SXY - CHF - Strength Coming Soon?
We expect to see CHF continue its pattern.
CHF should see significant and reliable strength starting late this week.
CHF/XXX = / bullish
XXX/CHF =\ bearish
*Generally, (XXX) matters just as much!
Also as we see AUD, USD, CAD, potentially GBP weakness
CHF and these pairs would make good potential trades.
Next few weeks:
Bullish: CHF, JXY (JPY)(LongTerm), potentially ZXY (NZD)
Bearish: USD, AUD, CAD (LongTerm), JPY (ShortTerm), EXY (EUR -will have to wait and see), and Potentially GBP
So...
Knowing the above, potential pairs to look at over the next 3-11 days :
Shorts:
AUD/CHF short
EUR/CHF short
USD/CHF short
GBP/CHF short (not confirmed w/ gbp)
CAD/CHF short (long term due to cxy)
Longs:
CHF/JPY short term long trade (E = 110.7 area)
Hope this makes sense!
KISS = Keep it stupid simple.
CHF should see significant and reliable strength starting late this week.
CHF/XXX = / bullish
XXX/CHF =\ bearish
*Generally, (XXX) matters just as much!
Also as we see AUD, USD, CAD, potentially GBP weakness
CHF and these pairs would make good potential trades.
Next few weeks:
Bullish: CHF, JXY (JPY)(LongTerm), potentially ZXY (NZD)
Bearish: USD, AUD, CAD (LongTerm), JPY (ShortTerm), EXY (EUR -will have to wait and see), and Potentially GBP
So...
Knowing the above, potential pairs to look at over the next 3-11 days :
Shorts:
AUD/CHF short
EUR/CHF short
USD/CHF short
GBP/CHF short (not confirmed w/ gbp)
CAD/CHF short (long term due to cxy)
Longs:
CHF/JPY short term long trade (E = 110.7 area)
Hope this makes sense!
KISS = Keep it stupid simple.
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