We expect to see CHF continue its pattern.
CHF should see significant and reliable strength starting late this week.
CHF/XXX = / bullish
XXX/CHF =\ bearish
*Generally, (XXX) matters just as much!
Also as we see AUD, USD, CAD, potentially GBP weakness
CHF and these pairs would make good potential trades.
Next few weeks:
Bullish: CHF, JXY (JPY)(LongTerm),...
Look left, Two times retest Support and up.
Now, The same thing occurs with MACD for Long.
Thus, I predict CHF index returns the price channel with a false break.
Hello Everyone
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:
USDCHF sell
CHFJPY buy
....
*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.
It comes
-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,...
