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Intraday forecastUS Dollar vs. Swiss Franc technical chart
SymbolUSDCHF
Release TimeMon, 12/02/2019 - 19:55
Advisesell (limit) below R1=0.9945
Intraday
Short term
Yesterday range44
Yesterday high1.0023
Yesterday low0.9979
Yesterday close1.0001
R31.004
R20.9965
R10.9945
S10.9895
S20.987
S30.9835
Trade setup

As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9945.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.9895.
TP4: S2=0.987.
Set the stoploss of these orders at breakout of R2=0.9965.

Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.9965.
In this situation, there is an expectation to reach the target R3=1.004.
Set the stoploss of reverse orders at breakout of R1=0.9945.

Latest forecasts
Release Time Symbol Intraday R S
Wed, Dec 4 2019, 20:42 USDCHF Subscribe! Subscribers Only Subscribers Only
Tue, Dec 3 2019, 20:40 USDCHF Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 19:55 USDCHF Subscribe! Subscribers Only Subscribers Only
Mon, Dec 2 2019, 12:24 USDCHF free 1.0095
1.002
1
0.996
0.994
0.9915
Thu, Nov 28 2019, 19:54 USDCHF Subscribe! Subscribers Only Subscribers Only