{"id":20670,"date":"2011-04-15T13:11:48","date_gmt":"2011-04-15T17:11:48","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20670"},"modified":"2011-04-15T13:11:48","modified_gmt":"2011-04-15T17:11:48","slug":"usdchf-macd-divergence-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/15\/usdchf-macd-divergence-2\/","title":{"rendered":"USDCHF MACD Divergence"},"content":{"rendered":"<p>USDCHF is showing bullish divergence on the daily charts.  The US Dollar index is also approaching major support so this divergence could be a useful confluent factor for any trader looking to long the Swissie. The current area is aligned with the recent swing low 0.8918 which gave a near 400 pip bounce when hit.<\/p>\n<p>I will personally be looking for one push lower at these levels followed by a price action reversal signal before considering a long.  With EURUSD also hitting the 1.4500 level a small corrective move for the Dollar is certainly not out of the question.<\/p>\n<p>Price action early next week should give an indication of the major currencies short term direction as all of the majors are at significant levels.<\/p>\n<p>For further updates check my <a href=\"http:\/\/www.forex-fx-4x.com\">fx currency trading<\/a> blog.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USDCHF is showing bullish divergence on the daily charts. The US Dollar index is also approaching major support so this divergence could be a useful confluent factor for any trader looking to long the Swissie. The current area is aligned with the recent swing low 0.8918 which gave a near 400 pip bounce when hit.<\/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-20670","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20670","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=20670"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20670\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}