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:

Regarding the entry signal of DTO we will invest at Monday - if no GAP - when the market opens.

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

  • Beginning of entry zone (108.10)
    • Resistance on 07/14/2016
    • Resistance on 07/15/2016
    • Resistance on 07/18/2016
    • Resistance on 07/19/2016
    • Resistance on 07/25/2016
    • Support on 04/17/2017
    • Support on 01/03/2019
    • Support on 05/07/2019
  • Ending of entry zone (107.65)
    • Support on 06/16/2016
    • Support on 06/21/2016
    • Resistance on 07/14/2016
    • Resistance on 07/15/2016
    • Resistance on 07/22/2016
    • Resistance on 07/25/2016
    • Resistance on 07/28/2016
    • Resistance on 07/29/2016
    • Resistance on 11/08/2016
    • Resistance on 11/09/2016
    • Support on 04/17/2017
    • Support on 01/03/2019
    • Support on 05/09/2019

DateMay 11, 2019 - 21:15
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 107.650, beginning of uptrend is expected.
  • We make sure when the resistance at 111.950 breaks.
  • If the support at 107.650 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI bounced from the support #1 at 22 and it prevented price from more losses.
  • While the RSI downtrend #2 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 111.95 on 04/12/2019, so more losses to support(s) 108.10 and minimum to Major Support (107.65) 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 37.

Take Profits:

  1. 109.10
  2. 109.90
  3. 110.50
  4. 111.95
  5. 113.40
  6. 114.60
  7. 116.15
  8. 118.55
Click on the level to view price action history.