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Intraday forecastUS Dollar vs. Swiss Franc technical chart
SymbolUSDCHF
Release TimeFri, 03/15/2019 - 00:03
Advisesell (limit) below R1=1.0055
Intraday
Short term
Yesterday range22
Yesterday high1.0051
Yesterday low1.0029
Yesterday close1.0038
R31.013
R21.0065
R11.0055
S11.0015
S20.998
S30.9925
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0055.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=1.0015.
TP4: S2=0.998.
Set the stoploss of these orders at breakout of R2=1.0065.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=1.0065.
In this situation, there is an expectation to reach the target R3=1.013.
Set the stoploss of reverse orders at breakout of R1=1.0055.

Latest forecasts
Release Time Symbol Intraday R S
Thu, May 16 2019, 21:50 USDCHF Subscribe! Subscribers Only Subscribers Only
Wed, May 15 2019, 20:08 USDCHF Subscribe! Subscribers Only Subscribers Only
Tue, May 14 2019, 20:16 USDCHF Subscribe! Subscribers Only Subscribers Only
Mon, May 13 2019, 20:35 USDCHF free 1.0215
1.013
1.01
1.0045
1
0.997
Mon, May 13 2019, 10:52 USDCHF free 1.018
1.0115
1.0105
1.0065
1.0045
1