Buy S61! @ 1.0188 Although price is still below SMA 150 and 200, short-term trend is up price above SMA50 and RSI14 just crossed above 60 on daily TF.
Some art here - Swiss franc is on its way to 1.00 and then below. Look for selling opportunities.
Swiss Franc currently in a clear down trend from daily/weekly perspective... 1.0500 proved to be key price level where institutional buyers/sellers were strong. Last time the level was tested, the price drops down significantly and I'm expecting another test of this price level. If price would reach this area again, it will probably be also 2nd touch of daily...
the Swissy that always magic shoot up can it happen again in the future ??? ..., trying to catch the shoot up of the Swissy :))))
On the technical perspective, I think this will confirm a rebound for USDCHF as the index shows in here. Check my USDCHF chart for more details This may give a strong rebound for USDCHF within the weeks to come.
I like this set-up. Factors influencing me are: Bearish Bat Pattern (Purple) Bearish Butterfly Pattern (Blue) RSI Overbought Negative Divergence in RSI (RSI making higher high while price making lower highs (dark blue lines)) Trendline from the recent highs I have set a a limit order at 1.0026 for the completion of the bat pattern and will keep it as long as...
Hello all, I hope everyone is well and following their trading plans. A site member brought a forex idea up with me today and I thought I would give my answer to the broader community's attention through a post here on TradingView. This is a very typical study I would do on any asset for any time frame for any type of investor/trader. Ideally, students of my level...
The Swiss franc is lower on the day amid speculation that the Swiss National Bank (SNB) will intervene in the foreign exchange market in order to actively weaken the currency. As you can see by the comparison, gold tracks the Swissy rather closely. Interestingly enough, gold's all-time high of $1,923 ended at about the same time the SNB decided to peg their...
Broken triangle PO, 15% lower
Now I'm looking 3 weeks up-swing It looks blue modified schiff pichfork working So concentrating blue median and 38% Fibo(1.1617) I'll long late july(form 2014 - 07 - 18~~~) Swiss WC team did already well,so thou Argentina WC team Win I'll reamin long
Time to sell the 'Swissie'. Good risk reward ratio. The first target is on the bear median line (1.0800). The same applies to the Euro.