Price action…USD/CHF put in a lower low from yesterday and is trying to reverse. What to look for… Price action has to minimally maintain over 80.20 USD/CHF and a close is needed, today, over 80.70 USD/CHF to think you’ve seen … Continue reading
118.20 is the keno Pit futures weekly closing Number for an outside reversal weekly lower close. That’s app 84.65 USD/CHF. The weekly # in USD/CHF is a close over 85.19
93.47 was last years close. This is not a spot to press up long Dollar positions. let it breath!! However, a close over this level is bullish dollars and can start another swing.
Swiss franc futures are up good this a.m. 108 in the futures App. 92.47 USD/CHF is the key pivotal closing level here. This is the cheapest look for anyone wishing to buy dollars. Long Swiss is a flight to quality … Continue reading
The early action looks to be muted, the entertainment will have to wait for the API #’s in Crude and Uncle Ben’s testimony later in the morning. As previously stated: the Euro is strong on the crosses! Look instead to sell 80 point … Continue reading