$ / CHF: towards .9 and —

Catégorie [ € / CHF ]

Long term: bearish

 On a yearly basis, Bollinger bands are expending. A PEI is in progress with our moving averages and with our stochastic. The bear trend will continue for two periods or more.

On a quarterly basis, a bearish parallel pattern is in progress.

On a monthly basis, Bollinger bands spread is a reference one. A PEI is in progress with our moving averages and with our stochastic.

Idea: lower

Bet: new Historical Low this and next years

R =MM (1.0341);     S = new low

 

Medium term: bearish?

On a weekly basis, a type III occurred. Bollinger bands spread is a reference one and is expending. A PEI is in progress with our moving averages.

Idea: bearish

Bet: new Historical Low before June.  

R = PW (.9746);    S = towards .9 or below.

 

Short term: lower

On a daily basis, Bollinger bands spread is above a reference one. TAM will move lower. Current pattern is similar to a type II.

Idea: lower without a bearish pattern

Bet: PEI for our stochastic.

R = PD (.9455);     S= .9

 

Conclusion: short with a next weekly low (Vs last week)