Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Australian Dollar vs. Swiss Franc technical chart
Symbol AUDCHF

Download MT4 template file

Trade Setup
#AUDCHF
Total Profit: 605 pip
Closed trade(s): 59 pip Profit
Open trade(s): 546 pip Profit

Trade Setup:
We opened 8 BUY trade(s) @ 0.7098 (day close price) based on 'Two-day reversal candle(Hammer)' at 2019.04.03 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/A...

Closed Profit:
TP1 @ 0.7105 touched at 2019.04.04 with 7 pip Profit.
TP2 @ 0.7150 touched at 2019.04.10 with 52 pip Profit.
7 + 52 = 59 pip

Open Profit:
Profit for one trade is 0.7189(current price) - 0.7098(open price) = 91 pip
6 trade(s) still open, therefore total profit for open trade(s) is 91 x 6 = 546 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSat, 04/13/2019 - 18:58
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.6870, beginning of uptrend is expected.
  • We make sure when the resistance at 0.7240 breaks.
  • If the support at 0.6870 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 0.7040 on 04/03/2019, so more gains maximum to Major Resistance (0.7240) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 61.

Take Profits:

  1. 0.7105
  2. 0.7150
  3. 0.7240
  4. 0.7375
  5. 0.7445
  6. 0.7565
  7. 0.7720
Click on the level to view price action history.