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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Wednesday, June 30, 2010

CHF--- THE SUPER STAR OF FOREX ??

You should have gained a good 180 pips since this week's market's opening from 1.0930 till now at 1.0755 on USD/CHF, please read this posting from the link:--
http://millionaireclub88.blogspot.com/2010/06/usdchf-will-it-dip-below-09900-if-no.html

The continuation on its strengthening process against both Euro and Dollar is expected.. Swiss Fundamentals are superior,.It continues driving the Safe Haven Demand., The Dollars has retraced about 50% (around 1.0820 )of its gains  since Last   Nov Low.

It has drifted below 1.0800 last night, and so the next immediate TARGET shall be 1.0600.

Swiss Government has done a good job to have no deficit in her Fiscal Balance,and even downgrade her deflation rating recently,  and  please do note that Investors will reward any country trying to live very much below their means.




Please refer to the updated H4 Chart below:


Please note my Mirror Site as :- https://millionaireclub88.wordpress.com/


Happy Trading

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