Midterm forecast: While the price is above the support 0.9180, beginning of uptrend is expected. We make sure when the resistance at 0.9900 breaks. If the support at 0.9180 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.967). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9745. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9675. TP4: S2=0.965. Set the stoploss of these orders at breakout of R2=0.979. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9755. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.979. TP4: R2=0.98. Set the stoploss of these orders at breakout of S2=0.9745. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9765. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.9725. TP4: S2=0.9705. Set the stoploss of these orders at breakout of R2=0.9785. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.996. TP4: S2=0.994. Set the stoploss of these orders at breakout of R2=1.002. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9905. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.994. TP4: R2=0.9965. Set the stoploss of these orders at breakout of S2=0.9895. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.986. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.991. TP4: R2=0.9925. Set the stoploss of these orders at breakout of S2=0.984. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9816). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of downtrend is expected. . Price is below WEMA21, if price rises more, this line...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.9825. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.9865. TP4: R2=0.9905. Set the stoploss of these orders at breakout of S2=0.9805. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.9795. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=0.974. TP4: S2=0.9695. Set the stoploss of these orders at breakout of R2=0.9815. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.005. TP4: S2=1.0035. Set the stoploss of these orders at breakout of R2=1.012. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.01. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0045. TP4: S2=1. Set the stoploss of these orders at breakout of R2=1.013. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=1.0105. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=1.0065. TP4: S2=1.0045. Set the stoploss of these orders at breakout of R2=1.0115. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
this chart clearly gives you an idea the USD/CHF has crossed the green line So, its conform sell , take profits are shown clearly .
Signal no.5 Sell Nzd/Chf @ 0.6807 Tp - 0.6755 & 0.6720 Sl - 0.6820 (13 pips) Resistance around 0.6810