Anyone who though it was developing a triple bottom over there is so burned wright now. Personally, I have been short on this pair since the beginning of the current month and I have added one more trade on the same direction: south.
GBP/CHF and USD/CHF 955 replies
Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies
EUR/CHF, USD/CHF turning up? 1 reply
Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedSomebody coverd either their shorts or has provided some price stability.
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Lets see were we go, but the SNB is getting vocal and as their interventions in the past have been most of the time useless I would hate to be on the wrong side when P.Hildebrand presses the buy button.
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DislikedEUR/CHF is a perfekt for long from current level - 1.2360/1.2410
In long term i expect par rice to 1.44-1.48
Now for now is under press about Greece and Portugal debt problems, but after next rice of rates from ECB, EUR/CHF will rice quick over 1.32. I expect this move in september.Ignored
DislikedIncredible price levels indeed. Poor Switzerland to save the world. Wow. For me a clear buy long term!Ignored
QuoteDislikedUSD/CHF: downtrend (no one likes the Dollar anyway)
DislikedThe trend for the CHF is in a strong up:
CAD/CHF: downtrend (gosh: today making new record low)
CHF/JPY: uptrend (may be pushing into new high)
CHF/ZAR: uptrend (gosh: not even in a carrytrade would CHF go down)
EUR/CHF: downtrend (not even desperate National Bank intervention could help it)
GBP/CHF: downtrend (no one wants the Pound)
USD/CHF: downtrend (no one likes the Dollar anyway)
How much more obvious could it be?
CHF uptrend - everything else against it is downtrend
Think of a CHF-Basketindex, it would be skyrocketing, only making...Ignored