In today's analysis, let's examine the EUR/CHF pair, which has recently provided a strong buy signal. This year has been outstanding for EUR/CHF, with the pair recovering from the lows of late last year to reach new yearly highs. The previous week was particularly significant as the price broke...
The Swissy held on to the bulk of gains made the previous day against the euro, with EUR/CHF pair trading higher since Wednesday, the 9th of August 2017, with the price moving from 1.1259 up to 1.1346 during the opening of the Asian session, with the pair price later dropping at 1.1298. (Source...
There has been a steady barrage of conflicting information about the euro during the past week. The euro market was deflated after the ECB President Draghi's press conference, but quickly reversed once Spain announced there was a break through, and lower borrowing rates would be available in the...
CHF weakness is continuing
USD/CHF – this pair has resistance to about 0.9300 but if a solid heatmap buy signal develops we would consider a buy, trend is still strengthening
EUR/CHF – set buy alarm at 1.2450, room to move up past there and the trend is strengthening
GBP/CHF – this pair...
USD/CHF – Long term uptrend set buy alarm at 0.9250
EUR/CHF – D1 uptrend set buy alarm at 1.2355, room to move past there
GBP/CHF – D1 uptrend set buy alarm at 1.4300, room to move past there
When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for...
EUR/CHF seem to be trading in a very tight range this week - less than 45 pips up and down. Seems like the SNB's action is working. What do you think of it? Do you have any positions in EUR/CHF? Do you think it would be safe to scalp inside this range?
Some info on this topic...
CHF weakness is likely tonight, all CHF alarm prices are estimated
USD/CHF – set buy alarm at 0.7970 and 0.7995 to check for movement, check the heatmap when the lower alarm hits or else reset to higher alarm. Some room to move past there to the upside.
EUR/CHF – set buy alarm at 1.1485...
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