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DAY 18 - USDCHF ANALYSIS

USDCHF is certainly the pair to watch in coming days after SNB surprised the market by announcing a negative 25 bp rate on sight deposits and lower the 3-month Libor range to -0.75% to 0.25% effective 22nd January 2015.
The pair broke out previous daily high at 0.9818 and hit 0.9850 level where we saw profit taking and some sellers stepped in. I am expecting this pair to reach parity in coming days as both fundamental and technical scenario suggest a bullish move.
Should the pair retrace down 0.…
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fullmoon avatar
fullmoon 19 Дек.

I had the exact trade going on, but got a margin call which killed my balance for this month. Good luck

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USDCHF PRICE FORECAST FOR AUGUST 1ST 2014

USDCHF: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Weekly Chart
2) Daily Chart
Price Target 0.9000 for 1st August 2014

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alifari 29 Июль

Update 1: Since start of July we have seen lot of buying interest on this pair.0.8850 SR level held and price shot up around 200 pips. Price is currently about 40 pips above my target.

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