FOREX ALERTS >>
DailyFX Plus Login

chf cot

Article

COT 05/12
Monday, 12 May 2008 14:44:19 GMT  |  Jamie Saettele, Technical Currency Analyst
Delicious
Facebook

Implications: Bottoming

05-12-08cot5

CHF: The readings are at 33 and 0 for the 52 and 13 week indexes.  The 13 week index has moved to 0 for the first time since December (when the USDCHF topped at 1.1594).  Exrtemes usually last at least 2 weeks so a turn towards CHF strength is more likely next week than this week.  Still, risk has shifted to the upside (towards CHF strength).

More Articles

Feedback Form