since 08.09 to 08.26 yesterday chf: vs aud -19.75% nzd -18.53% eur -16.31% cad -15.52% gbp -15% usd -14.92% jpy -12.74% average -16.11% i am see very good sup to rebuy chf next weeks at least chf rise 5-10%
USD and CHF and JPY are all in a race to the bottom. Going back to 1945, Japan didn't do to well. USA also took some heavy losses. As I recall, Switzerland came out ok.
next week: i am think next week chf can down a bit more.i am study another charts and after day like friday chf need some consolidation before reverse down so,particulary tuesday,wed or thursday chf can down with some strengh (after rise correction) we see
i am not sure today chf have big up trend maybe rise more last 2 weeks retracements i think is very good oportunity to rebuy chf. in the case chf broker highs can make a lot of money in 3-5 months of rise more
i think usdchf go down to 0.7825 next week. then after a lot of ups and downs maybe to 0.7065 would take the whole september. Or it goes up. Who cares.
about crosses i am see nzd particularly interesting look nj and nu 08-16 to 08-26 nzd are in the max level (can made double top) by the other hand i see good sup to sell nzdchf with .69 stoploss -130 pips from friday close. probably this pair reach top and start down next week nzdchf rise +18.53% just below audchf .61 can good tp to 1 lot but if chf still in up trend next weeks can hold with other lot to win more
another crazy day chf new lows. vs -18.9 eurchf -18.04 gbpchf -16.6 usdchf -18.49 cadchf -14.1 chfjpy -21.51 nzdchf -22.63 audchf 18.61 average probably this is the top.
i made 100 pips today against chf too but be careful chf won +350 pips from de bottom i think we have the low value of chf ,the trend reverse again to chf strong