About Jordan words, i posted earlier: "After Jordan hard words in May (rising floor and negativ rates), he said a more preciz answer at the SNB meeting: - there was a question on the press conf, what SNB do IF ECB implement negativ rates. THEN ...

EUR/CHF

I think these days is an accumulation phase for big guys. They buying all the dips, but there is no follow throw, just buying and wait. In addition there is stop hunting for small tarders, like today in Asian session: A lot of stop tripped at ...

EUR/CHF

I hope we will have another dip to 200 DMA (it is 1,2251 today, but constantly growing 1-2pip/day), or maybe they will be one spike to 1,22-1,2250 region. In August i do not expect any big move, just ranging. But i think between Sept 2013 and 2013 ...

EUR/CHF

After Jordan hard words in May (rising floor and negativ rates), he said a more preciz answer at the SNB meeting: - there was a question on the press conf, what SNB do IF ECB implement negativ rates. THEN Jordan said, SNB has a lot of tool (rising ...

EUR/CHF

A little technical analisys: In h4 EC formed a H&S formation with 1,2365 neckline. It was a very strong resistance, but finally could broke it. The first target was 1,2455. After we get the first target, we tested the neckline. At first time it ...

EUR/CHF

Yes it is not too big. If I am right it is 100 Lot. We do not know is there any leverage. But the trend is most important: more and more big guys buy this pair.

EUR/CHF

url url "USD/CHF up at .9665 from early .9645, EUR/CHF up at 1.2445 from early 1.2422, having been as high as 1.2465 at one stage. Reports Swiss-based hedge funds the stand-out buyers of the cross."

EUR/CHF

Interesting to see the order board (I know this is only the Oanda order book, but i think it is correlating with the real order book) url The lot of sell orders filled in the last week, and we have only large amount below 1,25. Above 1,25 there is ...

EUR/CHF

Yes, it was the Januar spike to 1,2550 in 3 weeks after this buying, so it was seuccessfull for option buyers. I have no other information about this 1,300 strikes. Just this: a lot of hedge funds boughst last weeks at 1,23 level with 1,3 target ...

EUR/CHF

As I post earlier url if the price could close daily above all the 3 MA (50, 100, 200 ), we could go up. Friday we did it. And we went up 90 pip yet. We have an inverted H&S on daily, with neckline 1,2365. Targets: 1,2450 and 1,2505 I wont hurry ...

EUR/CHF

Yesterday was not important. New York was closed. Today is a key day. Today there will be Swiss and US important data: Swiss CPI which is expected minus again . So SNB have to do more for 2% inflation target USA NFP. Good number may help to go up. ...

EUR/CHF

It doesnot fall yet. Very nice reversal in 1,2300. It seems this is in a big accumulation phase. It points to 1,2380 today

EUR/CHF

When i say a lot of tool, i mean some not normal tool. Verbal is one of this tool, but this has not too much effect. I attach one chart from 2010. There was a big level 1,5000 which was defended by the SNB in 2009. At the end of 2009 SNB gave up ...

EUR/CHF

I agree too: - the move will be hard, and fast - the move is getting closer (q3 or q4 i think) The only question is: SNB will help to start this short covering, or they will wait and see only. I don't know, but i don't rule out any surprise action ...

EUR/CHF

I think there is a critical level, where the money would like to come back to eur from chf, because of the loss. I don't know what is this level. If somebody bought chf last year at 1,2, they will loss about 12% at 1,3000. So if they do not want to ...

EUR/CHF

First they have to weaken chf. Then they could decrease they reserve

EUR/CHF

Because they have a lot of reverse, and Fed starting to tapering september-december this year. So the USD is strengthen. And eur strengthe too (look euraud, eurnzd, eurcad, eurjpy, eurnok etc.) So this is good situation to do more for accelerated ...

EUR/CHF

url Another rumour. So if SNB want to change something they need to do more like BOJ. When SNB introduced floor, there was US bank holiday Tomorow is US bank holiday too

EUR/CHF

Yes, but it is a buying opportunity. The best would be 1,2220

EUR/CHF