Forex Trade Alert for GBPCHF .
Forex Trade Alert for Friday Jul 02, 2010.
On Jul-02-2010 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy this
Currency Pair GBP/CHF at 1.6334 or better. Stop at 1.5947. Wave 3 could rise up to 1.7194 or
to 1.7668. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are
trending. The CCI is below -100. This commodity or security is oversold at this time.
Next Day Trading Ranges for Friday Jul 02, 2010.
The 20 day moving average of the daily trading range is 186 Pips and the 60 day moving average of
the daily trading range is 195 Pips. This shows that volatility has decreased in the short term. The
percentage of updays when the open/low ratio is less than 25% is 63.97 percent. This means that if
this Currency Pair GBP/CHF does not drop more than 47 Pips from the opening price then there is a
63.97 percent chance that this will be an upday.
