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:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (121.80 to 122.50). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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

  • Beginning of entry zone (121.80)
    • Support on 03/19/2015
    • Support on 03/20/2015
    • Support on 04/13/2015
    • Support on 09/04/2015
    • Support on 10/27/2015
    • Support on 10/28/2015
    • Support on 10/29/2015
    • Support on 10/30/2015
    • Support on 11/02/2015
    • Support on 11/04/2015
    • Support on 11/05/2015
    • Support on 11/06/2015
    • Support on 11/12/2015
    • Support on 11/13/2015
    • Resistance on 11/18/2015
    • Support on 12/18/2015
    • Support on 12/21/2015
    • Support on 12/22/2015
    • Support on 12/23/2015
    • Support on 12/24/2015
    • Resistance on 12/29/2015
    • Resistance on 05/25/2021
    • Resistance on 05/26/2021
    • Support on 05/31/2021
    • Support on 06/01/2021
    • Support on 06/02/2021
    • Support on 06/03/2021
    • Support on 06/14/2021
    • Support on 06/16/2021
  • Ending of entry zone (122.50)
    • Resistance on 03/18/2015
    • Resistance on 03/19/2015
    • Support on 03/23/2015
    • Support on 04/10/2015
    • Support on 04/13/2015
    • Support on 04/14/2015
    • Support on 04/15/2015
    • Support on 09/24/2015
    • Support on 09/25/2015
    • Support on 09/28/2015
    • Support on 09/30/2015
    • Support on 10/01/2015
    • Support on 10/02/2015
    • Resistance on 10/29/2015
    • Resistance on 10/30/2015
    • Resistance on 11/02/2015
    • Resistance on 11/03/2015
    • Resistance on 11/04/2015
    • Resistance on 11/05/2015
    • Resistance on 11/06/2015
    • Resistance on 11/11/2015
    • Resistance on 11/16/2015
    • Support on 12/14/2015
    • Support on 12/15/2015
    • Support on 12/16/2015
    • Support on 12/17/2015
    • Resistance on 05/27/2021
    • Peak on 05/28/2021
    • Resistance on 05/28/2021
    • Resistance on 06/09/2021
    • Resistance on 06/10/2021
    • Resistance on 06/11/2021
    • Resistance on 06/16/2021

DateJuly 10, 2021 - 20:40
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 122.750, beginning of downtrend is expected.
  • We make sure when the support at 118.850 breaks.
  • If the resistance at 122.750 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased.
  • A trough is formed in daily chart at 119.00 on 07/08/2021, so more gains to resistance(s) 120.55, 121.20, 121.80 and maximum to Major Resistance (122.75) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 49.

Take Profits:

  1. 121.20
  2. 120.55
  3. 120.00
  4. 118.90
  5. 118.15
  6. 117.55
  7. 116.55
  8. 116.00
  9. 114.60
  10. 113.70
  11. 112.60
Click on the level to view price action history.