{"id":17668,"date":"2011-01-06T08:08:39","date_gmt":"2011-01-06T13:08:39","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17668"},"modified":"2011-01-06T08:08:39","modified_gmt":"2011-01-06T13:08:39","slug":"chfjpy-may-turn-bullish","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/06\/chfjpy-may-turn-bullish\/","title":{"rendered":"CHF\/JPY May Turn Bullish"},"content":{"rendered":"<p><strong>By Dan Eduard<\/strong><\/p>\n<p>After spending the better part of the last two days stuck in a  downward spiral, technical indicators are now showing that the Swiss  franc is poised to turn bullish against its Japanese counterpart.<\/p>\n<p>As we can see in the chart below, the  Williams Percent Range and Relative Strength Index are already in  oversold territory, indicating a bullish correction is imminent.  The  Stochastic Slow has yet to form a bullish cross, but appears to be  heading in that direction.  When it does, traders can expect the  correction to take the pair toward 86.75 level.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/CHFJPY-6.1.bmp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/CHFJPY-6.1.bmp\" alt=\"\" width=\"505\" height=\"490\" \/><\/a><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/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>After spending the better part of the last two days stuck in a downward spiral, technical indicators are now showing that the Swiss franc is poised to turn bullish against its Japanese counterpart.<\/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-17668","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17668","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=17668"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17668\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}