Next week will be next SNB (Swiss National Bank) conference, thats why i think thats great time for another EUR/CHF analysis. This will be third, first i wrote at seventh march 2012 (and i was right) and second i wrote at twentieth semptember 2012 (right too).Im really big fan of SNB peg, because i think its great opportunity for everybody to make very good trades with wonderfull TP:SL ratio. Thanks to several several big banks, which started to apply negative interest rates at CHF deposits is EUR/CHF traded around 1.21. (was as high as 1.2163)1) I think that SNB will not change their peg for another 3 - 6 months, because there is still big risk at forex market with EURO and USD too. So thats why i still belive in 1.2000 floor as great resistance, which will not be broken. I would set up Stop loss level in range 1.1970 - 1.1990 depends on your trading style. My plan is to open positions at 1.2090 and in case market will give me better price i will buy much more. In best case at 1.2010 with target at 1.24.2) I would split my target into two cases, short term and medium term. My shortt erm target is previous highs somewhere around 1.2150 - 70 zone, because that zone was several times…
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