EUR/CHF extends rally

Hey, UBS got to pay for Kweku Adoboli's trading damage!

That's a highly doubtful rumor, certainly not going to motivate anyone to convert hundreds of millions of francs to something else. Any bank attempting such a tactic would merely lose all their prima donna depositors to competitor banks and they know that. Besides, just how difficult is it to spread one big account across several accounts with 50 million in each?

agreed that's why it coming down now and tommarow EURCHF will be back again to 2050 but good really

it is not only CHF suffering in the hand of EUR...EUR is just trashing every major on its path...only aud is fighting back...

it spike up and plunge after, i guess is buy the rumors sell the news here

the Q is "can Eur/Usd see 1.3130?"

Very good probability is there to reach 1.3130..... I believe so....

An object at rest (price in equilibrium) will remain at rest (in equilibrium/consolidation) unless acted on by an unbalanced force (signed order flow). An object in motion continues in motion with the same speed and in the same direction (think price phased in one direction and growing at the same rate - think moving average rate) unless acted upon by an unbalanced force (consumes the available order flow).
This law is often called
"the law of inertia". Its Newtonian dialectics and explains price exactly for definite pip distances (its linear most basic behavior) but does not describe the trends and phases of price - for that you need chaotic principles (to explain non linear behavior).

Investers r buying aud dont u see that....? hahaha

I rarely ever look at this pair is it a good pair to trade people - how does it play jerky and full of surprises or keeps its promises?

This kicker looks like not long lasting. Sounds like strom for EUR is commingand SNB needs to clean balance sheet.

is it true!!! than what investors would buy instead of franc yen usd or euro?

the EUR/USD can, i'm on a long trade on that, technicals look good as indicators show a strong upmove on the longer time frames. i have my eyes on the top bands as well...