First, a review of last week's forecast:
- the forecast for USD/CHF was only upward movement, and the pair did reach 0.9950. Now just 50 points separate it from the landmark 1.0000.
Forecast for the coming week.
Summarizing opinions of several dozen analysts from leading banks and broker companies as well as forecasts made on the basis of different methods of technical and graphical analysis, the following can be proposed:
- the forecast for USD/CHF is still upwards. Although the experts and indicators on H1 and H4 don't rule out that the pair may take a breather within 0.9810-0.9900, the ultimate target remains 1.0000-1.0100. As for a longer-term monthly forecast, 25% of the analysts and graphical analysis on D1 warn that on reaching 1.0000, the bulls may become weaker and the pair will roll back to 0.9500.
- the forecast for USD/CHF was only upward movement, and the pair did reach 0.9950. Now just 50 points separate it from the landmark 1.0000.
Forecast for the coming week.
Summarizing opinions of several dozen analysts from leading banks and broker companies as well as forecasts made on the basis of different methods of technical and graphical analysis, the following can be proposed:
- the forecast for USD/CHF is still upwards. Although the experts and indicators on H1 and H4 don't rule out that the pair may take a breather within 0.9810-0.9900, the ultimate target remains 1.0000-1.0100. As for a longer-term monthly forecast, 25% of the analysts and graphical analysis on D1 warn that on reaching 1.0000, the bulls may become weaker and the pair will roll back to 0.9500.