So the EUR/USD super trend has stalled. Will it regain its pace?
It’s in murky waters. The dollar is, without a doubt, weak. Evidence is seen on $TNX - as it falls, 10 years yields (rates) are falling, which hurts the buck. And the buck is already hurting.
In the chart, notice how as EUR/USD rises [...]
Archive for the ‘Swiss franc’ Category
Peering a bit under EUR/USD’s hood
Posted in Euro, Swiss franc, U.S. dollar, U.S. stocks, tagged chf, dollar, dollar weakness, eur, Euro, forex, franc, stocks, strength, usd on January 18, 2008 | No Comments »
Year-end in review
Posted in Australian dollar, British pound, Canadian dollar, Carry trade, Commodities, Fed, Japanese yen, New Zealand dollar, Swiss franc, U.S. dollar, tagged comparison, currencies, forex, year in review on December 26, 2007 | No Comments »
Here is the year in review as a comparison chart (left, click to enlarge) comparing the major currencies, in this case versus the euro. The worst performing currencies, the USD and GBP, were down about 9% vs. the euro. The best, the loonie, was up about 9%%.
What happened this year?
The year had a lot [...]
Wrapping up the week looking at the big picture
Posted in Australian dollar, British pound, Canadian dollar, Japanese yen, New Zealand dollar, Swiss franc, U.S. dollar, tagged comparison chart, forex, relative performance, relative strength on December 7, 2007 | No Comments »
It’s always a good idea to regularly look at the “big picture.” One suggestion is to run a relative strength analysis, which is a common method in technical analysis. Basically, bring up the EUR/USD and then in Chart Settings, type in the other EUR based pairs in Comparison Chart, one by one. This compares [...]
The week at a glance
Posted in Australian dollar, British pound, Canadian dollar, Euro, Japanese yen, New Zealand dollar, Swiss franc, U.S. dollar, tagged aud, aussie, cad, chf, dollar, eur, Euro, forex, franc, gbp, kiwi, loonie, nzd, pound, swissy, usd, week summary on November 16, 2007 | No Comments »
In an effort to help you prep for the week ahead, here’s a quick glance at who did best - and worst - for the week. It’s a good idea to stay on top of this so that you know which currencies to avoid and which to look for opportunities in.
Notes that these [...]
Looks like it was a dub top
Posted in Euro, Price patterns, Swiss franc, U.S. stocks, tagged chf, doom & gloom baby, double top, eur, Euro, franc, price pattern, resistance, support, swissy, U.S. stocks on November 8, 2007 | No Comments »
Well the EUR/CHF we were keeping an eye on turned into a double top indeed. You saw it first here! Three days heads up on this. Quite a pretty one too, very well-formed. Target is now down around 1.6500. Remember, trading price patterns is no excuse to dump your system/studies. You trade your method within [...]
USD/CHF hits our target
Posted in Price patterns, Swiss franc, U.S. dollar, tagged dollar, usd, chf, price pattern, swissy, franc, triangle, huzzah on November 8, 2007 | No Comments »
Victory! Again. Lots of things going as predicted lately. We’ve talked about the pair for months - watching for it to break below long term support (talked about it on the our FX site off and on forever) then here on the blog we watched it go up and then bounce back down (look at [...]
Two scenarios on one pair
Posted in Euro, Price patterns, Swiss franc, U.S. stocks, tagged chf, eur, price pattern, forex, franc, Euro, stocks, triangle, double top, doom and gloom! on November 5, 2007 | No Comments »
Let’s keep an eye on the EUR/CHF. The euro is hot right now, and the franc is the currency I don’t shut up about as the months go by.
The euro will rise against the franc if good times keep up and U.S. stocks continue to rise. If they don’t, and Doom & Gloom set in, [...]
The franc’s getting its funk on
Posted in Swiss franc, U.S. dollar, tagged chf, dollar, forex, franc, price pattern, switzerland, usd on November 2, 2007 | No Comments »
Heads up, the swiss franc has been one of my favorite drums to beat on for months (its undervalued, it’s economy is strong, it should rise sooner or later boo-hoo and so on etc.) … check the USD/CHF if you haven’t lately. Basically, if you’re looking for a long term trade it’s hard to [...]
GBP/CHF, up, up … ?
Posted in British pound, Price patterns, Swiss franc, U.S. stocks, tagged breakout, chf, forex, franc, gbp, gbp/chf, pound, price pattern, stocks on November 2, 2007 | No Comments »
The pair seems to be popping up and out of its new mini channel. However, does it have it in it to keep this up? Not if stocks have anything to say about it. If worries keep up, the sterling will fall. If stocks manage to pop up above resistance, the pair should continue [...]
Swissies at top of World Bank’s rule-of-law index
Posted in Carry trade, Swiss franc, U.S. dollar, tagged carry, dollar, usd, chf, forex, swissy, franc, Carry trade, wealth, world bank, intermarket analysis, interest on October 28, 2007 | No Comments »
Revisiting “The Secrets of Intangible Wealth, ” and what I’ve been hammering on about franc valuation (under valued and destined for the stars when carrys unwind) and the future of the USD/CHF (down, down, down): notice that the World Bank ranked Switzerland tops in regards to wealth (intangible.) The swissy’s been held down for [...]
Managing uncertainty with less technical risk
Posted in British pound, Risk, Swiss franc, U.S. stocks, tagged chf, forex, franc, gbp, pound, Risk, sterling, stock, U.S. stocks on October 25, 2007 | No Comments »
When the going gets murky, put some armor on. I can’t help but feel luke-warm about some of the trends going on with U.S. stocks displaying weakness.
Sometimes my armor is reducing my position size, doing shorter term trades, or simply just trading less. You can also hedge your risk by choosing less aggressive pairs. Ones [...]
Go break-out hunting with the GBP/CHF
Posted in British pound, Swiss franc, tagged , chf, franc, gbp, pound, swissy on October 16, 2007 | No Comments »
This pair broke out of a little downward channel last week; we had also talked about its potential as a “safehouse” if things got ugly in the world, which they didn’t last week.
Fast forward: the break hasn’t gone far which isn’t surprising because it wasn’t a strong resistance to begin with. I think the downside [...]
Tune in to Monday’s audio commentary
Posted in Audio commentary, Australian dollar, Japanese yen, Swiss franc, tagged australia, chf, China, forex, franc, jpy, yn on November 27, 2007 | No Comments »
Today on InvestoolsFX Audio:
China to allow sovereign investment in Japan, and how will a new political party in Australia affect the Aussie? The JPY and CHF dominate the relative strength charts … what does this mean for you trading? And, a principle that has made me a good currency [...]
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