CHFEUR is (2023-06) $1.021 and may increase to (2023-11) $1.045. The far top indicator reflects the daily signal is an expected decline. However, the trend displayed with the inner-red channel lines (pointing toward the red circle), reflect a possible short-term increase from 2023-06 to 2023-11.
The next panel at the base of the CHFEUR top chart, displays the % comparison of the CHF to both GBP and USD.
For a better snapshot analysis, the very bottom panel is CHFEUR, CHFGBP, and CHFUSD all separately measuring in Gold/oz USD prices.
As conflicts in isolated parts of Europe continue to increase in combination to financial aid packages, this may stabilize the USD and EUR prices to a closer %. However, since CHF and GBP are separate from the EUR, it makes the chance of variance slightly greater (not a guarantee, but the chance; in terms of alternatives). My perception of this variance is estimating a slightly stronger CHF with a possible GBP next above the USD and EUR at a more stabilized price comparison.
Please keep in mind all currencies have upward and downward shifts in the very short term and the longer terms may see a more stabilized path of either higher or lower. CHFEUR appears to have a higher % gain for the longer term trend.
The next panel at the base of the CHFEUR top chart, displays the % comparison of the CHF to both GBP and USD.
For a better snapshot analysis, the very bottom panel is CHFEUR, CHFGBP, and CHFUSD all separately measuring in Gold/oz USD prices.
As conflicts in isolated parts of Europe continue to increase in combination to financial aid packages, this may stabilize the USD and EUR prices to a closer %. However, since CHF and GBP are separate from the EUR, it makes the chance of variance slightly greater (not a guarantee, but the chance; in terms of alternatives). My perception of this variance is estimating a slightly stronger CHF with a possible GBP next above the USD and EUR at a more stabilized price comparison.
Please keep in mind all currencies have upward and downward shifts in the very short term and the longer terms may see a more stabilized path of either higher or lower. CHFEUR appears to have a higher % gain for the longer term trend.
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CHFEUR daily with extra zoom view (click chart below and play for update):
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CHFEUR daily with extra zoom on larger one panel chart (click chart below and play for update):
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CHFEUR 4-hour chart (4-hour top indicator) and extra zoom on larger one panel chart (click chart below and play for update):
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CHFEUR weekly chart (daily top indicator) one panel chart (click chart below and play for update):
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still on target
Comment:
still on target
Comment:
still on target
Comment:
still on target