Tag Archives: CHF
CHF Mid-day Analysis
The Swiss has forged a week ending short covering bounce but we don’t see the fundamental setupshifting and allowing the bull camp to consistently regain control.
CHF Mid-day Analysis
Like the Euro, the Swiss continues to face a bearish chart setup and lingering bearish fundamental vibes.
CHF Mid-day Analysis
Like the Euro, the Swiss remains technically entrenched in a downward bias. However, the June Swisshas some initial even number support at 1.1100 but
CHF Mid-day Analysis
The Swiss is caught in the downdraft created by the Euro but it is also possible that Swiss retail salesgains of only +0.4% in April, were simply judged to be unimpressive.
CHF Mid-day Analysis
The Swiss looks to start the new trading week out on a soft track and it might be poised to slide backtoward last week’s initial lows down around the 1.1116 level.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Thursday’s U.S. retail sales report for further indications on the strength of the U.S. recovery.
Weekly CFTC Trader Positioning Data
• Sentiment continues to diverge with building bearish EUR andJPY positions and steadily bullish AUD, NZD, MXN and GBP holdings.
CHF Mid-day Analysis
Now that the Swiss has survived the ECB easing move it is possible that the June Swiss will manage torespect consolidation support of 1.1147.
CHF Mid-day Analysis
The bulls in the Swiss will suggest that the June contract has built a fairly significant consolidationsupport zone around the 1.1133 level and
CHF Mid-day Analysis
The June Swiss did see a fresh lower low for the move overnight but the market has rejected thatbreakout and has recovered slightly in the wake of favorable Euro zone jobless results.
CHF Mid-day Analysis
While the June Swiss is showing signs of respecting recent consolidation low support, slack Euro zonedata and anticipation of ECB easing this Thursday looks to