EUR/USD+USD/CHF Daily Video, January 25, 2011

[Sive Morten]

Good morning,

today we will take a look at both currencies. As EUR as CHF has reached some important levels that could become a turning points, at least for some time.
Also we wil take a deeper look at swiss franc - when we can say , that up move possibly will not happen:




portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[rasto007]

Fundamental view on USD/CHF

Sive,

what is your fundamental view on USD/CHF. We are hitting historic lows with this pair. Are there fundamental reasons for CHF to stay this strong for some time?

Rasto

 

[Sive Morten]

Sive,

what is your fundamental view on USD/CHF. We are hitting historic lows with this pair. Are there fundamental reasons for CHF to stay this strong for some time?

Rasto

Hi Rasto,
I think, that if market will take the lows of our weekly bullish pattern, it can easily reach 0.89-0.90 area.