To illustrate today's analysis, I propose a model of statistical discrepancy on currencies, in order to justify who is the real leader of the financial markets, which seem to accuse a global pre-slowdown of the financial markets. So I gathered a basket of generally aggressive currencies to which I oppose them to a basket of defensive currencies; After algebraic ...
The last few days will be crucial for the financial markets, in particular, the currency market, the bond market, and the stock market. Particularly with the large-step approach of the mid-term elections of the American president. Some believe that if Republicans manage to keep the House of Representatives and by increasingly establishing a majority, the prices ...
You have front of your eyes the evolution of the relationship between the currencies of risk appetite and the currencies of risk aversion since the exit of the financial crisis of 2008-2009 to today (at the dawn of a new market shaking). We find ourselves curiously in the same configurations and this seems to ripen quietly week after week.
Note: The markets are ...
CHF is hitting strong support and psychological level 100.0 !
Time to think Long when it comes to CHF crosses.
For example only look for opportunities like:
*especially after the blue trendline break
Good Luck !
Swiss frank, one of the strongest currencies of 8 majors, if not the strongest (as it has been in bullish uptrend since 1960) has gone through a period of consolidation (with bullish inclination) during recent years. Now after it reached the bottom of its consolidation channel, frank is going to go bullish next weeks. And after it has been cornered in a triangle I ...
for quite some time now we have seen SXY take a pretty gnarly hit.
As we can see we have an ascending triangle formation with higher highs and higher lows.
-In my opionion, the bears will continue to take control until the 102.00 level where it will hopefully continue with the triangle formation.
*Key points to watchout- watch for the 102.00 level, ...
The franc may find support at the existing bottom trendline this week. If the bullish rebound is corrective, we would have confirmation of a potential triangle and look for shorts near the top. For now, I'll be eyeing bullish breakouts from the parallel channel created last week.
Hey traders, here's another index outlook. I like both the Franc and the Euro long if we can break recent highs. This would be an indication of continued bullishness toward completion of a triangle on the 1H.
the franc has made an ending diagnal pattern that it will breakout of some time early this week. once it does, we can look to buy chf pairs. best results will yield from weaker pairs against the strenghth of the swiss