 8, 2016 Author Share Posted June 8, 2016 The strengthening of GBPCHF yesterday seems got reaction from seller which suddenly push the price to keep it below MA 100. Today there is possibility buy and sell will "fight" to each other to get better position, but seller my still able to dominate the market and push the price down to level 1.38807 Quote Link to comment Share on other sites More sharing options...
pepy Posted June 9, 2016 Author Share Posted June 9, 2016 GBPCHF all along of yesterday's chart still cannot break 1.39200 and the price is floating around area 1.3910-1.3920. On H4 chart, RSI(14) fall to level 28, while Stoch(5,3,3) also fell to level 23. MACD on the other hand forms lowers high which overall makes the bias is tend to be sideways just like the movement of this pair now. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 13, 2016 Author Share Posted June 13, 2016 H1 chart. GBPCHF observed descend to the lower level and successfully break support level which is the psychological level at 1.37000 plus the price closed below lower band. Stochastic (5,3,3) descend to 9 which means in oversold area. RSI(14) descend to area 30, while Macd (12,26,9) forms lowers low. Bias is strong bearish and may touch support at level 1.36002 before start to rebound. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 20, 2016 Author Share Posted June 20, 2016 Just like what happened to GBPJPY, gap formed on this morning's opening of GBPCHF on H1 Chart after the break up of IB pattern last weekend. This could be signal the trend reversal to bullish but still be careful wit rumour and sentiment from UK referendum this week which probably could turn the table. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 9, 2016 Author Share Posted July 9, 2016 It seems doji formed on 30 minutes chart also in 1 hour chart, and after that bearish engulfing pattern followed where the price successfully break mid band and closed below. Stochastic (5,3,3) seems fall to around level 24. Rsi (14) fall to area around 47, and Macd (12,26,9) shows sideways divergence. Bias is limited downward movement up to lower band at 1.26150. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 15, 2016 Author Share Posted July 15, 2016 Bearish engulfing pattern spotted in previous candle, followed by bearish candle indicated strong bearish sentiment on H1 chart of GBPCHF. With the price break today's pivot pint at 1.30601. Other indicators such as Macd (12,26,9) forms higher low, while Stochastic (5,3,3) fall to around area 28 and RSI(14) fall to area 48. Bearish bias today seems targetted the price to fall at first support(1.29194). Quote Link to comment Share on other sites More sharing options...
pepy Posted July 22, 2016 Author Share Posted July 22, 2016 The current condition of GBPCHF is just below the daily pivot line also below Moving Average(20). This pair also indicated to keep moving below Moving Average(3). RSI on the hand is keep rising and now is noticed at level 50, while Stochastic is keep moving and now observed on level 65. Today's prediction it seems that GBPCHF won't have much bullish effect so it mean is bearish. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 8, 2016 Author Share Posted August 8, 2016 H4 chart. GBPCHF is moving below EMA50 and EMA100, and with the current condition it seems that GBCHF is under bearish pressure on H4 chart. Stochastic also still open and rise to above level 80 and it means that the price is around overbought area indicated that the price may make its turn. With those two scenario i think the logic way is by prefer SELL since bearish trend is so clear. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 15, 2016 Author Share Posted August 15, 2016 Correction observed in this morning, but the movement of GBPCHF now already in bearish trace, and predicted to continue its movement. The closest target for this GBPCHF's movement probably the lowest point of July which could be attained in short term. RSI(14) and Stochastic(5,3,3) are agree with both respectively fall to level 34 and 67. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 17, 2016 Author Share Posted August 17, 2016 On 1 hour period of GBPCHF's time frame chart there was pinbar spotted. Furthermore candlestick of this pair seems rise through the middle band which means more bull sentiment. Other indicator such as RSI (14) spotted to rise to level 52, and Stochastic (5,3,3) seem fall to 26. Macd (12,26,9) also formed lower high. Overall, i can see the bias is bullish and price will go towards 1.25807 which act as resistance today. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 19, 2016 Author Share Posted August 19, 2016 Bearish engulfing pattern spotted on GBPCHF's 1 hour time frame following the failure of price to break the upper band and not just but failed to break EMA25. Followed by that RSI(14) spotted to fall to around level 41 while Stochastic (5,3,3) fall to around level 31. MACD formed lower lows. Bias is bearish and the price will fall to at most around 1.23480. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 22, 2016 Author Share Posted August 22, 2016 Inverted hammer again formed on 1 hour time frame chart of GBPCHF with the price of this pair successfully break middle band. RSI(14) see the line rise to around level 67 and Stochastic(5,3,3) rise to 64. MACD(12,26,9) formed higher highs. Bias for this pair is bullish and the price may rise up to 1.26780. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 23, 2016 Author Share Posted August 23, 2016 1 hour time frame chart saw GBPCHF's price successfully break the middle band and try to reach resistance level at 1.26330. MACD(12,26,9) formed higher high, with RSI(14) and Stochastic (5,3,3) both rise to around level 70 and 61. With this overall the price bias is bullish, and the price will reach the resistance level first. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 25, 2016 Author Share Posted August 25, 2016 It seems that three white crows spotted on GBPCHF's 1 hour time frame, i think that is reasonably explain that the price will rise further. Combined with Stochastic oversold position, the price could soar. As RSI it seems that will fall a bit but will rise later. While MACD is lower lows now. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 26, 2016 Author Share Posted August 26, 2016 GBPCHF's price on 30 minutes time frame able to break EMA20. The price is clearly under bullish pressure, this supported by MACD(12,26,9) which formed higher high. RSI and Stochastic also both rose to higher level. RSI rose to 63 while Stochastic actually rose to level 69. Conclusion is bullish bias, even there are few resistance. Target 1.28410. Quote Link to comment Share on other sites More sharing options...
