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 July 27, 2015

Technical outlook and chart setups:

The GBP/CHF pair is trading around the level of 1.4850 after having reached a low at 1.4780 today. Please note that the pair could still drift lower to the levels of 1.4690/1.4700, (which is fibonacci 0.618 support of the rally between 1.4470 and 1.5050 respectively). It is recommended to book partial profit on short positions taken last week and move risk to 1.4950. Immediate support is seen at 1.4750 followed by 1.4550, 1.4450, and lower while resistance is seen at the level of 1.4950 followed by 1.5050 and higher respectively.

Trading recommendations:

Book partial profits on short positions taken, stop is at 1.4950, a target is 1.4700.

Good luck!

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