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forex-academy
Aug 9, 2019 8:15 PM

Swiss Franc - It's Time for Risk-On? Short

Swiss Franc FuturesCME GLOBEX

Description

This week, Swiss Franc futures soared again boosted by trade war fear, but the next question is it's time to take the risk back?
Comments
dad1360
With this analysis, and with the fall of swiss Franc , according to your analysis and chart, the pair CHFJPY will fall a lot . Do you agree with my view on the fall of this pair in next week?
forex-academy
@dad1360, Thank you for your support and comment. It's not necessary that the CHFJPY cross plunges, both currencies are "risk-off". I prefer to follow other options, for example, risk-on currencies against CHF.
dad1360
So, in your opinion, what are the volatile currencies against CHF currency? Really, news based trading is better than pure technical, because in my opinion, currency pair technical checking is not very reliable at low frame rates. Technical analysis also requires more capital at higher time frames because the trading positions we open require more cost to set their losses. In your analysis, using Elliott's analysis, and secondly, using this strategy, Elliott's, in fundamental analysis, was very interesting to me. I will always follow you. Thank you for all your efforts.
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