TODAY CPI N CURENCY RESERVE event must be watch closely.....might hav some move for euro swiss soon....
Bismillah
GBP/CHF and USD/CHF 954 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
DislikedEurUsd looks over sold and UsdChf doesn't look too overbought. If the EurUsd starts to climb, we might not see an equivalent fall in UsdChf, which should raise EurChf, which is also oversold.Ignored
DislikedEURCHF is gone case now....only a rumour of intervention be able to move it now cause there's no more news to move it at the moment. But if it come down to 1.21 and below, its a good buy imo.Ignored
DislikedForexLive has market talk to that extent. Can't know for sure and how big but seems about right, not that we're definitely heading there.Ignored
Dislikedmigbank confirms that the price needs to sustain a break above the 1.2245 to eliminate the downward trend. i think the snb has to come in at some point to protect their floor, otherwise they might risk seeing a huge run from the euro to chf. The latest "scandel" didn't scare the market away from chf so i think they have to buy up some of this building momentum.Ignored
DislikedMig are loosers... How can they play a target of 1.17 even 1.10 with a floor @ 1.20 ???Ignored
DislikedThis is so weird. after a huge range making a strong resistance line, this pair sinks fast, then tumbles slowly some more.
The SNB might not have too much time just waiting for the eurozone crises to heal before their 1.2 floor gets a heavy challenge. once they loose credibility with their peg assurances they might not be able to sustain another attempt at a peg. If they can't defend this one, that's the end of their credibility and further news releases won't carry as much weight as they do now. I think they should take advantage of their current...Ignored