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Swiss Franc is all that is left holding Euro Up

Started by Trading Coach, Apr 28 2010 05:42 PM

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#1 Trading Coach

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Posted 28 April 2010 - 05:42 PM

We picked this up a few weeks back at the first of April and have been monitoring EUR/CHF.

Here is a daily chart of EUR/CHF as well as comparison charts for EUR/$, EUR/Yen, and EUR/GBP highlighted time period from 3/31 - present

There is HEAVY PRESSURE now on that EUR/CHF Peg.

When/if this breaks down... We could see free fall in Euro.... 127.50 vs US$

Attached Images

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#2 Trading Coach

Advanced Member

Root Admin
55,904 posts

Gender:Male
Location:San Francisco Bay Area
Interests:Outdoors, Boating, Fishing, Flying (pilot's license), Travel, Karaoke, Family Outings, History, Business and Current Events, Sports, Gourmet Chef, Poker Player, Word Games.

Posted 30 April 2010 - 04:25 PM

ALERT EUR/CHF TRADING AT PEGGED SUPPORT

1.4326

(See Charts Above)

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The opinions, articles, statements and analyses displayed on this website are provided as an educational service and are to be construed as general information. Any opinion, estimate, projection, forecast or probability provided constitute the best judgment of the author as of the date indicated and are subject to change or modification without notice.

The information provided on the website is obtained from sources believed to be reliable, however there is no guarantee or warranty, expressed or implied, that such information is accurate. Nothing contained on the website is intended or shall be construed as investment advice, nor should it be relied upon in making investment decisions. None of the stocks or securities discussed or presented in graphical format constitute any recommendation to buy or sell. Prior to making any investment decisions, you should confer with your broker, investment counselor, accountant or other financial professional to determine the suitability of that investment for your portfolio. Volume Dynamics and it's authors are not responsible or have any liability for investment decisions based upon, or results obtained from any of the information provided on this website.