{"id":16488,"date":"2010-12-08T08:04:18","date_gmt":"2010-12-08T13:04:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=16488"},"modified":"2010-12-08T08:04:18","modified_gmt":"2010-12-08T13:04:18","slug":"usdchf-provides-bearish-signals","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/12\/08\/usdchf-provides-bearish-signals\/","title":{"rendered":"USD\/CHF Provides Bearish Signals"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; The volatile of the <a href=\"http:\/\/www.forexyard.com\/en\/trading\/usd-chf\">USD\/CHF <\/a>pair continues to be affected by the volatile forex market. The last week has seen a lot of bullish strength in the <a href=\"http:\/\/www.forexyard.com\/en\/trading\/usd-chf\">USD\/CHF <\/a>pair.  However, as I demonstrated below, it seems that the pair\u2019s bullish run  may have run out of steam, and a bearish correction could be underway  soon. Forex traders have the opportunity to wait for the downward breach  on the hourlies and go short in order to ride out the impending wave.<\/p>\n<p>\u2022\tBelow is the 4 hour chart of the USD\/CHF currency pair.<\/p>\n<p>\u2022\tThe technical indicators used are the <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Slow Stochastic<\/a>, Williams Percent Ranges, and <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI).<\/a><\/p>\n<p>\u2022\tPoint 1: <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">The Slow Stochastic <\/a>indicates an impending bearish cross, signaling that the next move may be in a downward direction.<\/p>\n<p>\u2022\tPoint 2: <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">The Relative Strength Index (RSI)<\/a> signals that the price of this pair currently floats in the over-bought territory, indicating downward pressure.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range has peaked near at the 0  marker, which means that there may actually be a strong level of  downward pressure.<\/p>\n<p>USD\/CHF 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/12\/USD-CHF-8-12-2010.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/12\/USD-CHF-8-12-2010.JPG\" alt=\"\" width=\"538\" height=\"649\" \/><\/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 Anton Eljwizat &#8211; The volatile of the USD\/CHF pair continues to be affected by the volatile forex market. The last week has seen a lot of bullish strength in the USD\/CHF pair. However, as I demonstrated below, it seems that the pair\u2019s bullish run may have run out of steam, and a bearish correction &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/12\/08\/usdchf-provides-bearish-signals\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USD\/CHF Provides Bearish Signals&#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-16488","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16488","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=16488"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16488\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=16488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=16488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=16488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}