pepy Posted August 29, 2016 Author Share Posted August 29, 2016 Downward Gap plus bearish engulfing pattern formed on H1 chart of GBPCHF, the price also successfully break pivot level down. RSI and Stochastic fell to level 45 and 39, while MACD formed higher low. The bias is bearish with the price may fall towards the 1st support level at 1.27763 Quote Link to comment Share on other sites More sharing options...
pepy Posted August 30, 2016 Author Share Posted August 30, 2016 Big black candle on H1 chart fof GBCHF formed with small gap on its opening, The price successfully broker the pivot line and EMA20 plus closed below the first support level. RSI(14) spotted fell to around level 44, while Stochatic (5, 3, 3) fell to around level 21. MACD formed lower low. For now this pair under bearish sentiment and the next target is at 1.27554 Quote Link to comment Share on other sites More sharing options...
pepy Posted August 31, 2016 Author Share Posted August 31, 2016 GBPCHF on H1 frame formed bullish 3 methods formation which consist of white body considered the bullish continuation pattern. RSI(14) and Stochastic (5, 3, 3) which become the primary indicators observed to rise at around 69 and 83 respectively, while MACD as additional indicator reported the indicator formed lower high only. The pair is now bullish and the next target could be at 1.29453 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 1, 2016 Author Share Posted September 1, 2016 GBPCHF on 1 hour time frame chart observed to be under bullish trend. The price is moving above pivot and lower band. RSI 14 also observed to rise to level 76 while Stochastic (5, 3, 3)observed so far able to rise to level 76 and possibly higher than that, and MACD formed higher high., prediction for this pair is bullish and target for the next price is at 1.30954 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 2, 2016 Author Share Posted September 2, 2016 GBPCHF based on H1 chart under bullish pressure not to mention with bullish engulfing pattern formed following the breakout of EMA20, RSI (14) observed fall to around level 57, while Stochastic (5,3,3) fall to level 46. MACD(12,26,9) formed lower high. The pair above is bearish with the price may fall to 1.29867 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 9, 2016 Author Share Posted September 9, 2016 GBCHF's 1 hour time frame chart spotted the price formed big white candle which means strong bullish trend, but rejection from R2 could mean temporary retreat. RSI(14) and Stochastic (5,3,3) spotted to fall respectively to level 60 and level 76. The conclusion for this pair is bullish and price may reach 1.29756 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 12, 2016 Author Share Posted September 12, 2016 On h1 chart of GBPCHF it seems that the curent price is below daily pivot and also the middle band. EMA20 is spotted above the current price too. Parabolic SAR indicator (0.02,0.2) showed sell signals, RSI (14) down to around level 47, Stochastic(5,3,3) fall down to around level 40 pair above predicted to be bearsih targeting 1.11505 as its target. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 13, 2016 Author Share Posted September 13, 2016 GBPCHF on H1 chart gives the vibe of bullish. Hammer spotted formed twice and gives higher indication for bullish. The other indicators such as RSI and Stochastic both fell down to lower level, moreover Parabolic SAR gives the bullish signal with moving below of the price and breakout of EMA20. With this condition i assume GBPCHF overall is bullish. Quote Link to comment Share on other sites More sharing options...
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