USDCHF.
A couple of distinct features tally here on this chart. This exactness gives some answers, though not all you might need for trading. I am saying that it looks that USDCHF is not going to break higher and will remain below 8856 for some time. For how long, I do not know.
USDCHF is making typical loops for a market heading downwards. There is a trigger down and two RARs (triangles). Please note that USDCHF had shot ways too high than 14.208 and now this line represents something interesting from the point of view of market's behaviour.
The dollar demonstrates some weakness against the Swiss franc ahead of this week's important data from across the Atlantic.
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EURUSD update
EURUSD is fairly resistant to the recent political developments around Greece and its fate.
There are two triggers up and a semafor3 painted nearby. The energy contained therein is enough to lift EURUSD to a UPO @ 1.4132.
What the recent lows are and what they mean requires to go back to a recent history and October 12.
EURUSD returned to a UPO @ 1.3607. One pip away from it. This one pip makes a difference. The low was 1.3608.
There are two triggers up and a semafor3 painted nearby. The energy contained therein is enough to lift EURUSD to a UPO @ 1.4132.
What the recent lows are and what they mean requires to go back to a recent history and October 12.
EURUSD returned to a UPO @ 1.3607. One pip away from it. This one pip makes a difference. The low was 1.3608.
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- The chart with UPO @ 1.3607 from Oct.12. Many of those longs above must have been closed. Not all, though. We haven't seen stops triggered.
- eurusd2.11x.gif (34.62 KiB) Viewed 1569 times
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- eurusd2.11.gif (42.09 KiB) Viewed 1571 times
OIL updated
OIL updated.
Above 107.60 bullishness will persist.
Above 107.60 bullishness will persist.
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- oil2.11.gif (45.91 KiB) Viewed 1566 times
DJIA heading towards 12006
DJIA heading towards 12006.
But more important is 12104=4.669 of the same trigger up and a cotarget.
But more important is 12104=4.669 of the same trigger up and a cotarget.
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- djia3.11x.gif (40.61 KiB) Viewed 1557 times
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CHFHUF (Swiss Franc vs. Hungarian Forint)
CHFHUF reached a minitarget of 248.07. A mini but important. It is not closing below yet.
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- chfhuf4.11.gif (43.42 KiB) Viewed 1548 times
BNP Paribas returns to UPO @ 33.63
New UPOs are marked below.
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- bnpparibas4.11.gif (39.77 KiB) Viewed 1547 times
CHFPLN at 4.669=3.5471
CHFPLN at 4.669=3.5471.
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- chfpln4.11.gif (42.93 KiB) Viewed 1546 times
BNP Paribas
BNP Paribas returned to UPOs @ 33.63 and 33.40 which was a typical 4.669 expansion of a trigger up.
Then it retreated to freshly born UPOs, yet 30.257 held for the time being.
BNP closed with a bearish tone on Friday. When 30.257 is broken then immediately27.522 will be targeted.
BNP behaves surprisingly well in terms of chaotic properties. It is stable upwards and unstable downwards.
Then it retreated to freshly born UPOs, yet 30.257 held for the time being.
BNP closed with a bearish tone on Friday. When 30.257 is broken then immediately27.522 will be targeted.
BNP behaves surprisingly well in terms of chaotic properties. It is stable upwards and unstable downwards.
- Attachments
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- bnpparibas5.11.gif (39.19 KiB) Viewed 1561 times
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