19 years in trading
In my last USD/CHF analysis from March 31. I have predicted fall to the support level at 0.9475/500, after wich the buyers should take over and push the pair up to 0.9800 and here is the result. The pair slided over the support trendline for a week until it didn’t touch 0.9500, where the buyers were ready and in the last
Read moreWith the US dollar weakness in the market, this pair is also sank down. Is it time for a reversal from this level? Based on my view and this technical analysis, the pair is near support and reversal area. The low from yesterday is 0.9592 and the pair is sinking today again, searching for the new buyers near the same level. As
Read moreEveryone loves CHF and JPY in these days, but the investors have fear of the possible SNB’s and BOJ’s intevention in the market. That’s why they have turned into US dollar in the last two days, Friday/Monday. It seams that ‘the talk’ from the central bankers wasn’t so innocent as we tought in the previous week and the market moves
Read moreIn the last couple of days, the US dollar was near the high level from January 15. (1.0220). That was the day, when the SNB has removed EUR/CHF 1.20 floor and shake the whole FX market, financial world as well. That move caused so many troubles with CHF pairs in the market, but the US dollar start to return the
Read moreI wrote about this possible development at my USD/CHF analysis from March 02. US dollar bulls have almost covered complete loss from the ‘SNB’s move’ in January 15. It was clear that this would happen here, the US dollar has been growing for the eighth week in a row now and manage to catch 1.0127 yesterday. The pair is hanging around
Read moreBased on daily chart, they are not far away. US dollar is extremely bullish vs Swiss franc for days, cover more then 61.8 loss, after the SNB was remove the EUR/CHF 1.20 cap. In the last couple of days, US dollar have ‘problem’ with braking outer weekly trendline, whish has pushed the pair from May/June 2014. This level 0.9550/70 was
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