Languages

website utilities


Follow us:
+1 (646) 48 000 22 (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 Buy Zone (109.90 to 109.00). 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 (109.90)
    • Support on 05/24/2018
    • Support on 05/25/2018
    • Support on 05/28/2018
    • Support on 05/31/2018
    • Support on 01/02/2019
    • Resistance on 01/04/2019
    • Support on 01/07/2019
    • Support on 01/14/2019
    • Support on 01/15/2019
    • Support on 01/16/2019
    • Support on 01/21/2019
    • Support on 01/24/2019
    • Support on 01/25/2019
    • Support on 01/29/2019
    • Support on 02/04/2019
    • Support on 02/05/2019
    • Support on 02/19/2019
    • Trough on 03/08/2019
    • Support on 03/08/2019
    • Support on 03/11/2019
  • Ending of entry zone (109.00)
    • Support on 06/06/2016
    • Resistance on 06/21/2016
    • Resistance on 06/22/2016
    • Resistance on 07/21/2016
    • Resistance on 11/15/2016
    • Resistance on 11/16/2016
    • Resistance on 04/18/2017
    • Support on 04/20/2017
    • Support on 04/21/2017
    • Support on 05/03/2018
    • Support on 05/04/2018
    • Support on 05/10/2018
    • Support on 05/29/2018
    • Support on 01/03/2019
    • Support on 01/04/2019
    • Support on 02/11/2019

DateMarch 30, 2019 - 22:53
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 108.60, beginning of uptrend is expected.
  • We make sure when the resistance at 111.95 breaks.
  • If the support at 108.60 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 110.35 on 03/25/2019, so more gains maximum to Major Resistance (111.95) 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 55.

Take Profits:

  1. 111.05
  2. 111.95
  3. 112.75
  4. 113.40
  5. 114.60
  6. 116.15
  7. 117.35
  8. 118.55
Click on the level to view price action history.