The Swiss Franc is unloved

January 19, 2025 Leave a comment

The #Swiss Franc versus the USD has traded down to its lowest point since March 2023.

That’s just a price point fact, nothing more.

The Swissie is in a downtrend and it still has strength. It’s out of favour.

‘We’ love to sell the Swissie when risk is ‘on’,

but I think the medium low is near if it doesn’t make a new ‘lower low’.

If it does, we should see a quick visit to the 1.0680 region and that would be an attractive buying point.

but also, I’m observing some divergence in the #Swissie compared to other assets.

January 19, 2025

rob@karriasset.com.au

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Currencies tell the truth

August 5, 2024 Leave a comment

Worried? Risk averse?

That’s when investors huddle in the Swiss Franc or the Japanese Yen…..inversely they dispose of their Australian Dollars.

We are approaching the 7th time (in the past 30 years) that such defensive huddling and perhaps maximum risk aversion has occurred.

The attached monthly study shows that when the CHF/AUD simultaneously registers a monthly overbought reading, trades at 2.5 standard deviations above its rolling average and at a notable percentage above its 50 month moving average…….

you don’t throw away your equities, in a wholesale manner.

In fact, consider the antithesis.

August 5, 2024

by Rob Zdravevski

rob@karriasset.com.au

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