USD/CHF | Page 45 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CHF

Similar Threads

GBP/CHF and USD/CHF 955 replies

Correlation EUR/USD, USD/CHF, EUR/CHF (Humour me please... Thx) 8 replies

Can only view EUR/USD, GBP/USD, USD/JPY, USD/CHF through broker? 1 reply

EUR/CHF, USD/CHF turning up? 1 reply

Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies

Attachments: USD/CHF
Exit Attachments

USD/CHF

  • #881
  • Jan 21, 2011 3:00am Jan 21, 2011 3:00am
Quoting MidasFX
Any thoughts on how far down this retracement will go? I see some fibs around the 0.9600 level.

Also on the mind, Eur/Usd is projected to reach the 1.37-1.38 level, if this is true, this move in the Usd/Chf would be short lived and the bearish trend would resume.

Any thoughts?
The current bearish move on USDCHF is not because of strong EUR, but to the opposite of it. Folks in Europe are scared of the EURO Debt Crisis, they are buying non-EURO currencies like GBP, USD but most notably CHF - the nearest country.

This is why EURUSD is going down and USDCHF is going down suggestive of strong CHF.

Everytime there is DEBT RELIEF, EUR strengthens (long EURUSD) and CHF weakens (long USDCHF).

This is how it is right now.

CHF and JPY are "Risk Currencies". If sentiments is for RISK TAKING, then CHF, JPY will both depreciate. If sentiments is for RISK AVERSION, then these currencies will appreciate. Right now, market is in RISK AVERSE mode since the financial meltdown. If the Employment and Housing Market in USA recovers, expect these two to depreciate hard.

CAD, AUD are commodities currencies which are driven by OIL, GOLD, METAL. I personally dont consider NZD a commodity currency; it just behaves much like AUD due to the proximity of them two.
  • #882
  • Jan 21, 2011 3:02am Jan 21, 2011 3:02am
Quoting MidasFX
Any thoughts on how far down this retracement will go? I see some fibs around the 0.9600 level.

Also on the mind, Eur/Usd is projected to reach the 1.37-1.38 level, if this is true, this move in the Usd/Chf would be short lived and the bearish trend would resume.

Any thoughts?
I was stopped at 0,9475 but now I'm long again from 0,962.
Yes every morning if you noticed when European markets open and Asiatic close, someone ( chinese )? sells a big amount of $.
Obiviously CHF follow in part this movement, but I don't think €/$ will go over 1,358-1,36 because there's a clean divergence in MACD 4h and Fibonacci 50% retracement of the 1,42-1,287 movement.
My targets for next week are 1,32 €/$, parity in USD/CHF and 1,32 in €/CHF
  • #883
  • Jan 21, 2011 3:24am Jan 21, 2011 3:24am
Quoting Dr. Foot
I was stopped at 0,9475 but now I'm long again from 0,962.
Yes every morning if you noticed when European markets open and Asiatic close, someone ( chinese )? sells a big amount of $.
Obiviously CHF follow in part this movement, but I don't think €/$ will go over 1,358-1,36 because there's a clean divergence in MACD 4h and Fibonacci 50% retracement of the 1,42-1,287 movement.
My targets for next week are 1,32 €/$, parity in USD/CHF and 1,32 in €/CHF
parity in USDCHF next week. Might need some SNB help but I'd be a happy man if you're right
  • #884
  • Jan 21, 2011 5:46am Jan 21, 2011 5:46am
SL for my last trade is 0,96085
Attached Image (click to enlarge)
Click to Enlarge Name: oljl.jpg Size: 99 KB
  • #885
  • Jan 21, 2011 7:06am Jan 21, 2011 7:06am
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF, H4.gif Size: 21 KB
Put your hands in the air , Give me all your money ! !
  • #886
  • Jan 21, 2011 8:00pm Jan 21, 2011 8:00pm
I'd like to see 0.95 and below even to buy it back up.
Call it martingale, average whatever. As long as I am not overleveraged, I can withstand a drawdown of 200~300 pips on this pair to make just as much (even more) on the positive swing.
USDCHF has been my big cash cow since December.
  • #887
  • Jan 22, 2011 4:59am Jan 22, 2011 4:59am
Quoting BurgerKing
I'd like to see 0.95 and below even to buy it back up.
Call it martingale, average whatever. As long as I am not overleveraged, I can withstand a drawdown of 200~300 pips on this pair to make just as much (even more) on the positive swing.
USDCHF has been my big cash cow since December.
Seems we have been using the same technique (and the same pair and direction). It took me some time to realize that in spite of general opinion averaging combined with not overleveraging is very profitable (and very safe) way of getting green numbers...
  • #888
  • Jan 24, 2011 3:58am Jan 24, 2011 3:58am
Quoting Ma Baker



















Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF, H4.gif Size: 22 KB
Put your hands in the air , Give me all your money ! !
  • #889
  • Jan 24, 2011 6:02am Jan 24, 2011 6:02am
tried long @ 0,959 SL 0,9568 ( positive divergence in MACD 1H )
Attached Image
  • #890
  • Jan 24, 2011 6:55am Jan 24, 2011 6:55am
im still waiting for 0.9550... and at 0.9500. more to follow

we could see further downslide in the coming days as europe is gearing for another "debt scare"

why all of a sudden europe is in debt crisis! how was they affected by the US housing subprime.....
did all these countries do an "iceland" and dump their money in those toxic assets?
  • #891
  • Jan 24, 2011 8:11am Jan 24, 2011 8:11am
price went below 0.9550 on many brokers and im still not filled at cnx.... im gonna be pissed bad if this go up without me
  • #892
  • Jan 24, 2011 10:06am Jan 24, 2011 10:06am
hey BK looks like it worked out for you that your broker wasn't moving quick enough...now that it went down to 9470 you think it's the right time to go long for a few pips?




Quoting BurgerKing
price went below 0.9550 on many brokers and im still not filled at cnx.... im gonna be pissed bad if this go up without me
  • #893
  • Jan 24, 2011 3:53pm Jan 24, 2011 3:53pm
Quoting petehnm
hey BK looks like it worked out for you that your broker wasn't moving quick enough...now that it went down to 9470 you think it's the right time to go long for a few pips?
Im finally in - not happy that it went down way too fast to my liking.
Europe Bank Stress Tests, FOMC in the coming days gonna scare this baby down and up.
  • #894
  • Jan 24, 2011 4:10pm Jan 24, 2011 4:10pm
Quoting BurgerKing
Im finally in - not happy that it went down way too fast to my liking.
Europe Bank Stress Tests, FOMC in the coming days gonna scare this baby down and up.
Im with you Burger. One day SNB will announce something and I dont want to miss out. Also, only 175 pips from all time low so I dont see it going much further down. At least I hope not !
  • #895
  • Jan 25, 2011 3:56am Jan 25, 2011 3:56am
Anyone knows what drove USDCHF down fast like that in the last hour?
Was it due to UK GDP which came out extremely BAD and causing mucho short GBPCHF?

CHF is safe haven for European countries at the moment...
  • #896
  • Jan 25, 2011 4:28am Jan 25, 2011 4:28am
94.60 needs to hold to remain bullish
  • #897
  • Jan 25, 2011 4:47am Jan 25, 2011 4:47am
Quoting shripsfx
94.60 needs to hold to remain bullish
I hope it has been the last brutal spike of CHF.
I've tried to build up another long position from 0,9480 SL 0,9458
Gold drop imo means that we are about to begin to talk about rising interest rate in US.
CHF,AUD,JPY are at absurd levels against $
  • #898
  • Jan 25, 2011 7:02am Jan 25, 2011 7:02am
Gold has dropped sharply lately but it has not really translated to a drop on the CHF. I just wonder if all this QE is taking effect at the moment.
Rather frustrating for USD bulls at the moment
  • #899
  • Jan 25, 2011 7:04am Jan 25, 2011 7:04am
my view :

http://www.aelliot.org/?cat=17

sorry for relink, too lazy to post all again ^^
Hero calls followed by margin calls...
  • #900
  • Jan 25, 2011 7:23am Jan 25, 2011 7:23am
its coming to an intresting level go to lower tf to get a better entry to buy
Attached Image (click to enlarge)
Click to Enlarge Name: uchf.gif Size: 18 KB
3 traders viewing now