Looking to open new short positions against weakest currencies (AUD, NZD, CAD, GBP) by the opening of the week, month, quarter and semester we are now hesitating between selling them against the Swiss Franc (CHF) or the Japanese Yen (JPY). Now the question that arises is, which of the two is the strongest and expected […]
FOREX Sell Signal – AUD/CHF
The long term price charts are pointing out an extreme bearishness on the AUD/CHF currency pair. Now the shorter term charts confirm that an impeding downside move is highly probable. Yesterday we posted a long term view on AUDCHF highlighting the bearish orientation of the pair. From a shorter term perspective signals now appearing on […]
Taking the Long Term View on AUD/CHF
For any financial market the longer time scale always prevails and it is therefore on all occasions a good idea to take a broader view to sail with the wind for increased probability of investment success. On the FOREX market AUD/CHF must be one of the weakest currency pair. The exchange rate is capped by […]
Turkish Lira ( TRY ): The Pain Ain’t Over
The Turkish Lira is in free fall and the trend does not appear to be ending any time soon with its exchange rate against the world’s major currencies accelerating as exemplified here below. Turkish Lira / Japanese Yen Monthly Exchange Rate Swiss Franc / Turkish Lira Exchange Rate US Dollar / Turkish Lira Monthly Exchange […]
