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 Swiss Franc / Japanese Yen technical chart
Symbol CHFJPY

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 13, 2020 - 20:54
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 111.150, beginning of uptrend is expected.
  • We make sure when the resistance at 114.400 breaks.
  • If the support at 111.150 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 114.55 on 06/05/2020, so more losses to support(s) 112.25 and minimum to Major Support (111.15) 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 56.

Supports and Resistances:

  1. 116.15
  2. 111.15
  3. 104.00
  4. 103.05
  5. 101.80
  6. 100.00
Click on the level to view price action history.