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 Euro / Swiss Franc technical chart
Symbol EURCHF
Trade Setup

#EURCHF
Total Profit: -1337 pip
Closed trade(s): 23 pip Profit
Open trade(s): -1360 pip Profit

Trade Setup:
We opened 11 BUY trade(s) @ 1.0477 based on 'Valley' at 2021.12.28 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.0500 touched at 2022.01.10 with 23 pip Profit.

Open Profit:
Profit for one trade is 1.0341(current price) - 1.0477(open price) = -136 pip
10 trade(s) still open, therefore total profit for open trade(s) is -136 x 10 = -1360 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateJanuary 22, 2022 - 13:24
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.03000, beginning of uptrend is expected.
  • We make sure when the resistance at 1.05000 breaks.
  • If the support at 1.03000 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 peak is formed in daily chart at 1.0511 on 01/11/2022, so more losses to support(s) 1.0322 and minimum to Major Support (1.0300) 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 39.

Take Profits:

  1. 1.0430
  2. 1.0500
  3. 1.0561
  4. 1.0627
  5. 1.0745
  6. 1.0805
  7. 1.0875
  8. 1.0933
  9. 1.0985
  10. 1.1076
  11. 1.1150
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / Swiss Franc (EURCHF) new Sun, 15 May 2022
Euro / Swiss Franc (EURCHF) Sun, 8 May 2022
Euro / Swiss Franc (EURCHF) Sun, 1 May 2022
Euro / Swiss Franc (EURCHF) Sun, 24 Apr 2022
Euro / Swiss Franc (EURCHF) Sun, 17 Apr 2022