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Usd/Chf in 15 minutes charts

Posted on November 19, 2008 at 14:56 in Uncategorized by Valeria Bednarik

The pair is not only oversold in smaller charts and offered a quick rebound in the base of the channel, also a tough congestion zone. Market is moving more quickly than my hands here, but as long as the minimum remains unbroken, we could see some more short term bullish there.

2 Responses to “Usd/Chf in 15 minutes charts”

on 19 Nov 2008 at 6:01 pm1Dr. S. Sivaraman

Hi Val
Have you noticed EURO and GBP rised when USD/CHF was holding and now EURO and GBP dropped and USD/CHF rised- a mechanism to rise CHF croses ? and also all European crosses are active amd making big moves.
Regards
Dr.Sivaraman
on 19 Nov 2008 at 6:18 pm2Valeria Bednarik

Hi Dr Sivaraman! good to see you here. I noticed early this morning, that USD/CHF was more certainly bullish and defined at least for me, than the rest of the pairs. Chf crosses are rising yes, but from very deep levels, and I saw it more from the technical correction perspective than a mechanism. European crosses were very atractive these last hours, as despite bad news and upside spikes, the trend is there just taking a breath. Anyway, I’ll always prefer the short term, and that’s other great thing of being here: plenty of crosses to choose from, plenty of alternatives to move in the market.
Hope to see you back soon!
Regards
Val

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