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Tendorian
Jan 15, 2017 3:50 AM

USDCHF Forecast January 16-20 

U.S. Dollar/Swiss FrancFXCM

Description

Neutral as we are at a support zone and there is no breaks yet. Once broken I will short at pullbacks.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look my my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.

Comment

Tuesday

Still no clear directional signal

Comment

Wednesday

Support broke, wait for pullback to short to 0.9890

Comment

Thursday

A deep pullback but still looking down.

Comment

Friday

Pullback should be complete, downmove expected.

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