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EUR / CHF 1W - no comment

fxdance Updated 15 Gen  in #Trader's blog
Undoubtedly event of the day was the decision of the Central Bank of Switzerland regarding the limit of 1.20 to the Euro. The limit was introduced in September 2011. The price movement for the EUR / CHF is impressive even on a weekly interval, at times reached the level of 0.8500. Forex.com has suspended trading in CHF due to lack of liquidity. The value of time EURUSD reached 1.1575, range of motion at 200 points. Undoubtedly, today's session due to the very high strengthening of the Swiss curr…
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fxdance 15 Gen

- Naturally, the decision was made Swiss National Bank -

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EUR/JPY RSI oscillator indicates very strong oversold

fxdance Posted 14 Gen  in #Trader's blog
The graph EUR / JPY, we see the rapid downward movement came in around 136.65-137.00 support. Thus, the formation of a strong upward movement initiated a growth of 29 October last year was fully offset. RSI oscillator indicates very strong oversold in the vicinity of 18.70000. The course stopped at the line taken the vertices preceding autumn formations rise. The graph D1 can be seen that coming opportune time to take a buy position. Remains an open question whether this week or next week.
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EURUSD Waiting for new lows

fxdance Posted 13 Gen
EUR / USD hovering around 1.18.et is waitin The markg for Jan. 22 - general feelings about QE program based on government bonds. Markets expect that the sum of the actions the ECB may even exceed 1 trillion euros. Each limit below this amount may disappoint the markets. The greater the amount of QE the more realistic new lows for the EUR / USD
Earlier, on Wednesday we will know the outcome of the meeting of the European Court of Justice regarding the OMT. Negative opinion may affect a small del…
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