USDCHF has left upward channel. Backward test of previous lower band suggests re-enter in the sell trade targeting 0.9690 and 0.9640. Close sell once USDCHF returns in the channel range (close above 0.9750).
Short position inside ascending channel. Forecast remains actual until USDCHF trades below 0.9790.
The reason why we feel EURUSD may SINK. * On weekly basis it has just started moving DOWN. * Bullish Engulfing in weekly Chart . * To SINK and come near .9627 levels * Stoch RSI (3,3,14,Close) is Sinking. * RSI (14,CLOSE) is Sinking. * CCI (20,CLOSE) is Sinking. Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our...
We expect USDCHF to sink on weekly basis. *CCI is sinking *RSI is sinking *STOCHASTICS RSI is sinking We would like to short USDCHF bellow: 0.9906 SL: 0.9921 TGT 01: 0.9870 TGT 02: 0.9854 TGT 03:0.9803. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before...
There are many reason why we feel it may Rise. * It has formed hammer 2 weeks ago in weekly chart . * To Rise and come near 1.0026 levels * Stoch RSI (3,3,14,Close) clearly states it may Rise. * RSI (14,CLOSE) Is also of the same view. * CCI (20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to...
First, about the forecast for the previous week: Tthe forecast for USD/CHF by graphical analysis and 40% of the analysts turned out to be totally correct. The pair continued to move upward to 0.9967, took a break and went down to support at 0.9890. Forecast for Coming Week Summarizing the views of several dozen analysts from world leading banks and broker...
USDCHF Poised to go up. There are many reason why we feel USDCHF may rise. 01. It could not touch quarterly sell level. 02. Hammer & Bullish Engulfing pattern in daily Chart. 03. To rise and clear quarterly targets it has to come down to gain momentum for up move. 04. Stoch RSI (3,3,14,Close) clearly states the USDCHF may rise. 05. RSI(14,CLOSE) Is also of...
First, about last week’s forecast: The analysts were at a loss regarding USD/CHF. The indications of graphical analysis were only partially correct. As expected, at the beginning of the week the pair approached 0.9980, then went down and quickly reached support at 0.9800. After that, instead of rebounding, USD/CHF moved further down, touched the bottom at 0.9660...
First, a review of last week’s forecast: Graphical analysis on D1 insisted that USD/CHF should go down to support at 0.9920, and it did, mirroring EUR/USD’s movement. Forecast for Upcoming Week Summing up the views of several dozen analysts from world leading banks and broker companies as well as forecasts based on different methods of technical and graphical...
First, about last week’s predictions: Two weeks ago, the immediate target for USD/CHF was a rise to 1.0250. Last week, graphical analysis lowered it to 1.0210, which it shouldn’t have done as the pair easily reached 1.0255 on Friday, countering the rush to change forecasts. Forecast for Coming Week Summing up the views of scores of analysts from world leading...
USDCHF is starting to complete its corrective structure. If this count holds true it should take half the time to reach its profit target then it took to correct. Zig Zags tend to retrace 100% of the prior wave A or W. The minimum requirement for a C wave or Y wave is 61.8% to be complete. I chose the 61% level to not pick bottoms and have a high probability setup...
First, a review of last week’s forecast: There was no consensus about USD/CHF. The forecast by graphical analysis on H1 turned out to be more or less correct with some approximation – a rise to 1.01125 (the pair went up to 1.00825) and then a return to 1.0020 (the pair stopped at 1.0000). As for larger timeframes, graphical analysis on D1 had forecast quite a...
For starters, a review of last week’s forecast: On Monday, after breaking through support at 0.9920, USD/CHF tried to go down to the next level of 0.9800 but failed. As predicted by graphical analysis, the pair rose to the upper boundary of the range – 1.0100. On reaching it, in accord with the experts’ opinion, the pair returned to its main level of the last...
Here is my possible wave count for the USDCHF. Rather this is X or 2, we have a setup for a good entry for a trade here. Stop loss would be above the Circle X. The 61.8% is a very conservative high probability target. If you can watch the count all day then maybe you can go lower, however im not planning to catch the entire move, just the probability of reaching...
First, about the forecast for the past week: The prediction for USD/CHF was 100% correct in regards to the trend direction. The pair was supposed to rise to 1.0700 at the start of the week and then return to the 0.9850 support level. However, developments on stock markets sharply increased the pair’s volatility, and, as a result, it was able to get up to 1.0123...
First, a review of last week’s forecast: Graphical analysis indicated that 0.9850 would become support for USD/CHF and the pair would move up from there to the landmark of 1.0000, which worked out 100%. For a second week in a row, only technical and graphical analysis has been used for the forecasts as all leading analysts are still on holidays. However, the...
First, a review of last week’s predictions: - the USD/CHF pair gave the impression that Swiss bankers closed down for the holidays – the pair went neither up nor down but remained at the pivot point of the past 3 weeks, i.e. 0.9900. Forecast for the Coming Week It has to be noted that all analysts are off for the holidays, and thus forecasts will be based on...