{"id":14785,"date":"2010-11-02T09:30:40","date_gmt":"2010-11-02T13:30:40","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14785"},"modified":"2010-11-02T09:30:40","modified_gmt":"2010-11-02T13:30:40","slug":"chf-may-see-a-much-needed-recovery-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/02\/chf-may-see-a-much-needed-recovery-today\/","title":{"rendered":"CHF May See a Much Needed Recovery Today"},"content":{"rendered":"<p><strong>By Natalie R.<\/strong> &#8211; Following a long bearish streak versus the CAD over the past few  days, the CHF seems to be headed for a bullish correction. Forex traders  are advised to take advantage of this knowledge by going short on  CAD\/CHF now.<\/p>\n<p>Below is a daily chart of CAD\/CHF. The technical indicators are the RSI, Slow Stochastic and Williams Percent Range.<\/p>\n<p>&#8211;\u00a0A breach of the upper Bollinger Band is evident on the chart (1),  indicating an imminent downward correction may be expected. Further  more, a doji candelstick is seen indicating a reversal in trend amay be  expected.<\/p>\n<p>&#8211;\u00a0A bearish cross is evident on the Slow Stochastic (2), signaling the next move may be a downward correction.<\/p>\n<p>&#8211;\u00a0The RSI (3) signals that the price of this pair currently floats in the over-bought territory, suggesting downward pressure.<\/p>\n<p>&#8211;\u00a0Williams Percent Range (4) further supportds the downward direction.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/11\/cadchf.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/11\/cadchf.JPG\" alt=\"\" width=\"590\" height=\"493\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                may     not    be                   suitable         for         all                            investors.                  There          is    a                                                    possibility                  that                           you               could                      sustain  a        loss              of     all            of            your                                              investment      and                                      therefore     you                              should         not                      invest                       money         that           you                              cannot                    afford  to                          lose.     You                              should          be               aware           of                    all             the           risks                                     associated              with                  Foreign                          Exchange                             trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Natalie R. &#8211; Following a long bearish streak versus the CAD over the past few days, the CHF seems to be headed for a bullish correction. Forex traders are advised to take advantage of this knowledge by going short on CAD\/CHF now. Below is a daily chart of CAD\/CHF. The technical indicators are the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/11\/02\/chf-may-see-a-much-needed-recovery-today\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CHF May See a Much Needed Recovery Today&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14785","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=14785"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}