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: 91 pip
Closed trade(s): 27 pip Profit
Open trade(s): 64 pip Profit

Trade Setup:
We opened 5 SELL trade(s) @ 1.1382 (day close price) based on 'Peak' at 2019.04.24 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.1355 touched at 2019.04.26 with 27 pip Profit.

Open Profit:
Profit for one trade is 1.1382(open price) - 1.1366(current price) = 16 pip
4 trade(s) still open, therefore total profit for open trade(s) is 16 x 4 = 64 pip

Trading suggestion:

  • We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateApril 27, 2019 - 18:05
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 1.15000, beginning of downtrend is expected.
  • We make sure when the support at 1.13200 breaks.
  • If the resistance at 1.15000 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.1475 on 04/23/2019, so more losses to support(s) 1.1355 and minimum to Major Support (1.1320) 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. 1.1355
  2. 1.1320
  3. 1.1225
  4. 1.1160
Click on the level to view price action history.
Symbol Released Current Forecast
Euro / Swiss Franc (EURCHF) free Sun, 14 Apr 2024
Euro / Swiss Franc (EURCHF) free Sun, 7 Apr 2024
Euro / Swiss Franc (EURCHF) free Sun, 31 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 24 Mar 2024
Euro / Swiss Franc (EURCHF) free Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on EURCHF.