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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 901
Forum Topic:

CHF

Discuss CHF
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 12, 2010 16:51
EURCHF now down 140 pips from that trendline support

YEN EXTENDS PULLBACK as markets stabilize, while CHF takes over from the Japanese currency, reminding us the Swiss safehaven is here to stay. The latest comments from Japanese officials about excessive yen moves have not been sufficiently potent as markets widely believed intervention will not be carried out. Thus, any temporary selloff in JPY and USD sees more conviction buying in CHF. Hence, despite the 70-ptrally in EURUSD, EURCHF has deepened its losses by 150 pts after breaking below the 1.36 trend line support. AUDJPY, EURJPY and GBPY faces resistance at 77, 110.90 and 134.20, while downside remains intact. EURUSD bottomed at the 100-day MA for today but will be crucial for the pair to close the week above its June trendline support of $1.2770 to avoid immediate damage below $1.2580.

Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Aug 12, 2010 16:33
gbpchf is the winner ... full risk on mode
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 12, 2010 10:06
BOTTOM RIGHT EURCHF chart has broken below the 1.36 trend line & 1.35 is prelim target
http://chart.ly/s8qbhr


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Aug 9, 2010 15:28
once again CHF is very weak GBPCHF rallies ..don't know what is going on with CHF heard rumors
russian oligarchs withdraw their CHF accounts as they are politically pressed to follow the example of US billionaires and donate. Not very likely.
Qiman
United States
Posts: 237
14 years ago
Aug 7, 2010 2:47
Have any of you owned some of the 1,000 franc swiss notes? I am intrigued by the possibility of being able to carry so much financial punch with so few bills. And if so, have you had any difficulty exchanging them in your travels?
Passion Trader
Singapore, Singapore
Posts: 52
14 years ago
Aug 4, 2010 15:52
CHF is very weak...
said
mulhouse, France
Posts: 2822
14 years ago
Jul 30, 2010 7:35
erratum
1.0350 first
said
mulhouse, France
Posts: 2822
14 years ago
Jul 30, 2010 7:35
AT THE END OF THIS REBOUND DO U TARGET 1.050 first
said
mulhouse, France
Posts: 2822
14 years ago
Jul 30, 2010 7:14
CONGRATS RROSE FOR THE SWISSIE CALL
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 29, 2010 14:11
talks of SNB selling $EURCHF; closing out of those interventions after having bought at mugh higher levels above 1.40

Hence USDCHF is falling the hardest


Ashraf