Tag Archives: CHF
CHF Mid-day Analysis
With the bottom falling out of the Euro overnight and US macro-economic views seemingly improvingwith each passing day, the path of least resistance in the Swiss should be pointing down and
CHF Mid-day Analysis
Like the Euro, the Swiss appears to be short term technically and fundamentally oversold. In fact, thespike down trade to 1.1155 was clearly rejected and
CHF Mid-day Analysis
While the Swiss showed a temporary rally overnight, the trade clearly wasn’t interested in supporting thatkind of move.
CHF Mid-day Analysis
Unlike the Euro which has managed to consolidate periodically, the Swiss has remained in a negativechart pattern. In fact, with an extending pattern of lower highs and lower lows,
CHF Mid-day Analysis
While the Swiss is left flat footed by the rejection of a $25 minimum wage referendum, it is catching anindirect lift from a recovery in the Euro and renewed weakness in the US Dollar.
Leveraged Funds Cut EUR, GBP Longs, Increased AUD longs
The following are key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 13 May.
The Week Ahead in FX
In the week ahead, investors will be looking to the minutes from the Federal Reserve’s latest monetary policy meeting, due for release on Wednesday, for insight on the central bank’s view of the economy.
Weekly CFTC Trader Positioning Data
This was a week of subtle but important change as the marketpared its long exposure to Europe driving the net USD position toflat. In addition, most trends are decreasing,
CHF Mid-day Analysis
We see a critical pivot point in the June Swiss up at 1.1239 and to start that level might be somewhatformidable resistance.
CHF Mid-day Analysis
With the Swiss tied to the Euro on upside and downside moves, it is not surprising to see the Swissrange down sharply again this morning.
CHF Mid-day Analysis
The Swiss continues to track in sync with the Euro and it is impressive to see the Swiss higher thismorning in the face of fresh ECB easing talk.
CHF Mid-day Analysis
The June Swiss remains off balance on the charts but appears to have found some support around the1.1250 level. Slack German confidence readings provided the brunt of the slide in the Swiss overnight,