ForceFollower
Short

EURCHF Heading Down

FX:EURCHF   Euro Fx/Swiss Franc
354 18 6
Now that EURCHF             is free again, it may be heading for 0.9 or even for the lower border of the channel. Currently - the strongest trend of all the majors. The old down trend resumed.
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jangseohee
2 years ago
Pitch fork plus channel! Welcome back
+1 Reply
ForceFollower jangseohee
2 years ago
Thanks. Yes, I just catch the common slope.
Reply
HexVex
2 years ago
Ha ha ha! Crazy :D I like it but I don't think my broker does CHF anymore :)
+1 Reply
jangseohee HexVex
2 years ago
thats silly, because tomorrow it could be GBP!
+1 Reply
IvanLabrie TOP jangseohee
2 years ago
You never know...
+1 Reply
xologeis PRO
2 years ago
Love it, even in the crazy the flow asserts itself ;D
Reply
ForceFollower
2 years ago
Against some pundits I saw in media, I still believe the Swiss franc is a safe-haven currency. To me, the extent of the Thursday move only confirms it, not denies it.
Reply
ForceFollower
2 years ago
And, if someone was in doubt, the Swiss franc itself is (as it has been) in an up trend following this fork:
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snapshot
+1 Reply
jangseohee ForceFollower
2 years ago
CHFJPY, i have hypothesis on why central bank did that
+1 Reply
ForceFollower jangseohee
2 years ago
Very nice, I like it. Thanks.
+1 Reply
jangseohee ForceFollower
2 years ago
It's kind of "coincident" that at the top of this CHFJPY channel, Yen found some strength :-P
Not sure whether there is co-relation
FXY, around the world in 2723 days
Reply
ForceFollower
2 years ago
EURCHF dancing around the parity. Neither particulalrly bullish nor bearish at the moment. Still heading for the Marianas-Trench depth?
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ForceFollower
2 years ago
A possible scenario for coming hours.
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ForceFollower
2 years ago
Grinding lower, towards the parity.
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jangseohee ForceFollower
2 years ago
yes, then Draghi launched a rocket and shoot it back up..:-)
Reply
ForceFollower jangseohee
2 years ago
There's still a lot of time left until Thursday midday hours. Trading has become very uncomfortable after the SNB's flop though. Most traders are licking wounds now. It seems there's that deaf silence after the storm. I have an impression I'm pretty much alone here in the forex markets. :-)
+1 Reply
ForceFollower
2 years ago
EURCHF continues to oscillate around parity.
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ForceFollower
2 years ago
Glued to the parity.
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