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GBP/CHF-2 Months Retracement!

Metal_Mind Posted 27 May as Analysis on GBP/CHF, Target: 1.4885, Date: 1st of July, 12:00 GMT  in #Technical analysis #Support #Resistance #GBP/CHF #Lower #Retracement #Months #2 #Zones
  • Charts: 4Hours, 1 Day.
  • Indicators used: Fibonacci Fan Lines,Fiboancci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 1.5071
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Metal_Mind 25 June

UPDATE 1: The deviation is over 300 pips which is very far from target.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to over 336 pips.

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GBP/CHF-Rallying towards a range !

Metal_Mind Posted 31 Mar. as Analysis on GBP/CHF, Target: 1.4686, Date: 1st of May, 12:00 GMT  in #Technical analysis #Bullish #Rally #Intervention #Snb #GBP/CHF #Range #Retracement #Verba #Unlimited
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :1.4746.
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Maria_r avatar
Maria_r 31 Mar.

+100

Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: Current price level is 1.4839 which seem very far from my target but if we look at the chart above we can see that i predicted this bullish momentum towards 1.49 and afterwards followed by a retracement. The quality of the prediction is very good and with current momentum i can say the prediction is on track and might be proven itself to be very close.

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Metal_Mind 30 Apr.

UPDATE 2: We have only several hours to go and this pair has an 200 pips deviation.

Omela avatar
Omela 8 May

интересно

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GBP/CHF-Channel UP!

Metal_Mind Posted 18 Feb. as Analysis on GBP/CHF, Target: 1.5272, Date: 1st of April, 12:00 GMT  in #Technical analysis #Support #Pattern #Bullish #GBP/CHF #Up #Retracement #Rise #GBP/CHF Channel #Retesting

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.4809

GBP/CHF like most pairs that had the pound as base currency have began appreciating heavly in the past months taking into consideration the UK economy recovery & expansion correlated with increased consumption which boosted the pound.I added this commentary beacause ,to speak only from a tehnical point isn't the true representation of the curren…
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Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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

Metal_Mind Posted 16 Jan. as Analysis on GBP/CHF, Target: 1.4788, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Trend #Break #Bullish #Fibonacci #Lines #GBP/CHF #Steam #Retrace #Reach

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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Metal_Mind 3 Mar.

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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Metal_Mind 3 Mar.

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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Metal_Mind 4 Mar.

Hope so :)

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GBP/CHF -Dance higher & lower bypassing range.

Metal_Mind Posted 15 Dec. as Analysis on GBP/CHF, Target: 1.4816, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Support #Resistance #GBP/CHF #High #Range #Lows #Momentum
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements ,Support & Resistance Levels , MACD .
Current Level : 1.4505

GBP/CHF has a pretty interesting set-up right now.There were some signs last month that looked like the pair will brake lower forming a bearish trend but all the worries has vanished now. We have a very strong support zone at (1.4040) level from which the price has only moved higher forming higher highs & higher lows.The 1.4816 level is a pretty important le…
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Metal_Mind 28 Jan.

UPDATE 1: EXCELETNT PREDICTION. Current price level is 1.4886 which is 70 pips above the target. The target has been reached already and the price action completed the bull run that i predicted. We will see what happens.

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Metal_Mind 2 Feb.

UPDATE 2: This pair has moved in a bit of a range , mainly after breaking the 1.51 price level. Current price level is 1.4882 which is 66 pips deviation above my target. If we take a look at the chart this pair is definatly heading up so this is not good for my target. I just hope for small activity tommorow and a stronger ''swiss franc'' against the ''pound''

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Metal_Mind 2 Feb.

UPDATE 2: This pair has moved in a bit of a range , mainly after breaking the 1.51 price level. Current price level is 1.4882 which is 66 pips deviation above my target. If we take a look at the chart this pair is definatly heading up so this is not good for my target. I just hope for small activity tommorow and a stronger ''swiss franc'' against the ''pound''

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Metal_Mind 3 Feb.

UPDATE 3: With 15 minutes to go the current price level is very close. Current level is 1.4774. The target has been already reached in the large sell trend. The deviation is only 42 pips, and if the pair starts a retracement this prediction could be extremly close to target.No matter the result this prediction is trully a great one.The price action developed similary with my prediction.

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Metal_Mind 3 Feb.

FINAL UPDATE : The settlement price was 1.4769 meaning a 47 pips deviation .0.47%.

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GBPCHF- Swiss Franc Strengthen's!

Metal_Mind Posted 29 Oct. as Analysis on GBP/CHF, Target: 1.4224, Date: 2nd of December, 12:00 GMT  in #Technical analysis #GBP #CHF #Swiss #Support #Deviation #GBP/CHF #Range #Target #Franc

Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4430
GBPCHF recent price action made 2 resistances at the same level (1.4820) with a +/-5 pips deviation, and encounterd a support at (1.4039) price level.Looking at the second chart we can see more clearly that we could have a possible range development on this pair on 1 Day time-frame, which could support my wiew that the swiss franc is…
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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is wrong. Trend is in the adverse drection.

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GBP/CHF ASCENDING CHANNEL

Metal_Mind Posted 29 Sep. as Analysis on GBP/CHF, Target: 1.4823, Date: 1st of November, 12:00 GMT  in #Technical analysis #GBP #CHF #Trend #Bullish #Highs #GBP/CHF #Channel #Lows #Strength #Ascending
Charts: 1 Day,1Week.
Indicators: ;Fibonancci Fan Lines 1D, 1W Time Frame ;Support & Resistance Levels,RSI,VOLUMEEXT
Current Level : 1.4626

GBP/CHF recent trend developments shows a potential ascending channel formation backed by recent higher lows (supports) and higher highs (resistances) as can be observed very well on the chart.Also Relative Strength Index is bullish on 1 Day TF showing that there is room for further bullish move.Volume gives us a hint showing that there is selling press…
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Daytrader21 avatar
Daytrader21 30 Sep.

I have stopped trading gbpchf long time ago, didn't liked this pair at all. I hope it will work for you

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Metal_Mind 22 Oct.

UPDATE 1: GBP/CHF formed a mini range between 1.4460 & 1.4670 and now the current level is 1.4545 at over 300 pips from the target level.

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Metal_Mind 1 Nov.

UPDATE 2: The current level at this pair is 1.4553 and the pair is in a bearish trend that is slowly descending in waves. Deviation over 300 pips from target.

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