website utilities

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 British Pound / Swiss Franc technical chart
Symbol GBPCHF
Trade Setup

#GBPCHF
Total Profit: 564 pip
Closed trade(s): 294 pip Profit
Open trade(s): 270 pip Profit

Trade Setup:
We opened 8 BUY trades @ 1.04398 based on 'Two Day Reversal Candle (Hammer)' entry method at 2026-03-09, signaled by DTO:
https://www.forecastcity.com/en/forecasts/Forex/daily-trading-opportunit...

Closed Profit:
TP1 @ 1.05150 touched at 2026-03-18 with 75 pip Profit.
TP2 @ 1.06590 touched at 2026-04-28 with 219 pip Profit.
75 + 219 = 294 pip

Open Profit:
Profit for one BUY trade is 1.04845(current price) - 1.04398(open price) = 45 pip
6 trade(s) still open, therefore total profit for open trade(s) is 45 x 6 = 270 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.

DateMay 16, 2026 - 08:56
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.02840, beginning of uptrend is expected.
  • We make sure when the resistance at 1.06590 breaks.
  • If the support at 1.02840 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.06725 on 04/28/2026, so more losses to support(s) 1.03615 and minimum to Major Support (1.02840) 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 33.

Take Profits:

  1. 1.05150
  2. 1.06590
  3. 1.07970
  4. 1.09590
  5. 1.12055
  6. 1.13633
  7. 1.14845
Click on the level to view price action history.