EUR/CHF | Page 315 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/CHF

Similar Threads

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

Ranging pairs? EUR/CHF, EUR/GBP, AUD/CAD? 0 replies

Attachments: EUR/CHF
Exit Attachments

EUR/CHF

  • #6,281
  • Apr 29, 2012 5:46am Apr 29, 2012 5:46am
Quoting multi888
Let the action begin...I have buy limit at 1.2005 and 1.1950...
I also have buy limit but at 1.2010 and 1.1990
  • #6,282
  • Apr 29, 2012 6:17am Apr 29, 2012 6:17am
Now is at 1.2006 http://www.xe.com/ my buy limit is at 1.2010, maybe....
Attached Image (click to enlarge)
Click to Enlarge Name: buy limit.png Size: 24 KB
  • #6,283
  • Apr 29, 2012 6:33am Apr 29, 2012 6:33am
The SNB talks tough on the Swissie

The new head of the Swiss National Bank Thomas Jordan last week gave one of the biggest hints since he was confirmed as the SNB President that the Bank could take further measures to stem Swissie strength when he said that the Swissie was still overvalued with EURCHF at 1.20. He also added that should the economic outlook and threat of deflation require it, the Bank would “at any time” take further measures to weaken the franc. However, Jordan didn’t elaborate on the type of measures the bank could take.

Jordan, speaking at the SNB shareholder meeting, said that the Swiss economic outlook remained challenging and that debt turmoil in Europe is the biggest risk. He referenced the EURCHF dip below the 1.20 floor earlier this month, but said it was due to market idiosyncrasies.

Although the leading economic indicator for Switzerland, known as the KOF, rose in April, it remains well below its historic average. We continue to believe that the weak inflation outlook is what could spur the SNB to action. It already expects inflation to decline 0.6% this year, so any further deterioration could spur action.

Traditionally the Swissie has been the ultimate safe haven and EURCHF would be expected to be bid during the Eurozone debt crisis, but the SNB floor has halted this. Now the safe haven of choice is the yen, and USDJPY managed to weaken on the back of the Spanish credit rating downgrade even though the Bank of Japan added another 10 trillion yen to the economy as part of its Asset Purchase Programme. Thus, if the SNB fails to react to stem Swissie strength going forward we could see a sharp weakening in EURCHF.
  • #6,284
  • Apr 29, 2012 6:36am Apr 29, 2012 6:36am
ZURICH, April 27 (Reuters) -Swiss National Bank Chairman Thomas Jordan said on Friday that negative interest rates to counter the strong Swiss franc were not introduced because the cap of 1.20 francs per euro was working well.

'We've done well with the cap,' Jordan told shareholders at the SNB's annual general meeting, in response to a question about whether negative interest rates might be more suitable than the cap in countering the strong franc.

'A different measure would also have unwanted side effects,' he said, reiterating what SNB policymakers said last year.

Negative interest rates on offshore deposits was one of the measures touted in the media and by some politicians last year after the franc surged nearly 20 percent against the euro in just a few months.

The SNB set the cap of 1.20 per euro on Sept. 6.

A central bank spokesman said no additional measures to enforce the cap were being excluded.

'It remains the case that the SNB is permanently looking at all measures needed for maintaining price stability and at the same time taking account of economic developments,' the spokesman said.

(Reporting by Catherine Bosley; Editing by Ruth Pitchford) Keywords: SWISS SNB/

([email protected]) (+41 58 306 7461)
  • #6,285
  • Apr 29, 2012 6:45am Apr 29, 2012 6:45am
Quoting fanta
Now is at 1.2006 http://www.xe.com/ my buy limit is at 1.2010, maybe....
Hi fanta.

Which one is your broker (concerning the chart)?
At what time does your broker starts quoting on Sunday and ending on Friday?
  • #6,286
  • Apr 29, 2012 8:03am Apr 29, 2012 8:03am
Quoting Kfp
Hi fanta.

Which one is your broker (concerning the chart)?
At what time does your broker starts quoting on Sunday and ending on Friday?


I don't think xe.com is a broker.. It's just a site..
  • #6,287
  • Apr 29, 2012 9:35am Apr 29, 2012 9:35am
Quoting rcrist
I don't think xe.com is a broker.. It's just a site..
I also think xe.com is not a broker... I don't know...
  • #6,288
  • Apr 29, 2012 10:00am Apr 29, 2012 10:00am
Quoting fanta
I also think xe.com is not a broker... I don't know...
They are not broker... The exchange ratio is just like when you go to bank and you see on screen bid and ask with high spread. Thats why xe have 1.2053 exchange ratio like in local bank.
  • #6,289
  • Apr 29, 2012 10:09am Apr 29, 2012 10:09am
Quoting druckerei
They are not broker... The exchange ratio is just like when you go to bank and you see on screen bid and ask with high spread. Thats why xe have 1.2053 exchange ratio like in local bank.

What do you think:

Is the quote on http://www.fxstreet.com/rates-charts.../?id=eur%2fchf reliable for the weekend?

Do you have better weekend broker pages?

May I aks to all in the Thread:

At what time do your broker start trading on Sunday and end at Friday?

