EUR/CHF

the rising wedge was held. Its quite possible the downward move will have to wait a little more. 1.36 is a nice short-term target option for now. Beljevina the problem is that the momentum didn't follow the bear signal we've had on this chart.

http://preview.shareapic.net/preview7/023673142.gif

EUR/CHF is kind of hard for me. Trading Daily Chart would be the best option to trade.

Nice call.

i trade forex only on short and middle term.
On EUR/CHF i had a good opportunity on week #41
See the screenshot :-)

Not sure what you are looking at, but this seems to me like something

going on with CHF in general, Weakens accross the board. I don't remember

last time I saw CHF that weak.. SNB up to something? Cause all pairs

just in parabolic move against CHF.. Looks like EURCHF just buy deeps and

hold to 1.50 area.. If this weakness continues next week, then that be

it, trend is changing.

I would expect SNB to increase rates soon, and that would shoot the chf up again..

Time will tell, but, i don't see such a strong trend change that quickcly.

Found some view on that:

"
EUR-CHF and interest rate spreads
EUR-CHF has been reluctant to participate in the EUR strength evident in other crosses, but now the market bidding up EUR-CHF on its recent break of Key resistance around 1.3500 after a false breakout Thursday.
What is the reason for the CHF weakness?
Perhaps the panic easing off on the precious metals trade is one reason, but also the interest rate spread has started stretching more drastically to the Euro’s advantage, as the 2-year swap spreads between the EuroZone and Switzerland indicate.
The speed that the EUR rates have moved higher lately is really unsustainable from my POV, though one could argue that there is more upside to price into this pair if spreads are the only focus.
Further out, one wonders how long the market can fail to focus on the longer run sovereign debt/EuroZone framework issues and the potential for a situation like that in France to spiral out of control.
At present, the market is trading the Euro like Germany is the only country in the bloc. Stay Tuned…Paul A. Ebeling, Jnr."

hi guys

i have a buy limit order @1.3510 with a 60 pip SL.

Hey ecefx =)

Here's what I'm watching on this pair

hey z3r0

you are looking for a short opportunity,maybe...

here is how i think: the fib50 died,fib 61.8 died so this pair is trending to the upside.if it comes down to the 3500 area (this area is a very heavy support,it lines also with the fib61.8) that will be a great buy opportunity i think.
also don't forget the EUR strenght...

do you think that your trendline is a valid one?

Hey =)

sure it is valid, it wasn't broken yet.. i'm looking to buy at that lower trendline and sell at the upper trendline with tight stops and having in mind psychological levels and fibs for the entry. I see how you're thinking but look, if these lines do maintain then that's a rising wedge heading for a daily 200 ema which should act as a strong resistance. I would place a short at 1.37 if the price gets there again and a buy around the 1.35/61% fib/trendline for a tp of 1.37

And adding median studies... It backs up the idea that it is in an uptrend [for now] but that the reversal might be near. In this case, top of the fork channel also near the ema 200. And notice the 3 averages, it is still a downtrend and this might be a simple expected correction.

Long time no see guys

Looks like EUR/CHF has fallen enough, and now is forming an inverted Head & Shoulder on the weekly chart. Hope I've got it right this time.

I have a big short opened at daily EMA200 but I won't be releasing it just yet. Here I show up why with various analyses. They all are of bearish scenarios excluding the last 2 that depict a possible bullish scenario

Just added another short @ 1.3455 [set my tp 1.3180 and sl 1.3545]
The first one is +329 pips at the moment.

another bear clue

A good time to sell E/Chf.. E/J also.

Adding more shorts...

There was a really nice rejection at 61.8% fib where the psychological level 1.36 is met.

You guys are still adding more short?