MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Technical analysis of GBP/CHF for December 14, 2015

Technical outlook and chart setups:

The GBP/CHF pair has reached fresh lows today and is currently trading around the levels of 1.4840/50. According to the wave structure, a drop from 1.5570 still seems to be corrective. It can be completed at both 1.4850 or 1.4800. It is therefore recommended to remain long looking for an opportunity to add positions around the level of 1.4800 if reached with risk around 1.4700. Immediate support is seen at the level of 1.4700, while resistance is seen at 1.5150 followed by 1.5320 and higher respectively.

Trading recommendations:

Remain long, add further around 1.4800, stop is at 1.4700, a target is open.

Good luck!

The material has been provided by InstaForex Company - www.instaforex.com