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Trend Hunter performance since 2015 for this symbol

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Weekly forecast US Dollar vs. Swiss Franc technical chart
Symbol USDCHF

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Trade Setup
#USDCHF
Total Profit: -84 pip
Closed trade(s): 0 pip Profit
Open trade(s): -84 pip Profit

Trade Setup:
We opened 7 SELL trade(s) @ 0.9893 (day close price) based on 'Peak' at 2019.10.30 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/U...

Open Profit:
Profit for one trade is 0.9893(open price) - 0.9905(current price) = -12 pip
7 trade(s) still open, therefore total profit for open trade(s) is -12 x 7 = -84 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.

DateSat, 12/07/2019 - 20:41
Currentrange bound
Forecastbeginning of downtrend
Last weekBearish

Midterm forecast:

  • While the price is below the resistance 1.0220, beginning of downtrend is expected.
  • We make sure when the support at 0.9670 breaks.
  • If the resistance at 1.0220 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.9850 on 12/03/2019, so more gains to resistance(s) 0.9955, 0.9995, 1.0025 and maximum to Major Resistance (1.0220) 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 47.

Take Profits:

  1. 0.9840
  2. 0.9785
  3. 0.9670
  4. 0.9550
  5. 0.9390
  6. 0.9185
Click on the level to view price action history.

Symbol Released Current Forecast
US Dollar vs. Swiss Franc (USDCHF) new Sat, 18 Jan 2020
US Dollar vs. Swiss Franc (USDCHF) Sat, 11 Jan 2020
US Dollar vs. Swiss Franc (USDCHF) Sat, 4 Jan 2020
US Dollar vs. Swiss Franc (USDCHF) free Sat, 28 Dec 2019
US Dollar vs. Swiss Franc (USDCHF) Sun, 22 Dec 2019