USDCHF - Weekly forecast, Technical Analysis & Trading Ideas

Midterm forecast:

• 0.89147 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  
• We will close our open trades, if the Midterm level 0.89147 is broken.
  

Technical analysis:

• A trough is formed in daily chart at 0.89645 on 01/27/2025, so more gains to resistance(s) 0.91497, 0.92218, 0.94400 and more heights is expected.
  

Take Profits:

1. 0.85510
   
2. 0.86286
   
3. 0.87474
   
4. 0.88195
   
5. 0.89147
   
6. 0.90367
   
7. 0.91497
   
8. 0.92218
   
9. 0.94400
   
10. 0.96000
    
11. 0.99200
    
12. 1.01453
    

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