Yep and as we said before a push down then move up strange for it to happen today also with the US shutdown etc

EUR/CHF

Hi pip bearish last week with the break of the 55 weekly ema but bullish today still range trading and i see no reason for a massive push higher i added long at 1.22170. Not really understanding the move today apart from the fails at the 1.22 area

EUR/CHF

I wouldn't be surprised to see it head lower today with the weekend coming and no deal on the shutdown. the longer it goes on and the closer to the debt ceiling we get the pressure will build on euro swissie.

EUR/CHF

I dont think the big move to 1.30 is coming so yep long scalping sounds like a good idea alaneth As a side note i wouldnt be surprised if the SNB are on the bid in usd/chf at 0.90000 and eur/chf at 1.22000

EUR/CHF

Yes it's a strong area like you I added long on the touch of 1.22170 we will see what happens.

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Its all about the 1.22160 level if it gets tested today again it will probably break then no real reason why it shouldnt fall 100 pips to the 1.21160 area

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Inflation is still pretty weak to flat so i dont think they will be worried just yet but i agree it is something to think about

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Isnt that the point though The SNB can print all they like to hold the 1.20 level but in the case of the bank of england they were trying to strengthen the pound

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Hi krunkfx why do you think the SNB would fail to hold 1.20 having been under serious pressure in the past they managed to hold the line

EUR/CHF

Sorry only just read this yes as simon73 said a gap close short but it doesnt look like the gap is going to close. The question i have is is it going to get all the way back to 1.20? And will the SNB start any verbal intervention?

EUR/CHF

Hi Paul-fx are you saying you think euro dollar is gonna be sold heavily and euro swissie will go up? I think the swiss franc is the ultimate safe haven even above the yen and with all thats going on in italy and the us debt ceiling euro swissie is ...

EUR/CHF

So the Italian government has broken up. probably a gap down at market open and a move back to 1.20

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It certainly looks that way at the moment alaneth. Next stop 1.22170,1.21340 then 1.20000. Maybe its the SNB offloading some of the reserves built up. Nasty looking weekly candle its smashed straight through the 55ema.

EUR/CHF

yep makes a joke of the Swiss franc will continue to weaken forecast.

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I'm finding it very difficult to see the value in trading this pair at all The risk from here is that it goes back to 1.20 It would be very interesting to know how many big players have bought this year expecting 1.30 by year end.

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my point of view is i agree with J.Clinton technically but on a fundamental point i see no reason for this pair to rally in any big way. Debt ceiling talks in USA No taper from the FED Rumours of a Italian downgrade coming on friday (forexlive ...

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Hi pip we will see this area now must hold or there is no reason not to head down to 1.22170 area

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Next stop 1.22170

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Same old shit from Jordan again. a close below the daily 200 thats held price up since the beginning of the year wouldnt be very good. as i have posted before every bounce from it has been weaker and weaker so i wouldnt be surprised if it does ...

EUR/CHF

he is more likely to say they are removing the peg

EUR/CHF