PREVISIONE FRANCO SVIZZERO: come evolverà il cambio EUR/CHF fino a fine 2024

Summary

In this monthly Currency Watch session, Luca from cambiavalute.ch analyzes the CHF to EUR exchange rate, highlighting recent trends and the economic context influencing them. He discusses a bearish trend observed since September, the impact of European economic uncertainty, and the Swiss Franc's potential as a safe haven. Using technical analysis, he presents a wedge pattern indicating a possible price breakout, with predictions suggesting a rise in the CHF value against the Euro by mid-December. Luca advises caution, emphasizing the importance of personal financial needs over speculative trading.

Takeaways

• 💼 Currency Watch aims to analyze whether it's a good time to exchange Swiss Francs for Euros.
• 📈 The analysis uses data from forecaster Beats to track the CHF to Euro exchange rate trends.
• 📊 Current promotions on cambiavalute.ch include rewards for referring new clients.
• 📅 The previous session indicated a potential downward trend for the CHF against the Euro, lasting until early November.
• 🔍 A wedge pattern has formed in the price movement, indicating market uncertainty but also potential trading opportunities.
• 🔄 Historical data shows that trends often repeat, suggesting a possible rebound for the CHF around late October to early November.
• 📉 The Swiss economy is performing better than the European economy, which may influence investor behavior favorably towards the CHF.
• 📊 Current European economic growth is slow, creating uncertainty that typically drives investors to safe havens like the Swiss Franc.
• 📅 Expectations are set for potential increases in the CHF value against the Euro in the second half of December.
• 📈 Predictions suggest the CHF to Euro exchange rate could reach around 1.10 by mid-December, based on current trends.

Q & A

What is the primary purpose of the Currency Watch monthly appointment?

The primary purpose of the Currency Watch monthly appointment is to analyze whether it is the right time to exchange Swiss Francs for Euros.

What software does the presenter use to analyze currency exchange rates?

The presenter uses Forecaster Beats to gather information regarding the exchange rate between the Swiss Franc and Euro.

What promotions are currently available on cambiavalute.ch?

Current promotions include earning 500 Francs for referring a business and €25 for referring a friend if you are already a customer. New customers can earn €25 on their first exchange.

What trend did the presenter observe in the Swiss Franc against the Euro during the previous month?

The presenter noted a tendency for the Swiss Franc to show weakness against the Euro, suggesting a downward trend for the month of October and possibly extending into November.

How did the historical data influence the presenter's expectations for the Swiss Franc's performance?

Historical data indicated that the Swiss Franc typically exhibits a lateral and bearish movement in the given period, influencing the presenter's expectation for a similar trend.

What is the significance of the technical analysis pattern referred to as a 'wedge'?

The wedge pattern indicates market uncertainty and suggests that a significant price movement is likely to occur once the price breaks out of this formation.

When does the presenter predict a potential reversal in the trend for the Swiss Franc?

The presenter predicts a potential reversal in the trend for the Swiss Franc around the end of October and the beginning of November, shifting from a bearish to a bullish outlook.

What economic factors could influence the exchange rate between the Swiss Franc and Euro?

The economic performance of both Switzerland and the European Union, including GDP growth rates, and overall economic stability are crucial factors that could influence the exchange rate.

What potential price target does the presenter suggest for the Euro to Swiss Franc exchange rate by mid-December?

The presenter suggests a potential price target of 1.10 for the Euro to Swiss Franc exchange rate by mid-December, contingent on market conditions.

What advice does the presenter give regarding currency exchange decisions?

The presenter advises that while predictions can provide insights, individuals should prioritize their immediate financial needs when deciding to exchange currency.