Qartley222 Thanks for the message.I have not traded spot forex for a while.I have to check with IB how they handle debit interest for short NZD etc. Your call on CHF hourly could be right but your other call on daily CHF is the probable out come.Iam looking CHF to test support maximum up to 17/34 hourly EMA & then a solid break out to the up side taking out your pitch fork lines.This week Tuesday/wednesday ppi/cpi could be the catalyst? Another clarification: Long usd:EUR small credit interest short USD:eur ,bigger debit interest Long USD/CHF big credit interest short USD/chf - smaller debit interest If you are long EURO for a long time,will incur debit interest daily.May be play a neutral combo with short CHF against USD will give net positive interest right?could you check with your broker?
USDJPY has replica pattern as the USDCHF........for obvious reasons. I think 116.71 area is a good short. Good luck to everyone that is Bearish.
WEll it went up then back down. Seems to be hovering on the bottom line of the pitchfork. Possible go up from here, but i am not too certain. I am neutral EUR/USD.........
USD/JPY and USD/CHF worked in our favor. AUD/USD seems to possibly be making a top at the 2.272 retracements. Could be potential short.
EURJPY looks liek it is starting to peak on the daily, hourly and weekly chart...... attached is the daily.