website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
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 Canadian Dollar / Swiss Franc technical chart
Symbol CADCHF

Download MT4 template file

Trade Setup

#CADCHF
Total Profit: 8080 pip
Closed trade(s): 4060 pip Profit
Open trade(s): 4020 pip Profit
_______________________________________________
Trade Setup:
We opened 14 BUY trade(s) @ 0.7050 (day close price) based on 'Valley' at 2016.02.12 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/C...

Closed Profit:
TP1 @ 0.7110 touched at 2016.02.15 with 60 pip Profit.
TP2 @ 0.7210 touched at 2016.02.17 with 160 pip Profit.
TP3 @ 0.7310 touched at 2016.02.25 with 260 pip Profit.
TP4 @ 0.7425 touched at 2016.03.01 with 375 pip Profit.
TP5 @ 0.7510 touched at 2016.03.07 with 460 pip Profit.
TP6 @ 0.7590 touched at 2016.03.10 with 540 pip Profit.
TP7 @ 0.7655 touched at 2016.04.20 with 605 pip Profit.
TP8 @ 0.7750 touched at 2016.12.09 with 700 pip Profit.
TP9 @ 0.7950 touched at 2017.09.14 with 900 pip Profit.
60 + 160 + 260 + 375 + 460 + 540 + 605 + 700 + 900 = 4060 pip

Open Profit:
Profit for one trade is 0.7854(current price) - 0.7050(open price) = 804 pip
5 trade(s) still open, therefore total profit for open trade(s) is 804 x 5 = 4020 pip
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.6900 to 0.6725). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.6900)
    • Trough on 02/15/2016
    • Trough on 02/12/2016
    • Support on 02/11/2016
    • Trough on 02/11/2016
    • Support on 01/21/2016
    • Support on 01/22/2015
  • Ending of entry zone (0.6725)
    • Trough on 01/15/2015
    • Support on 01/15/2015
DateSeptember 24, 2017 - 20:15
Currentuptrend
Forecastbeginning of downtrend

Midterm forecast:

  • The current trend is uptrend but the forecast is beginning of downtrend.

Technical analysis:

  • A trough is formed in daily chart at 0.7800 on 09/19/2017, so more gains to resistance(s) 0.7950, 0.8250, 0.8635 and more heights 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 58.

Take Profits:

  1. 0.7110
  2. 0.7210
  3. 0.7310
  4. 0.7425
  5. 0.7510
  6. 0.7590
  7. 0.7655
  8. 0.7750
  9. 0.7950
  10. 0.8250
  11. 0.8635
  12. 0.9540
  13. 0.9900
Click on the level to view price action history.
Symbol Released Current Forecast
Canadian Dollar / Swiss Franc (CADCHF) new Sun, 14 Apr 2024
Canadian Dollar / Swiss Franc (CADCHF) free Sun, 7 Apr 2024
Canadian Dollar / Swiss Franc (CADCHF) free Sun, 31 Mar 2024
Canadian Dollar / Swiss Franc (CADCHF) Sun, 24 Mar 2024
Canadian Dollar / Swiss Franc (CADCHF) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on CADCHF.