Technical Analysis Contest CLOSED

1stplaceUSD

2,500 $

2nd place USD

1,500 $

3rd place USD

1,000 $

4th place USD

750 $

5-10th place USD

500 $

11-15th place USD

250 $

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Technical Analysis Contest results for August-October 2018 published

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Technical Analysis Contest results for July-September 2018 published

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New LIVE contests launch announcement

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view all Winners

Place Nickname
Predictions

Instrument

Accuracy

Quality

Bonus

Total

Prize
Mepcuk
1st place
17 EUS.IDX/EUR 0.0111% 8 0 98 $2000
bakerator96
2nd place
37 NZD/CAD 0.0840% 5 10 91 $1500
bezalex
3rd place
64 AUD/NZD 0.0183% 2 0 87 $1000
TforT
4th place
42 USD/NOK 0.0355% 4 0 84 $690
Desormo849EU
5th place
51 EUR/GBP 0.0595% 6 0 84 $500

Contest Feed

  
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USDCHF

The USDCHF , after a bounce by 9% , is again at the level of an important static resistance that in the recent past caused a deep correction
In my opinion it will happen again ( and very soon) with the pair that in the coming days should to breach the supports provided by Woodie pivot point down to reach the S3 level
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USD/CHF range trading

Overview:

USD/CHF is in an overall ranging market between two levels: 1.000 and 0.9835
Starting for June of this year.
My long term expectation is still a dowtrend.
The price was rejected from level 1.000 several times, for this reason in the next few months i expect a downtred to meet 0.944 support level.

Weekly chart:

On the weekly chart you can clearly see the resistennce level around 1.00 aand the ranging market conditions.

Daily chart:
On the daily chart the possible scenario is describe…
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USDchf

usdchf is trading lower from past few days and breaks it strong support level...Bbands shows it is going down more and more... so the support level of percent lines showing its support level is near at 0.9700 ..which is near and will settle the price in the month of the end...
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