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USD/CHF

Chart Scale: Monthly, Weekly
Indicator Used: Bollinger Band, CCI
ATR Weekly / Monthly 390 Pips / 150 Pips
Support Resistence: 0.95498, 0.98366, 1.0331
Pair Analysis:
Monthly Chart it is to reverse to the downside, however the Green Candle could mean that the choppy uptrend since 2011 sutain. The weekly already is in bear mode but now is correcting up. If Swissy weakness will occur, this pair may continue with the choppy uptrend, even though there would be slight interruption on the Monthy Chart.…
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sharpsense 17 Aug.

USD/CHF goes sideways, but it stopped the downtrend / At some point I expect the Swissy to decrease

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GBP/CHF

Chart/Scale: Monthly/Weekly, Jforex3
Indicators: CCI 14, Bollinger Bands 20 / 2 /2
Weekly Range ATR: 245
Monthyl Range ATR: 646
Support Area: 1.1555, 1.1753, 1.1677
Resistence Area: 1.2934
Pair Analysis: GBP is in downtrend, However the low of 2011 was not broken yet, the whole move must be looked as sideways correction. I expect the pair to go close to this low again.
Middle Bollinger Band shows resistence. I expect the pair to fall from here
Monthy Chart:
Weeklx Chart:
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sharpsense 22 July

On the weekly there is now a reverseal, I expect the pair now to fall to 1.20 Level.

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AUD/CHF starts marching lower

Technical Indicator used: horizontal/vertical lines
Support/Resistence
EMA: 20 / 50 / 100 /200
ATR
Weekly trend down / daily trend down
The whole 0.7 area should hold as support
Fundamental: RBA is in cut interest rate cut cycle, but it could have on the bottom. SNB fights against strong Swissy.
Monthly Chart:
Weekly Chart:
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USD/CHF

Technical Indicator Used:
horizontal/vertical lines
support/resistence
EMA 200/ 100/ 50/ 20
fundamental:
SNB will fight against strenghtening Swissfranc. However SNB looks mainly on Eur/CHF and not USD CHF. USD/CHF always very close to the EMA 200/100/50/20
Weekly Chart:
Monthly Chart:
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About the swiss gold referendum...

A little note from me today after the month end flows which were hopefully successful for all of you.
This week on Sunday, the Switzerland gold referendum will be eyed most in the forex world.
Why is this referendum so much important and how may it affect the markets?
We got to see first what is this all about:
1. Referendum will enforce the SNB to hold all gold reserves in the country.
2. Gold reserves should not fall below 20 %.
3. The referendum will enforce SNB to not sell gold.
If th…
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