Forex Forecast for 21-25 March 2016
First, about last week’s forecast:
The USD/CHF pair was supposed to go down to support at 0.9700, which happened. The pair even overdid it a bit – it dropped 50 points going down to 0.9650 and entered a sideways trend, carefully sticking to the 0.9700 area just as the analysts had said.
Forecast for Upcoming Week
Summarizing the views of several dozen analysts from leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested:
Graphical analysis on H4 and 70% of the experts insist that USD/CHF should rise at least to resistance at 0.9850, with the ultimate target of moving above the key level of 1.0000. Support remains at 0.9650.
Roman Butko, NordFX
The USD/CHF pair was supposed to go down to support at 0.9700, which happened. The pair even overdid it a bit – it dropped 50 points going down to 0.9650 and entered a sideways trend, carefully sticking to the 0.9700 area just as the analysts had said.
Forecast for Upcoming Week
Summarizing the views of several dozen analysts from leading banks and broker companies as well as forecasts based on different methods of technical and graphical analysis, the following can be suggested:
Graphical analysis on H4 and 70% of the experts insist that USD/CHF should rise at least to resistance at 0.9850, with the ultimate target of moving above the key level of 1.0000. Support remains at 0.9650.
Roman Butko, NordFX
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.