http://forexmillion.com/ ru FOREXMILLION - forex forecast, trading signals DataLife Engine http://forexmillion.com/forex-forecast/usd-chf/323-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/323-usdchf-forecast.html H4 graph    The pair is forming the right shoulder of a “head and shoulders” trend-turning figure at current level 1.0685. It rebounds from the lower bound of “M-M+” daily sideways trend (1.0622) and rises above the “a-a+” downtrend, starting the transition of the downtrend/sideways pattern to an uptrend.    The first sign of the trend’s turn was seen in the pair’s rising above level 1.0720 (getting over the higher bound of “a-a+” H4 downtrend), which cleared the road up to level 1.0775 (the higher bound of “H-H+” H4 downtrend). In case the pair rises above the latter level, next target will be set to 1.0860 (the higher bound of “M-M+” D1 sideways trend).    Right now I can state that the pair will get to level 1.0860 within the next few days. For this reason I recommend buying from current levels with target set to 1.0860 and stop loss set to 1.0600.     Daily graph    Starting from the previous forecast on daily graph I supposed that the pair would rebound from level 1.0750 (“Y” trend line – highly important trend line, which can not be passed easily) with a rising target set to 1.1245 – this forecast persists.     The pair has been forming the “K-K+” sideways trend for two months since 06/01/09. On July, 21 the pair attempted to drop below this trend’s lower bound, but failed: the pair rebounded from the lower bound of “M-M+” daily sideways trend (level 1.0622) and, as a result, 3 signs of trend’s turn appeared on H4 graph. If an attempt to break the “K-K+” trend’s lower bound was successive, the pair would drop to support level 1.0330. However, such events progression is resisted by current picture over USD/CHF as well as by a complex picture over all the rest major currency pairs, which speak in favor of the dollar drop within the next two months (550 pips USD/CHF, 650 pips EUR/USD, 1000 pips GBP/USD).    The uptrend may be empowered by the fact of rising above level 1.0775, and then of a very important key level 1.0900 (the higher bound of “M-M+” D1 sideways trend), rising above which will clear the road up to target level 1.1145–1.1245.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Tue, 28 Jul 2009 02:20:54 +0300 http://forexmillion.com/forex-forecast/usd-chf/317-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/317-usdchf-forecast.html H4 graph    Pair’s inability to rise above level 1.0920 (consolidation above “K” trend line) eventually became a reason of drop to level 1.0775 (“N” trend line). After that, pair fell below this support setting the lowering target to the next support at 1.0750 (09/07/09 low). If the pair manages to pass that support too, it will get down to level 1.0680 (the lower bound of “P-P+” daily sideways trend). In case the pair rebounds, it will reach resistance level 1.0830 and then 1.0920.       Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Thu, 16 Jul 2009 12:18:17 +0300 http://forexmillion.com/forex-forecast/usd-chf/312-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/312-usdchf-forecast.html H4 graph    The pair fails to develop an uptrend again and again because of a strong resistance at level 1.0915 (“K” trend line). However, taking into consideration the picture at daily graph, the pair will eventually break above 1.0915 and get to resistance level 1.1050 (the higher bound of “C-C+” weekly downtrend). After passing 1.1050, it will then reach accumulation of supports in range between levels 1.1145 and 1.1245.   Trend status: side trend Support: 1.0800 and 1.1075 (key support) Resistance: 1.0915, 1.1010, 1.1050 and 1.1200 (key resistance)       Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Mon, 13 Jul 2009 01:51:40 +0300 http://forexmillion.com/forex-forecast/usd-chf/305-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/305-usdchf-forecast.html H4 graph    The pair’s trading continues within a side trend; however the analysis of other main pairs speaks in favor of emerging an impulse to develop an uptrend.       The pair got over level 1.0845 (broke the higher bound of “a-a+” H4 downtrend), what clears the road up to resistance 1.1145 (the higher bound of “C-C+ weekly downtrend).   Trend status: side trend in transition to uptrend Current supports: 1.0830 Resistances: 1.0880, 1.0940, 1.1145     Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Sun, 05 Jul 2009 21:42:03 +0300 http://forexmillion.com/forex-forecast/usd-chf/296-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/296-usdchf-forecast.html H4 graph    The pair couldn't get any lower than support level 1.0780 and then went above level 1.0800 ("Y" trend line), what speaks about the pair's intention to test resistance level 1.0940 ("triangle" figure's higher bound). Next, the pair will rise above this level and get a growing target at level of intermediate resistance 1.1030 ("K" trend line; because the pair is being traded above the higher bound of "B-B+" daily downtrend). Level 1.0940 will become a support then. After getting over level 1.1030 the pair will get a growing target to key resistance levels 1.1145 - 1.1245. Currently support is at level 1.0800.     Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Mon, 22 Jun 2009 23:00:48 +0300 http://forexmillion.com/forex-forecast/usd-chf/289-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/289-usdchf-forecast.html H4 graph    A slight correction takes place, but current trend remains an uptrend because the market is being traded above the higher bound of “B-B+” daily downtrend. The target of the pairs’s growth is set to accumulation of resistances between levels 1.1145 and 1.1245. The pair is supposed to find a support at level 1.0780 (“Y” trend line). After that the pair will reach level 1.0960 (“P” trend line), and then 1.1030 (“K” trend line). Next, it will rise above 1.1030 and will continue to grow straight to our target levels.       Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Wed, 17 Jun 2009 00:33:17 +0300 http://forexmillion.com/forex-forecast/usd-chf/283-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/283-usdchf-forecast.html H4 graph    The pair is being traded above the higher bound of “B-B+” daily downtrend, what speaks in favor of getting to target levels 1.1145/1.1245 soon. Besides, the pair has gone above the higher bound of H4 “a-a+” downtrend, amplifying the potential of this scenario to take place. To continue confident growing, the market needs to get over level 1.0860 (the neckline of a flipped “head and shoulders” figure). After that, level 1.1030 (“K” trend line) is supposed to be reached, and if the pair rises further, it will likely get to accumulation of resistances in the range between levels 1.1145/1.1245.       Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Sun, 14 Jun 2009 22:16:44 +0300 http://forexmillion.com/forex-forecast/usd-chf/275-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/275-usdchf-forecast.html H4 graph    The pair got over resistance level 1.0868 (over the higher bound of “B-B+” uptrend). That cleared the way for growing up to resistance level 1.1145, which is supposed to be reached by the pair soon.    Level 1.0868 is the support. In case the pair rises above target resistance 1.1145, it will get to resistance 1.1245. On the other hand, we can’t say that current uptrend is changed to downtrend until the pair drops below support level 1.0770 (“Y” trend line).     Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Mon, 08 Jun 2009 21:46:17 +0300 http://forexmillion.com/forex-forecast/usd-chf/265-usdchf-forecast.html http://forexmillion.com/forex-forecast/usd-chf/265-usdchf-forecast.html H4 graph    The pair is being traded along the “B-B+” downtrend, below the important resistance level 1.0760 (“Y” trend line). Level 1.0600 is the support. I supposed “B-B+” trend to be finished at level 1.0750, however the pair went under it; now we can speak about the trend’s turn only if the pair goes above the level 1.0760. In fact, on the way up there are two resistances waiting to be willingly grabbed by bears thus suppressing the uptrend – these are levels 1.0832 and 1.0900 (“K” trend line). Hence, until the pair rises above the level 1.0900, we’d better wait for a clear formation of a trend-turning figure or just remain idle for a while – for the reason that “B-B+” downtrend can not be turned easily.     Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.   USD/CHF Kolganov Anton Tue, 02 Jun 2009 23:02:04 +0300 http://forexmillion.com/forex-forecast/usd-chf/257-usdchf-forecast-h4-monthly-graphs.html http://forexmillion.com/forex-forecast/usd-chf/257-usdchf-forecast-h4-monthly-graphs.html Monthly graph    Bouncing off the “E-E+” trend’s higher bound and also leaving the “C-C+” trend (weekly graph) imply that minimum 1.0366 is meant to be updated, and then the pair is going to drop to “Q” trend line – level 1.0010 / 1.1000. After this level is reached, the pair is supposed to grow to approx. 1.1300 (“E+” trend line) and if this line gets broken, the “Wolf wave” model will take effect. The growth above level 1.1300 will state the completion of the 5th wave and beginning of the 6th one with the target of growth set to level 1.3200.     Weekly graph    The pair had broken the lower bound of “C-C+” trend and also bounced off the “E+” trend line, what implies dropping to “Y” trend line (1.0750), updating the minimum 1.0366, and further dropping to “Q” trend line – level 1.0010 (the graph is obsolete, that’s why the price is 1.1560 and “Q” trend line is missing on it).     Daily graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.1428 is supposed to happen. For this scenario to be developed, the pair needs to get over the “K” trend line and also over the “B-B+” trend’s higher bound.     H4 graph    The pair had almost reached a very important support level 1.0750 (“Y” trend line); a correction from there to resistance level 1.0950 (higher bound of “B-B+” trend) is supposed to happen. We should expect dropping to 1.0750 and try to consider buying from there. In succession, additional buying will be possible after the pair rises above the “K” trend line (~1.0950) and above the “B+” trend line; since after the “Y” trend line is touched, the pair is supposed to break the higher bound of “B-B+” trend and the target of growth is likely to be set to level 1.1428 (daily graph). For these reasons, current levels may be a good chance for opening long-term buying positions at the very basis.   USD/CHF Kolganov Anton Wed, 27 May 2009 22:53:32 +0300