Eur / CHF: Outlook for 2009

Catégorie [ € / CHF ]

Long term: below LY (1.4054)?

On a yearly basis, stochastic could be overbought next year and a bearish non-crossover could be the status for our 7 / 23 years moving averages.

On a quarterly basis, Bollinger bands spread is minimal + increase. Next year, the status for our 7 / 23 quarters moving averages will be a bearish A type crossover. Stochastic and MACD are overbought (bearish non-crossover could be a status for our MACD). LY (1.4055) is our first support.

On a monthly basis, Bollinger bands spread is maximal but expending. PM acted as a resistance (bearish non-crossover) and crossed MM. A bearish non-crossover is the status for our MACD and for our 7 / 23 months moving averages. LY (1.4054) is our first support. Our main trend is a bearish parallel pattern

Idea: bearish yearly T1 in 2010 could develop if UY is up.