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 Euro / Swiss Franc technical chart
Symbol EURCHF

Download MT4 template file

Trade Setup
#EURCHF
Total Profit: -861 pip
Closed trade(s): 0 pip Profit
Open trade(s): -861 pip Profit

Trade Setup:
We opened 7 BUY trade(s) @ 1.0994 based on 'Valley' at 2019.09.17 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Open Profit:
Profit for one trade is 1.0871(current price) - 1.0994(open price) = -123 pip
7 trade(s) still open, therefore total profit for open trade(s) is -123 x 7 = -861 pip

Trading suggestion:

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

DateFebruary 20, 2021 - 23:03
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.05000, beginning of uptrend is expected.
  • We make sure when the resistance at 1.08750 breaks.
  • If the support at 1.05000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 1.0785 on 02/11/2021, so more gains maximum to Major Resistance (1.0875) 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 67.

Supports and Resistances:

  1. 1.1145
  2. 1.1060
  3. 1.0990
  4. 1.0920
  5. 1.0875
  6. 1.0830
  7. 1.0785
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / Swiss Franc (EURCHF) free Sun, 24 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 17 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 10 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 3 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 25 Feb 2024