CHFUSD: Swiss Franc going sideways from here

2017年2月2日

In this chart I analyze the recent uptrend in the Franc. It appears to have ran into a wall, where the election day's low and the Brexit low sit, as well as a massive volume level, which will take time to break. I'd rather be flat here, and wait, we can look to buy dips in this or the Euro, or Gold or Silver probably meanwhile. This can serve as a hedge against our long positions in equities. I still see opportunity on the long side, not so much in the index, but in undervalued securities.

Good luck,

Ivan Labrie.

2017年2月2日

註釋

2017年2月2日

註釋

2017年2月3日

註釋

Looks like we may get the down move first.

2017年2月4日

註釋

It's a very interesting chart, let's watch it and see how it unfolds. For now, it's following my idea of sideways or slight downside action here.

2017年2月12日

註釋

Notice how we follow the arrow down as forecasted. So, it means we're not trending up, or we're in a correction of this potential trend reversal scenario.
Or, if we break down further, we're resuming an intermediate term decline.
The dollar uptrend is threatened by a possible recession in the US though, so, a safe haven currency like the franc could resume the longer term move up we see in the charts too. Interesting to watch the developments here and on treasuries.

2017年2月14日

註釋

It has the potential to turn up here today, but, if the recent low doesn't hold, it'll go to the arrow's target.

2017年2月16日

交易進行

As expectec, 100% accurate forecast. Now time to go long and exit shorts.

2017年2月26日

註釋

If we regain the top of the range, we'll see a massive rally.

2017年3月17日

註釋

It appears to be trending up now, buy on dips.

2017年6月27日

註釋

Great moves here...