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 US Dollar / Swiss Franc technical chart
Symbol USDCHF

Download MT4 template file

Trade Setup
#USDCHF
Total Profit: 225 pip
Closed trade(s): 0 pip Profit
Open trade(s): 225 pip Profit

Trade Setup:
We opened 9 BUY trade(s) @ 0.9145 (day close price) based on 'Valley' at 2020.10.13 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/U...

Open Profit:
Profit for one trade is 0.9170(current price) - 0.9145(open price) = 25 pip
9 trade(s) still open, therefore total profit for open trade(s) is 25 x 9 = 225 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.

DateOctober 31, 2020 - 20:55
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.90000, beginning of uptrend is expected.
  • We make sure when the resistance at 0.93600 breaks.
  • If the support at 0.90000 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The RSI bounced from the support #1 at 38 and it prevented price from more losses.
  • A trough is formed in daily chart at 0.9030 on 10/21/2020, so more gains to resistance(s) 0.9180, 0.9240 and maximum to Major Resistance (0.9360) 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 57.

Take Profits:

  1. 0.9180
  2. 0.9240
  3. 0.9360
  4. 0.9465
  5. 0.9550
  6. 0.9670
  7. 0.9900
  8. 1.0235
Click on the level to view price action history.

Symbol Released Current Forecast
US Dollar / Swiss Franc (USDCHF) free Sat, 23 Mar 2024
US Dollar / Swiss Franc (USDCHF) free Sun, 17 Mar 2024
US Dollar / Swiss Franc (USDCHF) Sat, 9 Mar 2024
US Dollar / Swiss Franc (USDCHF) free Sat, 2 Mar 2024
US Dollar / Swiss Franc (USDCHF) free Sun, 25 Feb 2024