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 Swiss Franc / Japanese Yen technical chart
Symbol CHFJPY

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (112.25 to 111.50). 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 (112.25)
    • Support on 10/23/2014
    • Support on 10/22/2014
    • Support on 10/16/2014
    • Support on 10/13/2014
    • Support on 08/08/2014
    • Support on 08/07/2014
    • Support on 08/06/2014
    • Trough on 07/31/2014
    • Trough on 07/28/2014
    • Trough on 07/25/2014
    • Trough on 07/24/2014
    • Support on 07/24/2014
    • Trough on 07/23/2014
    • Support on 07/23/2014
  • Ending of entry zone (111.50)
    • Support on 10/16/2014
    • Support on 11/27/2013

DateDecember 13, 2014 - 18:24
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

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

Technical analysis:

  • A peak is formed in daily chart at 124.50 on 12/10/2014, so more losses to support(s) 120.65, 119.15, 117.70 and minimum to Trend Hunter Buy Zone (112.25 to 111.50) 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 62.

Take Profits:

  1. 113.40
  2. 114.40
  3. 116.20
  4. 117.70
  5. 119.15
  6. 120.65
  7. 124.15
Click on the level to view price action history.