{"id":7540,"date":"2010-03-12T09:15:14","date_gmt":"2010-03-12T14:15:14","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7540"},"modified":"2010-03-12T09:15:14","modified_gmt":"2010-03-12T14:15:14","slug":"usdchf-is-testing-the-1-0640-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/12\/usdchf-is-testing-the-1-0640-level\/","title":{"rendered":"USD\/CHF Is Testing the 1.0640 Level"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; The USD\/CHF pair is testing its first support level for today \u2013 at the 1.0640 price. As several technical indicators suggest that the pair is likely to drop today, trader should pay attention to the three significant support levels that might be expected today.<\/p>\n<p>\u2022 The chart below is the 4-hours USD\/CHF chart by ForexYard.<br \/>\n\u2022 The technical indicators used are the Bollinger Bands, the Slow Stochastic, the MACD\/OsMA and the Relative Strength Index (RSI).<br \/>\n\u2022 The Slow Stochastic is located under the 20 line at the moment \u2013 indicating that the bearish momentum has more steam in it.<br \/>\n\u2022 The MACD continues with the bearish channel, further strengthening the notion that a drop is likely to be expected.<br \/>\n\u2022 The RSI has failed to reach above the \u2018over-sold\u2019 zone, which means that a bullish correction is not likely to take place soon.<br \/>\n\u2022 The USD\/CHF pair is currently testing the 1.0640 level. If it will manage to breach this level, it has potential to reach to the 1.0600 level \u2013 and then to the 1.0500.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/USDCHF.bmp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/USDCHF.bmp\" alt=\"\" width=\"595\" height=\"515\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex Yard.<\/strong><\/a><\/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 Yan Petters &#8211; The USD\/CHF pair is testing its first support level for today \u2013 at the 1.0640 price. As several technical indicators suggest that the pair is likely to drop today, trader should pay attention to the three significant support levels that might be expected today. \u2022 The chart below is the 4-hours &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/03\/12\/usdchf-is-testing-the-1-0640-level\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USD\/CHF Is Testing the 1.0640 Level&#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-7540","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7540","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=7540"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7540\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}