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: 2777 pip
Closed trade(s): 1081 pip Profit
Open trade(s): 1696 pip Profit
_______________________________________________
Trade Setup:
We opened 8 BUY trade(s) @ 0.9551 (day close price) based on 'Hammer' at 2017.08.29 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/U...

Closed Profit:
TP1 @ 0.9695 touched at 2017.09.14 with 144 pip Profit.
TP2 @ 0.9770 touched at 2017.10.03 with 219 pip Profit.
TP3 @ 0.9860 touched at 2017.10.23 with 309 pip Profit.
TP4 @ 0.9960 touched at 2017.10.26 with 409 pip Profit.
144 + 219 + 309 + 409 = 1081 pip

Open Profit:
Profit for one trade is 0.9975(current price) - 0.9551(open price) = 424 pip
4 trade(s) still open, therefore total profit for open trade(s) is 424 x 4 = 1696 pip
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.9550 to 0.9440). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.9550)
    • Support on 09/12/2017
    • Support on 09/06/2017
    • Support on 09/05/2017
    • Support on 09/04/2017
    • Support on 09/01/2017
    • Support on 08/30/2017
    • Support on 08/29/2017
    • Support on 08/25/2017
    • Resistance on 07/26/2017
    • Resistance on 07/20/2017
    • Support on 06/30/2017
    • Support on 06/29/2017
    • Support on 11/09/2016
    • Trough on 11/09/2016
    • Support on 06/24/2016
    • Support on 06/23/2016
    • Support on 06/22/2016
    • Resistance on 04/12/2016
    • Resistance on 04/11/2016
    • Support on 04/07/2016
    • Support on 04/06/2016
    • Support on 04/05/2016
    • Support on 04/01/2016
    • Support on 10/21/2015
    • Support on 10/20/2015
    • Support on 10/13/2015
    • Support on 09/18/2015
    • Resistance on 08/26/2015
    • Support on 07/31/2015
    • Support on 07/27/2015
    • Support on 07/23/2015
    • Support on 07/22/2015
    • Support on 07/21/2015
    • Resistance on 07/15/2015
    • Resistance on 05/27/2015
    • Resistance on 04/29/2015
    • Support on 04/16/2015
    • Support on 04/07/2015
    • Support on 04/02/2015
    • Support on 03/27/2015
    • Support on 03/26/2015
    • Support on 03/25/2015
    • Support on 03/24/2015
    • Resistance on 02/27/2015
    • Resistance on 02/26/2015
    • Trough on 12/18/2014
    • Trough on 12/17/2014
    • Trough on 12/16/2014
    • Support on 12/16/2014
    • Support on 11/20/2014
    • Support on 11/19/2014
    • Support on 11/17/2014
    • Support on 10/31/2014
    • Resistance on 10/29/2014
    • Resistance on 10/24/2014
    • Resistance on 10/23/2014
    • Resistance on 10/22/2014
    • Resistance on 10/15/2014
    • Resistance on 10/14/2014
    • Resistance on 10/09/2014
    • Support on 10/07/2014
    • Resistance on 09/30/2014
    • Support on 07/05/2013
    • Support on 05/14/2013
    • Resistance on 03/28/2013
    • Peak on 03/28/2013
    • Resistance on 03/27/2013
    • Resistance on 03/14/2013
    • Resistance on 03/08/2013
    • Resistance on 09/07/2012
    • Support on 09/05/2012
    • Support on 08/30/2012
    • Support on 08/29/2012
    • Support on 08/28/2012
    • Support on 08/24/2012
    • Support on 08/23/2012
    • Resistance on 07/03/2012
    • Resistance on 07/02/2012
    • Resistance on 06/19/2012
    • Resistance on 06/18/2012
    • Support on 06/13/2012
    • Support on 06/08/2012
    • Resistance on 05/23/2012
    • Resistance on 01/17/2012
    • Resistance on 01/16/2012
    • Resistance on 01/13/2012
    • Resistance on 01/12/2012
    • Resistance on 01/11/2012
    • Resistance on 01/05/2012
    • Peak on 12/21/2011
    • Peak on 12/20/2011
    • Peak on 12/19/2011
    • Peak on 12/16/2011
    • Resistance on 12/15/2011
    • Peak on 12/15/2011
  • Ending of entry zone (0.9440)
    • Support on 08/29/2017
    • Support on 07/24/2017
    • Trough on 07/21/2017
    • Support on 07/21/2017
    • Trough on 05/04/2016
    • Trough on 05/03/2016
    • Support on 05/03/2016
    • Support on 10/29/2014
    • Support on 10/28/2014
    • Resistance on 10/16/2014
    • Resistance on 09/18/2014
    • Support on 07/15/2013
    • Support on 07/12/2013
    • Support on 07/11/2013
    • Support on 07/03/2013
    • Support on 07/02/2013
    • Resistance on 06/26/2013
    • Resistance on 06/06/2013
    • Peak on 06/06/2013
    • Support on 06/04/2013
    • Support on 06/03/2013
    • Resistance on 05/07/2013
    • Peak on 05/07/2013
    • Peak on 10/05/2012
    • Peak on 10/04/2012
    • Peak on 10/03/2012
    • Peak on 10/02/2012
    • Peak on 10/01/2012
    • Peak on 06/06/2011

DateOctober 28, 2017 - 13:30
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • The current trend is uptrend and the forecast is continuation of uptrend.

Technical analysis:

  • A trough is formed in daily chart at 0.9735 on 10/19/2017, so more gains to resistance(s) 1.0100, 1.0210, 1.0325 and more heights 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 71.

Take Profits:

  1. 0.9695
  2. 0.9770
  3. 0.9860
  4. 0.9960
  5. 1.0100
  6. 1.0210
  7. 1.0325
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