EURCHF: One of The Clearest Manipulations We’ve Seen

[johnblockbuster]

EURCHF -One of The Clearest Manipulations We’ve Seen

This is one of the clearest manipulations we’ve seen… EUCHF is printing a new historical low at 0.9181 for now without any logical reason behind it.

Price has never been in this area in his entire life.

There’s no major market news event to justify such a move.The whole week was empty, and CHF continues to be even stronger.. So why is the SNB creating all this chaos?

The most likely scenario is that the SNB may be preparing to move back into negative rates, and they’re intentionally pushing CHF to become stronger, to avoid a future sell-off and to remind the market that they’re still in control.

However, CHF is strong across all pairs and continues to reach historic lows in many of them.

How long will this manipulation last?
Remember that in June, the SNB was also added to the US blacklist as one of the Forex market manipulators.

[Abdul Khan]

Price action looks engineered — liquidity grabs everywhere. ️

[Nahid Hossen]

Classic manipulation footprint: forced wicks, liquidity sweeps, zero continuation.