Everyone closed their longs? Great! Tomorrow or next week intervention time
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Using usd/chf - eur/usd correlation to see moves in EUR/USD 46 replies
DislikedFor me the message is very clear, if you want bulls on your side, sometimes you have to feed them.otherwise you can swell 7bln dailyIgnored
DislikedEveryone closed their longs? Great! Tomorrow or next week intervention timeIgnored
Dislikedeur/chf 1.2013
usd/chf 0.9580
then ....
eur:usd must be eur/chf : usd/chf 1.2013 : 0.9580 is 1.2539Ignored
DislikedAnd that happened just when brokers were beginning to lower the swap for long positions.
FxPro has set the swap... to 0.000000000 pip.
The reply I got from customer support is ridiculous.
A few people were discussing about brokers offering a positive swap on that pair earlier. Is there any good broker doing so ? (swap is NOT the main reason I'm on that trade, but at least it rewards patience).Ignored
Dislikedimo it was SNB. a rumour can not be of that size. they just won't acknowledge, since it is part of their tactics. so it's gonna be like this: they will push the market with interventions and rumours to bring it up to ~1.22, so many will close longs, and then move the peg to 1.30.Ignored