JimMakos
Short

Swiss Franc to regain momentum?

FX:USDCHF   U.S. Dollar / Swiss Franc
203 2 2
USDCHF             downward trending channel paves the way.

After Swiss Franc             confirmed the channel's upper band, this month's candlestick may be a good entry point to go short. Plenty of room to set profit targets.

For a more efficient entry point, go down to shorter timeframes, like the daily or even the 4h chart.

Do you agree USDCHF             will continue its decline?
SIMPLY LOOKS GOOT TO SHORT
Reply
I am afraid big money will flow to the save haven of Swiss banks, driving CHF. Depositors that use off shore accounts can usually keep any currency they like, but I can't find any facts about what is actually held. Technically, this downtrend looks like it is set to resume, which is of most importance. The SNB & BIS may not intervene vs USD. What is going to happen??
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out