Euro Versus Franc and Pound January 30th

FX Strategy Video > Currency Pairs Analysis

EUR/CHF continues to fall over the course of several sessions, but it is just above the SNB's "floor" in the pair at the 1.20 level. The pair is going to be a target for intervention at this rate, and as a result - it could be a good place to sit in to the long side as you could have the ultimate stop loss...

The EUR/GBP shot straight up and slammed into the 0.84 level. The area is massive resistance, and this next 100 pips could be a chore for it to get through. With this in mind, we will be looking for sell signals in the area.

Published on 27th of January 2012
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