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Filtered by tags:  Intervention
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How strong can CHF get?

I decided to go long UsdChf, GbpChf, and EurChf yesterday
All Chf crosses were down 50 - 150 pips yesterday, with UsdChf suffering the most
These are unusual drops, because the Swiss National Bank is unofficially keeping an eye
on the value of their currency, and are ready to intervene
Although Chf is still growing stronger today - I am keeping my longs in
I am convinced that Chf will weaken again soon
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AdamFx42 avatar
AdamFx42 2 Nov.

UsdChf retaking 4hr trendline after (fake) breakout - hope things get better now:
http://bit.ly/2fdanhG

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USD/JPY makes new low

Post-FOMC U.S. dollar selling continued yesterday and on some pairs even exceeded the initial (Wednesday) move. One of those pairs was USD/JPY which fell to the lowest level since October 2014 and it's rumoured that the BOJ have intervened in the market to stem the decline.
110.65 is the low from yesterday. 110 is the first major support level ahead of 38.2% retracement (~1.0675) of the Abenomics uptrend. 112 - 112.50 shall now act as a decent resistance.
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FX_Riper avatar
FX_Riper 18 Mar.

Nice Chart, it seams that this pair is responding very good to those moving averages, I wish you could tell if they are EMA's or simple and the setting, thanks friend.

al_dcdemo avatar
al_dcdemo 19 Mar.

Thank you! Those are SMAs (50, 100 and 200). I find them working particularly well on D1 timeframe, as S/R or a general guide. But making decisions based on PA around those levels.

FX_Riper avatar
FX_Riper 19 Mar.

Thanks for your pronto response, I much appreciate  it ...

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Playing with CHF Pairs

This is the first time I trade EUR/CHF since the peg was introduced as I wasn't even watching this pair during this whole time, but now that SNB has removed the floor, and at least in theory, they're letting the market to decide the exchange rates. Because in practice if you have been watching the PA you could have noticed it's very manipulative. There are many rumors that SNB is intervening in the market and is trying to maintain a dirty float between 1.0500 and 1.1000 as some rumors are saying…
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anna_t avatar
anna_t 4 Feb.

Good luck in contest!

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FOREX institutional orders: EUR/CHF order insider information, SNB intervention

  • Prague HFT Group's insider connection has confirmed that 1.2 price level holds large pending order with volume of > €1 bln
  • SNB first intervention will most likely occur between 1.2010 - 1.2005

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GBP/CHF-Rallying towards a range !

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :1.4746.
[list=1][/list]…
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Maria_r avatar
Maria_r 31 Mar.

+100

Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: Current price level is 1.4839 which seem very far from my target but if we look at the chart above we can see that i predicted this bullish momentum towards 1.49 and afterwards followed by a retracement. The quality of the prediction is very good and with current momentum i can say the prediction is on track and might be proven itself to be very close.

Metal_Mind avatar
Metal_Mind 30 Apr.

UPDATE 2: We have only several hours to go and this pair has an 200 pips deviation.

Omela avatar
Omela 8 May

интересно

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CAD/CHF-Swiss franc getting stronger!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8016.
[list=1][/list]…
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Metal_Mind avatar
Metal_Mind 21 Apr.

UPDATE 1: The pair made a bullish on the contrary with my prediction,but now it looks like the pair is preparing for retracement.Current price level is 0.8006  which is over 150 pips above my target. If the current  mini rage  will breakout into a bearish move my prediction could be very close.

Metal_Mind avatar
Metal_Mind 30 Apr.

UPDATE 2. Deviation 200 pips

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A change of fortune for the Rupee...fingers crossed

Good news to see significant rebounds in the value of the Indian Rupee and the Sensex after the appointment of the new Governor. The currency move will have been accentuated by a nicely orchestrated piece of intervention, sensibly timed to make the most of a change in circumstances. As I have emphasised before, intervention timed like this is effective because it backs up other factors that the market consider positive, and the first actions of this technocrat Governor have provided that boost. …
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Haynes6EU avatar

Good luck :)

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Emerging Market Intervention - Devil in the Details

Now where have we heard this theme before, `India in talks with other emerging economies to intervene in offshore currency markets`?? This objective obviously has some merit, in as much as if one is convinced that intervention is still a robust strategy, then better to have a much bigger collective purse to bring to the table. The rationale presumably being that this large stock of collective reserves will be sufficient to detract would be speculators from launching an assault on an individual c…
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aslamhammad avatar

so the devil is cooking currencies :p

aslamhammad avatar

1 US dollar is around 104.45PKR today in my country Pakistan, for me it's awesome, but for local buyers it's going to be expensive, as it has reached the highest according to our yearly records :)....1usd for 1 Indian rupee==66.5, that's also peak high according to their yearly records, so USD has really strengthened in my opinion :)

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Intervention in India

I find it sad that FX intervention has to be reached for in India. When reserves are finite, and the numbers are in the public domain, it is very difficult to see this strategy working successfully on its own. Intervention can really only be justified as a viable option when it can buy time for the fundamentals that are causing the selling, to change; but, the authorities are under huge pressure to ramp up their response to the crisis, and their options are limited. OR... you could hopefully ha…
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mag avatar
mag 21 Aug.

very interesting... I am preparing an article September about how necessary that is speculation.

annatimone avatar
annatimone 22 Aug.

Thank you, Marco. Definitely, let me know if there is anything I can do to help. Good luck with the article!

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