Swiss Franc Futures Volatility Forecast (31/10/2010)

The Swiss Franc experienced a sharp decrease of volatility over the past few weeks and HyperVolatility, more than once, suggested to get out of the long positions since a retracement was about to happen and SO IT WAS !!!

The chart is clearly showing an increase in volatility that accompanied a drop of the price which is currently trading around 101.65. However, this is a crucial point since the 0.8% TGARCH volatility is the maximum reading experienced by this market over the last 5 months and the most reasonable question now is : what’s next?

The staff of HyperVolatility believes that the corrective movement is not over yet and that it would not be surprising to see  the price falling to 100 before bouncing back. We expect the volatility to increase and overcome the 1% threshold even if the macro data which will be released this week can prove decisive.

One Response to Swiss Franc Futures Volatility Forecast (31/10/2010)

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