1. CHF - Swiss Franc
COT Report: 58,283 net positions as of 04/30/24 - Yearly high
Fundamentals:
Swiss Central Bank Rates: 1.50%
Positive CPI Report for CHF (Forecast 0.1%, Actual 0.3%)
Negative USD Non-Farm Employment Change (Forecast 238k, Actual 175k)
Summary:
Recent downtrend following the Swiss Bank's interest rate reduction from 1.75% to 1.50%.
Signs of...
Last night, the Swiss Franc surged by over 100 basis points in response to an Israeli airstrike on Iran, causing ripples across the market. Despite the widespread apprehension, the Franc stood firm as a trusted safe-haven asset. Now, as risk appetite returns, we witness the market bouncing back. Over the past 24 hours, the Swiss Franc has demonstrated a consistent...
CHF - Futures, there is interesting levels of positioning by the commercials are taking place, it has not yet been confirmed from my end, but there is quite bit of long positions are being taken up by larger traders. Will keep an eye out for turning points in the near future in the next few weeks.
During the strengthening of the franc, option traders actively gained 'naked puts' levels.
To create a spread strategy, traders can add a long position in the underlying asset, resulting in a breakeven call or a spread when selling an out-of-the-money call in the same series. This allows the trader to enter the market with no risk or even a small profit...
The video includes a full analysis of Swiss Franc Futures.
The price is continuing its BULLISH structure BUT approaching the probable reaction zone.
Rather than a Trading Signal the video is an observation of the opportunity to trade.
There is an active position set at strike 1.145 for the second day in a row. The portfolio consists of naked puts, and the volume for the current contract is already significant. The synthetic formula enables the owner to take a long position with zero risk when the price reaches the specified strike.
!!!!!We consider this level a strong support level when...
We are observing a rise in activity and open interest at the 1.125 Put strike. A surge of purchases is expected if the price hits the level marked on the chart (put breakeven point). The appealing graphical illustration supports this scenario, while the 11-day period before the option contract's expiration goes against it.
Hello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
This is a Thanksgiving Special Report.
Swiss Franc ( CME:6S1! ), Canadian Dollar ( CME:6C1! ), Japanese Yen ( CME:6J1! ), British Pound ( CME:6B1! ), Mexican Peso ( CME:6M1! )
In May 1972, International Monetary Market (IMM), a division of the Chicago Mercantile Exchange (CME), launched futures contracts on seven currency pairs. This was the world’s first...
Type : Bullish Rise
Resistance : 1.04785
Pivot: 1.04350
Support :1.03890
Preferred Case: On the H4, with RSI is showing an ascending trend, and the price is consolidating now, we would hold a short term bullish bias that price may rise from the pivot at 1.04350 where the swing highs are to the 1st resistance at 1.04785 where the overlap resistance...
Type : Bullish Rise
Resistance : 1.04785
Pivot: 1.04350
Support :1.03890
Preferred Case: On the H4, with RSI is showing an ascending trend, and the price is consolidating now, we would hold a short term bullish bias that price may rise from the pivot at 1.04350 where the swing highs are to the 1st resistance at 1.04785 where the overlap resistance...
Type : Bullish rise
Resistance :1.03220
Pivot: 1.02695
Support : 1.03220
Preferred Case: On the H4, with the price pullback from the support, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 1.02695, where the current price is to the 1st resistance at 1.03220, where the overlap resistance and 23.6%...
Type : Bullish rise
Resistance :1.03220
Pivot: 1.02695
Support : 1.03220
Preferred Case: On the H4, with the price pullback from the support, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 1.02695, where the current price is to the 1st resistance at 1.03220, where the overlap resistance and 23.6%...
Type : Bullish Rise
Resistance : 1.06965
Pivot: 1.05910
Support : 1.04780
Preferred Case: On the H4, with prices moving above the ichimoku indicator and within the ascending channel , we have a bullish bias that price will rise to the pivot at 1.05910 where the swing high resistance and 78.6% fibonacci projection are. Once there is upside confirmation of price...
