{"id":310,"date":"2011-08-18T00:10:37","date_gmt":"2011-08-18T04:10:37","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=310"},"modified":"2011-08-18T00:10:37","modified_gmt":"2011-08-18T04:10:37","slug":"swiss-franc-finds-support","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/","title":{"rendered":"Swiss Franc finds support"},"content":{"rendered":"<p>The Swiss Franc fell sharply before finding support at $1.25 as fears of SNB intervention subsided. Expect some consolidation, but recovery above $1.30 would indicate another test of $1.40.\u00a0 Failure of support is unlikely, and would offer a target of $1.10*.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png?w=525&#038;ssl=1\" alt=\"Swiss Franc - US Dollar\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 1.25 &#8211; ( 1.40 &#8211; 1.25 ) = 1.10<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss Franc fell sharply before finding support at $1.25 as fears of SNB intervention subsided. Expect some consolidation, but recovery above $1.30 would indicate another test of $1.40.\u00a0 Failure of support is unlikely, and would offer a target of $1.10*. * Target calculation: 1.25 &#8211; ( 1.40 &#8211; 1.25 ) = 1.10<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-310","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Swiss Franc finds support - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swiss Franc finds support - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The Swiss Franc fell sharply before finding support at $1.25 as fears of SNB intervention subsided. Expect some consolidation, but recovery above $1.30 would indicate another test of $1.40.\u00a0 Failure of support is unlikely, and would offer a target of $1.10*. * Target calculation: 1.25 &#8211; ( 1.40 &#8211; 1.25 ) = 1.10\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-18T04:10:37+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Swiss Franc finds support\",\"datePublished\":\"2011-08-18T04:10:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\"},\"wordCount\":45,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png\",\"articleSection\":[\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\",\"name\":\"Swiss Franc finds support - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png\",\"datePublished\":\"2011-08-18T04:10:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-08-18-chf.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/18\/swiss-franc-finds-support\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Swiss Franc finds support\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Twiggs Momentum oscillating in a tight band around zero reflects no real trend and this is likely to continue unless the Fed introduces a new round of quantitative easing. * Target\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":187,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/08\/11\/swiss-franc-goes-exponential\/","url_meta":{"origin":310,"position":1},"title":"Swiss Franc goes exponential","author":"ColinTwiggs","date":"August 11, 2011","format":false,"excerpt":"The Swiss Franc encountered resistance at $1.40 but weak retracement indicates an accelerating (exponential) up-trend. Breakout above $1.40 would test $1.50*. * Target calculation: 1.40 + ( 1.40 - 1.30 ) = 1.50","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":931,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/22\/euro-troubles-pound-swiss-franc\/","url_meta":{"origin":310,"position":2},"title":"Euro troubles Pound Swiss Franc","author":"ColinTwiggs","date":"September 22, 2011","format":false,"excerpt":"Concerns about its European trading partner dragged the Pound lower against the greenback. Target for the initial primary decline is $1.53*. * Target calculation: 1.59 - ( 1.65 - 1.59 ) = 1.53 The Swiss Franc is now headed for a test of parity against the greenback, dragged lower by\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":709,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/08\/swiss-franc-weakens-on-snb-action\/","url_meta":{"origin":310,"position":3},"title":"Swiss Franc weakens on SNB action","author":"ColinTwiggs","date":"September 8, 2011","format":false,"excerpt":"The Swiss National Bank (SNB) threw a similar lifeline to Swiss exporters and tourist industry, pledging to support their currency at 1.20 Swiss Francs against the euro with \"utmost determination\" and to \"buy foreign currency in unlimited quantities\" to achieve this. [Bloomberg] The euro jumped from 1.10 to 1.20 CHF\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10264,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/09\/aussie-dollar-should-rba-lean-against-the-wind\/","url_meta":{"origin":310,"position":4},"title":"Aussie Dollar: Should RBA &#8216;lean against the wind&#8217;?","author":"ColinTwiggs","date":"July 9, 2014","format":false,"excerpt":"The Euro rallied to resistance at $1.37 after testing primary support at $1.35 and the rising long-term trendline. Recovery above $1.37 would suggest a rally to $1.39\/$1.40, but descending 13-week Twiggs Momentum remains below zero, warning of weakness. Breach of $1.35 is equally likely and would signal a decline to\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5530,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/19\/forex-update-2\/","url_meta":{"origin":310,"position":5},"title":"Forex Update","author":"Colin Twiggs","date":"September 19, 2012","format":false,"excerpt":"The Euro is testing resistance at $1.32 and its descending trendline. Upward breakout would warn the primary down-trend is ending. Recovery of 63-day Twiggs Momentum above zero indicates a primary up-trend. Breakout above the 2012 high of $1.35* would strengthen the signal, but only a higher trough of several weeks\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=310"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/310\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}