Hey tradomaniacs,
I`m currently waiting for the FED to give the market more fundamental impulses.
Looking at USD/CHF we can see that price is not really trendy, instead volatile within a cotnraction and weekly support-range.
As mentioned before in my NZD/USD analysis, we need to see how the market reacts to a potential tapering.
In case of a hawkish turn, we might see more USD-Strenght. In case of a shocked stock-market, we might see a cashflow into safe heaven such as CHF and JPY, which could cause choppy price-action as we get to see
CHF and USD strenght. In this case it would be way more interesting to SHORT EUR/CHF.
If FED dissapoints and we get more USD weakness, we might see more risk-on and so a falling USD/CHF.
Let`s see! :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
I`m currently waiting for the FED to give the market more fundamental impulses.
Looking at USD/CHF we can see that price is not really trendy, instead volatile within a cotnraction and weekly support-range.
As mentioned before in my NZD/USD analysis, we need to see how the market reacts to a potential tapering.
In case of a hawkish turn, we might see more USD-Strenght. In case of a shocked stock-market, we might see a cashflow into safe heaven such as CHF and JPY, which could cause choppy price-action as we get to see
CHF and USD strenght. In this case it would be way more interesting to SHORT EUR/CHF.
If FED dissapoints and we get more USD weakness, we might see more risk-on and so a falling USD/CHF.
Let`s see! :-)
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me