Comments on: EUR/CHF: Hedge funds looking to increase long bets en-route to 1.35 https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/ The Professional Source Wed, 05 Jun 2013 08:12:53 +0000 hourly 1 By: Papillon https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21776 Wed, 05 Jun 2013 08:12:53 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21776 Ok, thanks. I’m going to wait quietly. I am pretty inaccurate to pick the right levels 😉

]]> By: Sean Lee https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21775 Wed, 05 Jun 2013 07:54:29 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21775 As you know Papillon I am overall bearish on CHF at moment but I’m wondering whether the mkt isn’t already overly short CHF also? If doesn’t seem to want to fall; both USD/CHF and EUR/CHF don’t seem to bounce very much? And Yen crosses are a bit of a worry as well?
If the stop is tight, then I would certainly give it a go but pick entry lvls carefully

]]> By: Papillon https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21773 Wed, 05 Jun 2013 07:47:37 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21773 Good evening Sean,

Everydays you surprise me with the host of initiatives you have and you give us plenty to think about 😉

EUR/CHF seems strong near 1.2400. What do you think to buy near this level with a S/L under 1.2360 or 1.2290 (we have trendline) ?

http://img41.imageshack.us/img41/4835/eurchf.jpg

]]> By: Sean Lee https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21288 Wed, 29 May 2013 10:48:27 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21288 Short-term technicals look quite bullish to my biased eye Cozmin but as always with EUR/CHF its best to be v v patient. I think a base might form 12470/12500 for nexty push higher. If we have daily close below 12450 then I will be worried about a deeper retracement. That’s how I see it at the moment

]]> By: cozmin https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21287 Wed, 29 May 2013 09:46:43 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21287 Hi Sean, do u think we have the above mentioned base in eurchf? Thank u

]]> By: Sean Lee https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21278 Wed, 29 May 2013 08:23:40 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21278 Like every trade its a bit risky, but if you start with a small position here near 12500 and see what happens. If a base starts to form on s/t charts then you can always add to the position. I certainly wouldn’t take a large position at this random point in time, but I do strongly believe that we will see 135 in the cross fairly soon

]]> By: kasteybah https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21277 Wed, 29 May 2013 08:16:15 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21277 And what is your opinion? Is it worth entering the EUR / CHF at current levels for those already in the USD / CHF?

]]> By: Sean Lee https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21272 Wed, 29 May 2013 07:21:19 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21272 That seems to be their view, that EUR/USD will tend higher rather than lower, so I guess this would mean that recent USD strength becomes diluted. But USD/CHF would also move back above 1.00 in a true EUR/CHF cross move. If I’m not mistaken, the last time EUR/CHF was trading near 135 was around 3 years ago, and EUR/USD was trading near 130 and USD/CHF near 104. Shows once again that the FX mkt is one biog range trade

]]> By: Lio https://fxww.com/eurchf-hedge-funds-looking-to-increase-long-bets-en-route-to-1-35/#comment-21271 Wed, 29 May 2013 06:58:22 +0000 http://381c099c8f.nxcli.net/?p=8048#comment-21271 So they prefer EURCHF then USDCHF, could mean EUR have plenty of room to the uspside while Dollar strength is almost over ?

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