pepy Posted November 8, 2016 Author Share Posted November 8, 2016 Hammer indicated and with that able to break EMA100 also with support from Parabolic SAR make the price able to closed below EMA100. RSI as leading chart also rise to around level 47. MACD(12,26,9) formed lower low formation especially in the red zone. With the current condition, GBPCHF may fall towards lower band with that next target at 1.2040. Quote Link to comment Share on other sites More sharing options...
pepy Posted November 12, 2016 Author Share Posted November 12, 2016 GBPCHF in this chart show the potential to be bullish especially when the price entered the positive teritory and created a new high this week. RSI and Stoch both seems fall to 67 and 54 but slightly and may will change that. MACD still higher high while Parabolic SAR is moving below the current price. Based on that overall this pair is bullish and the resistance is at 1.2500 Quote Link to comment Share on other sites More sharing options...
pepy Posted November 14, 2016 Author Share Posted November 14, 2016 According to H1 chart it seems that GBPCHF successfully able to break EMA50 but still failed to break EMA100. The price right now is below EMA50 but above EMA100. Not just that Stochastic seems rise to about level 42 and RSI(14) seems fall down to level 48. Parabolic SAR is moving above the current price. So based on that all this pair is expected to weakening and will reach the support at 1.2353 Quote Link to comment Share on other sites More sharing options...
pepy Posted November 25, 2016 Author Share Posted November 25, 2016 On 1 hour chart the price of GBPCHF predicted to be weakening than before after the price failed to break EMA100 instead falling down deeper and touch the lower band waiting to break it. RSI and Stochastic in this chart also seems to fall down to 48 and 22 respectively. MACD formed lower high formation with Parabolic SAR is moving above the price, so based on that this pair expected to be bearish with support at 1.2600 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 1, 2016 Author Share Posted December 1, 2016 On 30 minutes chart it seems there is a hammer formed by GBPCHF and the price also seems to successfully break the EMA72. This indicated the bearish trend seems will take over the market. RSI and Stochastic in this chart both also fall towards 53 and 26, while MACD forms lower lows and Parabolic SAR signal is bearish. Based on that, this pair seems will fall to the next support at 1.2660 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 12, 2016 Author Share Posted December 12, 2016 On H4 chart, bullish dominate on this pair the price also has been break the first resistance at 1.2733. Stochastic and RSI both show bullish tendency with rise towards level 40 and level 33 respectively. MACD still with its bullish signal, while Parabolic SAR challenged by rising price. I expected that today is limited bullish to around 1.2886 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 12, 2016 Author Share Posted December 12, 2016 On H4 chart, bullish dominate on this pair the price also has been break the first resistance at 1.2733. Stochastic and RSI both show bullish tendency with rise towards level 40 and level 33 respectively. MACD still with its bullish signal, while Parabolic SAR challenged by rising price. I expected that today is limited bullish to around 1.2886 Quote Link to comment Share on other sites More sharing options...
pepy Posted December 19, 2016 Author Share Posted December 19, 2016 GBPCHF is currently testing pivot level at 1.2798, if it is able to pass through it in accordance with the bearish sentiment, then the price could fall to as low as the second support at 1.2718. This downtrend also supported by RSI which fall to level 45 and Parabolic SAR which formed lower lows formation also Stochastic which fall to level 45. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 5, 2017 Author Share Posted January 5, 2017 There is a downside potential of movement GBPCHF this morning, but the movement seems to be held back by the support level 1.2550. If the candle is able to pass through this support level, then the downward movement could lead to the level of 1.2532, but if the price is not capable of passing support, the price likely to be bouncing up. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 14, 2017 Author Share Posted January 14, 2017 GBPCHF is strengthening its own position yesterday, but the current position it seems that the price still in bearish channel. My prediction it may fall to around the support at 1.2245 but only if the strengthening position really hampered by pivot at 1.2319, this also considering that RSI, Stochastic, and Parabolic SAR also MACD which are bearish. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 13, 2017 Author Share Posted February 13, 2017 GBPCHF is still likely to bullish despite current prices still seem to be moving sideways. Market mapping appears to refer bullish in the last 5 days and the last 75 days, with the other indicators are mainly bullish only few with bearish sentiment. So it seems that overall GBPCHF's price for the next trading session might be bullish with the target at 1.2579 which is the 2nd resistance. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 22, 2017 Author Share Posted February 22, 2017 GBPCHF seems rejected by resistance level at 1.2640 also considering that RSI and Stochastic and MACD support this bearish sentiment then i think the price may fall deeper. The price right now is testing the key support at 1.2600, if able to break this key level, it is surely will fall deeper, i estimated around 1.2560 up to 1.2520 Quote Link to comment Share on other sites More sharing options...
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