Frank23

Frank23

We are expecting a push towards 1.6557 which is our .618 fib level. If we see price struggle to push past this level, we will enter a short trade targeting 1.6182.

Frank23

We are looking for a reversal around the .618 fib level 1.2247. If this is seen, we plan to enter a short trade targeting 1.2042.

Frank23

We predict price to go higher over the next few weeks due to the ongoing conflict between Russia and Ukraine. We have already seen price go as high as $130 before retracing back to our 0.786 fib level. We remain cautious around our entry level as news events are moving this price.

Frank23

Price is currently on our trend line again. We have seen several rejections from this line so will wait for a clear indication that price will reject again. Our MAs are pointing to the upside which could suggest a break above our line short term however, we remain bearish on this pair.

Frank23

Price is currently on our 0.618 fib level. We will look for signs of reversal to enter short and target 0.9016.

Frank23

Price could rebound from our MA and reach 0.8558. Once price reaches this point, we will look to enter a short trade with the target 0.8255

Frank23

We’re expecting to see a drop down to 1.6850 which is a 0.618 fib level. If we see a rejection from this level, we will target 1.7580 as a long term target.

Frank23

We saw a rejection from the 0.5 fib level yesterday and MA. This morning we had another rejection from the MA which indicated further bearish momentum.

Frank23

We are looking for bullish momentum to our resistance level and 0.786 fib level. We will look to enter a short trade around 0.6698 if price shows signs of rejection from this point. We can see our MA could provide early resistance so we may see an early downside move before our entry is triggered.

Frank23

We predict a rejection from this 125.312 resistance level back to 124.209 and 0.618 fib level. From here we will look to enter a long trade around 124.209.

Frank23

We are waiting for a rejection of our support level 1.4234. If this happens, we hope to see price reach our entry point 1.1448 and 0.618 fib level before heading down to our target. As the potential rejection to the upside is quiet big, this could be a good chance for a long trade if our prediction is correct.

Frank23

We expect price to reject from our MA back down to our trend line and 0.618 fib level. We will look to enter a long trade around 114.010.

Frank23

We expect price to retrace from last week’s previous highs back to our ascending trend line which is also a 0.618 fib level. Once price has hit this point, we will look to enter a long trade around 1.1328.

Frank23

We have seen a rejection from our fib level 0.786 so looking for short entries around 1.3646. We remain cautious of our MA as it could provide support causing price to reverse to the upside, making our prediction invalid.

Frank23

Price has rejected from our resistance level and 0.618 fib level. We expect to see strong bearish momentum this week.

Frank23

Entered this trade this morning. Price hit our predicted entry level and is now going towards our target.

Frank23

We see a rejection from our key level now. We will enter a short trade when price builds a bit more bearish momentum as we have seen price reverse from this point before.

Frank23

Entered this trade this morning. Currently 27+ pips in profit. We expect to see further CHF strength pushing price down to 0.9000.