Tag Archives: EUR/CHF

Gold & Silver…Risk On

GLD & SLV Etf’s.. Admittedly I got stubborn with this trade! Definitely the worst trade I’ve had in the past 3 years. I hate taking a great trade in the equity indices and turning it into nothing someplace else. If … Continue reading

A.M. Look 7/1/11

The Aussie ,Canada,Suisse and EUR/CHF are all in play today. Please refer to the recap levels yesterday. 122.96 EUR/CHF should be a difficult level. The straight Suisse futures are attempting to put in an outside reversal week, however the USD/CHF … Continue reading

EUR/CHF…Precious Metals

Long Euro/Short Suisse 121.50 now becomes the weekly focus in this cross. A close tomorrow, above, will put in an outside reversal week to the upside, signaling an interim bottom. Last months close was 122.96, which should cap the rally … Continue reading

A.M. Look 6/30/11

Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading

EUR/CHF…NEM

We have a weekly double bottom pattern @ 118.08 in this cross. A close today @ 4 P.M. EST over 119.67 puts in an outside reversal day to the upside. This means the Suisse should weaken relative to the Euro. … Continue reading

EUR/CHF…Qtrly Chart

We’re back to my favorite look for the past 2 qtr’s, EUR/CHF. In Sept 2010 I wrote a piece as to the condition of this cross. We stated to not be short the Euro when the entire street said yes. … Continue reading

A.M. Look 6/15/11

EUR/CHF failed to get close to the big short term buy stops yesterday above 123.20 Straight USD/CHF needs all new strength over 85.50 for more Swiss weakness. Translation be wary of selling weakness at these levels in the Euro and … Continue reading

A.M. Look 6/8/11

The Nasd will have a total breakdown with a Futures close below 2266. AAPL… 322- 324.80 will be another good market tell. This represents the last of the monthly support and the 200 day mvg avg. Only sustained price action … Continue reading

EUR/CHF

122.60 EUR/CHF will be a tough level today in this cross. This simply means DO NOT BUY STRENGTH IN THE EURO at this time. You’re actually seeing the Swiss run out of upside momentum based off this cross. The currencies … Continue reading

A.M. Look 5/31/11

Some of the futures traders were taken out of their short S&P500 futures positions early last night. ETF traders should leave there stops in place. 1346.25 S&P 500 Futures is going to be a key level to close over for … Continue reading