EUR/CHF Tame and Ranging

Written October 26, 2009 at 9:22 PM EST by  

Since the Swiss National Bank’s intervention in March and then again in June of this year the EUR/CHF price action has stabilized. In the beginning of August the pair has entered a trading range between the 50 day and 200 day moving averages and has not had a full trading day outside the aforementioned range. Early during today’s trading session the pair is sitting right below the 50 day mavg.

eurchf

The volatility of the pair is seen on the weekly chart below, ahead of the interventions.

eurchf1

No Responses to “EUR/CHF Tame and Ranging”

Add a comment