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 British Pound / Swiss Franc technical chart
Symbol GBPCHF

Download MT4 template file

Trading suggestion:

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

DateDecember 15, 2018 - 20:50
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.24700, beginning of uptrend is expected.
  • We make sure when the resistance at 1.26850 breaks.
  • If the support at 1.24700 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI bounced from the support #1 at 25 and it prevented price from more losses.
  • A trough is formed in daily chart at 1.2380 on 12/10/2018, so more gains maximum to Major Resistance (1.2685) 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.

Supports and Resistances:

  1. 1.6005
  2. 1.5535
  3. 1.4805
  4. 1.4555
  5. 1.4200
  6. 1.3855
  7. 1.3725
  8. 1.3475
  9. 1.3360
  10. 1.3155
  11. 1.2945
  12. 1.2865
  13. 1.2755
  14. 1.2220
  15. 1.1900
Click on the level to view price action history.