Can't go wrong buying EUR/CHF at current level

FX:EURCHF   Euro / Swiss Franc
849 2
Remember the Swiss National bank is committed to defending the currency at 1.20 with "determination".

It may possible they are actively intervening at this point.

1.20 is the floor so buying now offer a great risk/reward opportunity. Unlikely to come again for a while.

On the technical side, each lower platau of the 20 day MA is met with a higher and price spike afterwards.

The probability of profiting is such a shoe-in that your broker does not want you to buy in. That's why the overnight premium is unfairly high and the spread is high too.

I'm sorry to all those who may have taken a position based on this analysis. I had no idea that the SNB would screw the entire retail market over.
attractiveness of the #CHF in the context of
the #EU crisis and the risk of further easing by the
#ECB will be downside pressure in #EURCHF
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out