Elliott Wave Analysis of Swiss Franc USD/CHF

The last time I wrote my Elliott Wave Analysis of Swiss Franc or USD/CHF was back in 2008. Guess that was a long-enough break! If you are trading the USD/CHF, or if you are a corporation exposed to the Swiss Franc’s exchange rate movements, then this post could prove...

Counting Elliot Waves in USD/CHF

A reader has asked about a possible fifth wave extension in USD/CHF. (refer comment by Dolphin). We are currently trading at 1.2217. I see some solid supports at 1.2000 levels and tehn some more at 1.1850 levels just now. These supports could only move higher as we...