I think having a cash position in CHF makes sense here, so, if your margin accounts have $USD as default cash/balance currency, I'd reccomend swapping it for $CHF. I see a potential continuation of the monthly uptrend in the Swiss Franc, which would send this pair easily 15% higher within a year. Best of luck, Ivan Labrie.
If we could retrace into 1260 it would be ideal. We're about to touch near term resistance at 1290, so expect some profit taking. This is what I'd consider "an obvious trade." Obvious trades tend to run away from ideal entries.
Bearish Opportunity until 1.0199 Wish all the best! Aameen. Note: We are not responsible for any action you have made on your trading activities.
Perfect Gartley 61.8 XA and AB = CD at 78.6. Go down to the lower timeframes and make the good risk to reward ratio trades as the target levels are around 0.9700.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (39 most tradeable currencies) of 1st Quarter `17 @ my Drive drive.google.com i will update this 4XSetup around start of 3rd Quarter `17 again :) Best regards! Aaron
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (most 39 traded currencies) while march `17 @ my GOOGLE Drive drive.google.com i will update this 4XSetup while start of month - in may `17 - again :) Best regards! Aaron
more detailed stats (all 21 Major Cross-Rates) of 7th week 2017 @ my GOOGLE Drive drive.google.com i will update this 4XSetup while next weekend (usual closed time) again :) Best regards! Aaron
In this chart I analyze the recent uptrend in the Franc. It appears to have ran into a wall, where the election day's low and the Brexit low sit, as well as a massive volume level, which will take time to break. I'd rather be flat here, and wait, we can look to buy dips in this or the Euro, or Gold or Silver probably meanwhile. This can serve as a hedge against...
Price can hold on strong resistance level , forming a bullish bat pattern .
I'm looking forward to the break tg:0.975 I have long positions for GBPCHF
EURUSD SHORT CORELATION WITH CHFUSD AND SEKUSD. Similar multipivotline on CHFUSD, and what seems to be a top of the downtrend channel on SEKUSD
Reason : 3rd wave towards short is pending which will initiate soon upon hitting 61.8 FIB level. Original down journey began from 1.41 in three waves of which final move is shaping now. Also, pair is in overbought region. Timeframe : short likely to commence from July 2016 which will continue till end of this year. Untill then long side will be in incharge .
Read text written in the chart.
Sorry guys....... the USD/JPY went horribly wrong, let me make up for it with this one! The primary trend of USD/CHF is bearish on charts and price is trading below the trend line in its hourly chart. In four hourly chart the price is sustaining below 200 day SMA and below resistance of 50 day SMA indicating downtrend of the pair. It is having an important...
This cross looks likely to further break to the downside. It's attractive because it is retesting a major zone. A breakdown of this cross would indicate trouble in US equities as safety capital flows into the Swiss Franc.