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| Posted By: William Tell Posted On: Jun 8, 2007 Views: 2732 | Week of June 9 It's 7.54 AM PST and the dollar has rallied to 1.2355. I said this would be an up week (see comments below) and although we might not hit 1.24 this is a golden opportunity to GO LONG CHF!!! Recommend strongly you SEll THE FARM and buy the SWISS FRANC for a LONG TERM SWING TRADE. The USD is on the defensive with appalling fundamentals. SUGGEST NEXT WEEKS CLOSE WILL BE LOWER THAN THIS WEEKS. |
| Posted By: WilliamTell Posted On: Jun 1, 2007 Views: 2089 | Week of June4 My recommendation to sell dollars above 1.2330 last week was close but no cigar. (The high was 1.2329). However, the previous weeks low was tested as I predicted and the Swiss rallied to 1.2200. The US stock market has been strong and this has bolstered the dollar. Looks like an up week this coming week with a possible test of 1.24. If the USD closes near this level or at the highs of the week's range, consider shorting the dollar unit Friday and holding long CHF. |
| Posted By: William Tell Posted On: May 25, 2007 Views: 1936 | Franc Forecast Week of 5/28/07 Those of you who took my advice last week and sold USD rallies up to 1.23 fared well, despite a relatively narrow price range (1.2332H/1.2238L). Still prefer being long francs despite some positive economic numbers about US housing sales. Longer term, however, I see a recession in the U.S. looming, precipitated by escalating gas prices and unforeseen setbacks in the Iraqi war. This week I would encourage USD sales above 1.2330 looking for a test of Wednesday's 1.2238 low. |
| Posted By: William Tell Posted On: May 19, 2007 Views: 1944 | Range for Week of 5/20/07 Seems to me the rally of the USD against the Franc was strictly a technical "Dead Cat Bounce." The fundamentals for USD are still overwhelmingly negative. Iraqi conflagration, oil prices volatile, gold is strong, US inflation at the consumer level moves up and up. Three stabs at 120.00 yielded three rallies, each successive rally demonstrating lower highs. Technicaly, looks like a bearish descending triangle on the weekly chart with a fourth assault on 120 not only seeming inevitable but successful this go round. ACTION: Sell USD/CHF up to 123.00 looking for a test of 120.00 this week. |
| Posted By: JIM Posted On: Jan 23, 2007 Views: 3072 | safe haven in a trouble 24th jan.2007 since the correlation between the swiss franc and euro had been cut, chf loosing steem being the safe haven due to the big differantals in interest rates against the high yield currencies swiss franc bulls became more catuious and sensative notably to any rise in swiss franc recently- specially market is turning corner favouring usd bulls |
| Posted By: zameer Posted On: Feb 28, 2006 Views: 5528 | move There are savrel ups and downs had ben tuched dut 3060 holds longer so it confirms the bulish of dollor so we should take long positions at dips today i shuld wait to tuch 3180 to take a position for 3250. THANK YOU and have good trading |
| Posted By: dbedwards Posted On: Jan 28, 2005 Views: 9993 | Trading strategy for week of1/31 Looks like dollar bulls have overdone it! Consider buying Swiss Franc this week with a potential objective of 117.00. |
| Posted By: dbedwards Posted On: Jan 14, 2005 Views: 10118 | Day Trade Special for 1/17 If Swiss Franc opens below 118.00 area buy Swiss Franc on Monday's opening looking to cover by the end of the day session. Try 30 point stop looking to pull out 100+. |
| Posted By: dbedwards Posted On: Jan 7, 2005 Views: 10211 | Week of 1/10 Suggest that Monday's range for SFR will be 1.1900 to 1.2020. Suggest that for this week sell SFR short if/when market touches 1.1850. Would hold short and then cover by Friday's close. |
| Posted By: dbedwards Posted On: Dec 31, 2004 Views: 8999 | Week of January third Suggest going long SF at 114.50 with an objective of 113.00. Look to short SF at this level and cover by Friday's close. |
| Posted By: dbedwards Posted On: Dec 18, 2004 Views: 8948 | Forecast for Week beginning 12/19 Believe cash Swiss Franc range for this week will be 114.00 to 117.00 |
| Posted By: Forex Directory Posted On: Sep 8, 2004 Views: 10462 | Free Swiss Franc Forecasts Free swissie high/low forecast by Forex Predictions.com, visit http://www.forexpredictions.com/chfD/chfD.html, or http://www.forexdirectory.net/chf.html |
| Posted By: Forex Directory Posted On: Aug 23, 2004 Views: 10500 | Forex View - US Federal Deficits There's a nice article on the implications for the us dollar due to the current account deficits. Check out "Forex News" on the News/forex page at http://www.forexdirectory.net/newsfx.html |
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