An ongoing pattern of lower highs on the charts combines with
A pattern of lower highs leaves the bias in the Swiss pointing
While the SNB is reportedly circulating or fostering a fresh Swiss/Euro
In the week ahead, investors will be turning their attention to
A fresh lower low for the move overnight leaves the trend pointing
Talk of possible SNB intervention seems to have fallen on
Yesterday’s hook reversal in the Swiss did not produce any
The SNB is threatening to intervene and some sources suggest
The Swiss has broken out to the downside from its post-“melt-up”
In the week ahead, investors will be focusing on Friday’s preliminary data
Sentiment favors long USD positioning, at $48bn in aggregate and
Anxiety levels have moderated in the Swiss and prices have slumped