EUR/CHF sharply lower, rumours swirl
Written by Gerry Davies
July 29, 2010 at 10:52 GMT
EUR/CHF down at 1.3650 from early 1.3740 as rumuors swirl that the Swiss National Bank is preparing a September rate hike.
www.forexlive.com
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DislikedThis seems to be the reason:
EUR/CHF sharply lower, rumours swirl
Written by Gerry Davies
July 29, 2010 at 10:52 GMT
EUR/CHF down at 1.3650 from early 1.3740 as rumuors swirl that the Swiss National Bank is preparing a September rate hike.
www.forexlive.comIgnored
Dislikedit was in the news for months. e-banks and the stress test. they needed x amount of cash in reserves. so to get this they horded euros thus making euros in short supply the last month plus. hording euros made the value of the euro increase. by removing them from the system. not all banks are yet fully funded. (the 7 failed ones). so in supply verses demand there are less euros (credit) to loan. less euros loaned means less houses sold.(less everything sold). so it becomes a buyers market and home prices are reduced. making the mortgages held by...Ignored
Dislikedtrend is your friend. You're trying to catch the top, if you can allow for loss then you can try
We have failed that "diamond" pattern, possible triple top, at the end price broke range so very high chance to get 1.3120-1.3150 first before fall.Ignored
Dislikedyea double top already there but until we are holding level of 3040 we can't go lower now let see how it reacts there otherwise will go long from there
good luck
UbIgnored
Disliked... and yes it is a pain to scalp on 1m and 5m before anyone asks... cant enter any 15m 4h oder 30m trades today because of this bullshit...Ignored
DislikedBuy on this 1 hr candle for me.price now 2990.target for begining 100 pips.
will see
http://cdn.forexfactory.com/attachme...1&d=1280257771Ignored
Disliked4hr chart for me looks like this.2 longs on white line.1st was few days ago and second on opening of this 4 hr candle.First targets writen below.
http://cdn.forexfactory.com/attachme...1&d=1280394330Ignored
Dislikedbecause we have broked important resistance of 3040 which is become a support now until it will hold we can't go lower may be we can get bounce from there and went up all the way to 3120-50 but if it will break then 2980 will be next
UbIgnored