I'm with ActivTrades and they start at Sunday 11 p.m. and end at Friday at 11 p.m.
  • #6,290
  • Apr 29, 2012 10:22am Apr 29, 2012 10:22am
guys, i tell u every sunday, and u start it every sunday again and again...

pls understand it finally, xe.com data has nothing on brokers open/close prices.

u'll see today evening on start we'll open (almost) exactly on the same price as we closed on friday at most with 1-2-3 pips differences caused by australia/asia.

so pls, stop posting xe.com data as it has no impact on our trades.

thank u.
  • #6,291
  • Apr 29, 2012 11:21am Apr 29, 2012 11:21am
Quoting worsttrader
guys, i tell u every sunday, and u start it every sunday again and again...

pls understand it finally, xe.com data has nothing on brokers open/close prices.

u'll see today evening on start we'll open (almost) exactly on the same price as we closed on friday at most with 1-2-3 pips differences caused by australia/asia.

so pls, stop posting xe.com data as it has no impact on our trades.

thank u.
This thread is alive because of these kinds of news only.
1) Chart matters --> NO
2) Any news on EUR,USD matters --> No
3) Any theory of anyone working on this pair--> No

So let all interested traders put whatever excites them be it chart,non-news or any youtube videos, funny pictures

The pair will not move with any of these things.. so Bring on all what you have...

Cheers..
  • #6,292
  • Apr 29, 2012 11:33am Apr 29, 2012 11:33am
Quoting coolkaps4u

So let all interested traders put whatever excites them be it chart,non-news or any youtube videos, funny pictures
okay, let! but dont post fake stuff. post youtube videos, funny pics, whatever. but keep it mind:

Inserted Video
  • #6,293
  • Apr 29, 2012 11:36am Apr 29, 2012 11:36am
Quoting worsttrader
guys, i tell u every sunday, and u start it every sunday again and again...

pls understand it finally, xe.com data has nothing on brokers open/close prices.

u'll see today evening on start we'll open (almost) exactly on the same price as we closed on friday at most with 1-2-3 pips differences caused by australia/asia.

so pls, stop posting xe.com data as it has no impact on our trades.

thank u.
keep thinking that one day u will get mc from a huge gap just to teach u a lesson. Price is always moving never stops.
  • #6,294
  • Apr 29, 2012 11:39am Apr 29, 2012 11:39am
Quoting sidhujag
keep thinking that one day u will get mc from a huge gap just to teach u a lesson. Price is always moving never stops.
than pls explain me how could we open always on the (exact) price we closed, when xe.com shows 20-30-50 pips difference at the same moment...im really excited, pls tell me!
  • #6,295
  • Apr 29, 2012 11:46am Apr 29, 2012 11:46am
Quoting worsttrader
than pls explain me how could we open always on the (exact) price we closed, when xe.com shows 20-30-50 pips difference at the same moment...im really excited, pls tell me!
what broker are u using xe is current price oanda should match it. Your broker is lying u can scalp for free money in that case. also what is spread of the pair u check?
  • #6,296
  • Apr 29, 2012 11:53am Apr 29, 2012 11:53am
Quoting sidhujag
what broker are u using xe is current price oanda should match it. Your broker is lying u can scalp for free money in that case. also what is spread of the pair u check?
i dont use oanda. apart from this, i really doubt oanda users will see 1.2090 or 1.21 (i dont remember which one was seen today on xe.com and posted by someone) when the market opens tonight.
  • #6,297
  • Apr 29, 2012 11:55am Apr 29, 2012 11:55am
Quoting worsttrader
i dont use oanda. apart from this, i really doubt oanda users will see 1.2090 or 1.21 (i dont remember which one was seen today on xe.com and posted by someone) when the market opens tonight.
do u understand how a chart displays price? u know about spread? u need to read more
  • #6,298
  • Apr 29, 2012 11:58am Apr 29, 2012 11:58am
Quoting sidhujag
do u understand how a chart displays price? u know about spread? u need to read more
plz gimme a tech explanation of a chart dosplaying price while keeping in mind spread. you will answer your own question. i didnt say u use oanda ur missing the point
  • #6,299
  • Apr 29, 2012 12:01pm Apr 29, 2012 12:01pm
Quoting sidhujag
do u understand how a chart displays price? u know about spread? u need to read more
no, i donno. pls tell me.
  • #6,300
  • Apr 29, 2012 12:04pm Apr 29, 2012 12:04pm
Quoting sidhujag
keep thinking that one day u will get mc from a huge gap just to teach u a lesson. Price is always moving never stops.
Actually he is right, the price movements in weekend are pure bullshit.
However, one hour before sidney open there is what is called "pre market open", in such hour prices can move.
The premarket open is only 1 hour before the "real" market open, and when gap are experienced is because of movements happened during such premarket open.
Apart of this, i must agree with worsttrader, xe.com has proven to be bullshit, it's better to use oanda to track the price movements during premarket open.

Then i remember one time it was sunday and audjpy was moving big (i did made 50pips on sunday, lol), no premarket it was happening in the pure sunday evening (5-6 hours before market open), weird.

But don't worry eurchf will open exactly where it was at ny close, that pair is unable to move during the most busy market hours, it don't move when the snb speak, it don't move on nfp, not move on cci, it don't move if the 3° world war start. It will not move on weekend also
18 traders viewing now