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Bismillah
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
Read more: http://articles.businessinsider.com/...#ixzz1l3Kvq7sR
there are a lot of stops below 1.20 ~1.195 area I guess. If we break 1.20 we see a free fall of e/c
DislikedYes, there will probably be a move in one on other direction. I just hope that SNB does something and retail traders do not lose again to speculators.Ignored
Disliked"The Swiss National Bank (SNB) is therefore aiming for a substantial and sustained weakening of the Swiss franc. With immediate effect, it will no longer tolerate a EUR/CHF exchange rate below the minimum rate of CHF 1.20. The SNB will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities."
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Read more: http://articles.businessinsider.com/...#ixzz1l3Kvq7sR
there are a lot of...Ignored
Dislikedi think that i'm wasting my time within this 48+ hours waiting for SNB interventions while other pair such as E/U already did 300+ pips with up and down moves..Ignored
DislikedExactly...waste all our time. Luckily for me, I did some long at USD/JPY and close d with some pips. At least that pair moves unlike this pair.Ignored
Dislikedlook at GBPCHF 1H timeframe .. and tell me what happen with EURCHF 1H ... lolIgnored
Dislikedlook at GBPCHF 1H timeframe .. and tell me what happen with EURCHF 1H ... lolIgnored
DislikedThe UBS has lost more than 2 Billion on shorting eur/chf last september.
Now they are long. The Creditsuisse is long too. We heard today, that Barcap is buying at 1.2025-30 level.
Maybe there is a cooperation about this big banks and SNB. They buy eur/chf at this level, and make comments (verbal intervention). This good for SNB because no need to pay to keep the peg for some days.
And good for this banks, because if the SNB will raise the peg later this year, they will get their profit.
If it is true we should follow them. Buy this level...Ignored
DislikedThe UBS has lost more than 2 Billion on shorting eur/chf last september.
Now they are long. The Creditsuisse is long too. We heard today, that Barcap is buying at 1.2025-30 level.
Maybe there is a cooperation about this big banks and SNB. They buy eur/chf at this level, and make comments (verbal intervention). This good for SNB because no need to pay to keep the peg for some days.
And good for this banks, because if the SNB will raise the peg later this year, they will get their profit.
If it is true we should follow them. Buy this level...Ignored
DislikedThe UBS has lost more than 2 Billion on shorting eur/chf last september.
Now they are long. The Creditsuisse is long too. We heard today, that Barcap is buying at 1.2025-30 level.
Maybe there is a cooperation about this big banks and SNB. They buy eur/chf at this level, and make comments (verbal intervention). This good for SNB because no need to pay to keep the peg for some days.
And good for this banks, because if the SNB will raise the peg later this year, they will get their profit.
If it is true we should follow them. Buy this level...Ignored