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PhilouFX replied Aug 28, 2013XAU, XAG release pressure, Oil: release pressure DAX: no panic yet DOW: holding at time of USD opening USDJPY: nice rounding bottom, nearly 1.00 up since yesturday EURUSD: still in it range EURCHF:.... stuck at the bottom.... I guess as time passes ...
EUR/CHF
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PhilouFX replied Aug 28, 2013Yep, 2nd step (in our direction) would be a H1 & H4 close above the psychological 1.230 level...
EUR/CHF
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PhilouFX replied Aug 28, 2013I wish the same, though, I am getting concerned, if we stay too long on this strong resistance, any news could break it. We already touched it by 3 times, probabilities are not in our side. Yet, all indices (DAX, Dow), most majors are on support, ...
EUR/CHF
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PhilouFX replied Aug 27, 2013I posted these 2 charts earlier this week, so the rates are no longer correct, but the supports/resistances are clearly marked (these are the ones I follow). So to me the next major support is 1.225, check back the past few months, it did well. ...
EUR/CHF
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PhilouFX replied Aug 27, 2013IMHO, we will only touch the 1.22 region, if there is a MAJOR event (not related to monthly closing, have a look at the past 2 months closing - within 20 pips from present level).
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PhilouFX replied Aug 27, 2013I don't think so, you normally don't put your stops just on a support (here 1.228), but below it. Just my opinion.
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PhilouFX replied Aug 27, 2013Well... oil up, stocks down, refuge values up... OK, OK, we might blame it on Bashar... We should hold a second attempt to break the 1.228, but not the 3rd one...
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PhilouFX replied Aug 27, 2013Not an expert on war issues, but if war, people will seek refuge... And in this world, few currencies are part of the league. Because, if 'the whole world collapses', would you rather have USD or SEK/AUD/ZAR/EUR/... ? You want USD, CHF & Gold. So ...
EUR/CHF
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PhilouFX replied Aug 27, 2013To me 1.2280 - 1.2285 is a strong support, hourly RSI is already at 26.xx, I do not see it breaking lower (unless, a few Skuds starts flying around the Middle East....)...
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PhilouFX replied Aug 27, 2013I guess, there is many things in a price, CHF being the ultimate refuse currency; it would react to economic perspective, but also geo stability, etc. Not easy to really allocate the %. Before Syria, we had tensions in many other countries. For ...
EUR/CHF
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PhilouFX replied Aug 27, 2013Well, it depends if you consider spikes or daily closing... To me, it will all depend on the German IFO in 3 minutes...
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PhilouFX replied Aug 26, 2013Another way of looking at it 'Why would we have a positive day?'. Which news or info should trigger a rally? Take it as an open question. Left everything alone, I guess the pair would go up (CHF depreciate), but, every stone on the road makes it ...
EUR/CHF
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PhilouFX replied Aug 25, 2013Hi guys, this is how I see it - Daily: status quo; no up move, no down pressure. RSI flat. Nice little flag (in green on my daily chart) in which we are hangging inthe middle... Lot's of experts are watching the MVA200 & they remain bull as long as ...
EUR/CHF
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PhilouFX replied Aug 23, 2013This used to be true last year, but less in recent time. Simply, because everybody was seeking refuge before the W.E. when markets are closed. But, over the past few months, this Friday drop was less obvious. Again, see the USDJPY, just today, they ...
EUR/CHF
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PhilouFX replied Aug 23, 2013An hour ago, I mentioned 1.2315 as a good support, we've just hit 1.23184, close enough

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PhilouFX replied Aug 23, 2013For the past few months, if you want to understand EURCHF, ALWAYS keep a close eye on USDJPY. They are highly correlated. Just now 99.1x, which is heavy resistance (high of a 4H channel + support line of multi month). US home figures are not too ...
EUR/CHF
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PhilouFX replied Aug 23, 2013Hi guys, my first post here. Just read the last couple of pages to get the mood of the members here. Over the past couple of weeks many analysts foresee this pair to hit 1.27... Well, to me this would be possible in a perfect world with genuine ...
EUR/CHF