{"id":9135,"date":"2010-05-05T08:25:52","date_gmt":"2010-05-05T12:25:52","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9135"},"modified":"2010-05-05T08:25:52","modified_gmt":"2010-05-05T12:25:52","slug":"has-usdchf-reached-its-peak","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/05\/has-usdchf-reached-its-peak\/","title":{"rendered":"Has USD\/CHF Reached Its Peak"},"content":{"rendered":"<p><strong>By Anton Eljwizat <\/strong>&#8211; The volatile of the USD\/CHF pair continues to be affected by the  volatile forex market. The last month 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 could be underway soon. This might be a good opportunity for  forex traders to enter the trend at a very early stage and at a great  entry price.<\/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 Slow Stochastic, Williams,  Bollinger Bands, and Relative Strength Index (RSI).<\/p>\n<p>\u2022\tPoint 1:  The price ticks are currently trading right on the upper  Bollinger Band. Traders can take this as a clear indication that the  pair is approaching overbought territory, meaning a downward correction  is probable.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) shows the price highly  over-bought and beginning to turn downward.<\/p>\n<p>\u2022\tPoint 3: The Slow Stochastic indicates a bearish cross, signaling  that the next move may be in a downward direction.<\/p>\n<p>USD\/CHF 4-Hour Chart<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/USD-CHF-5-5-2010.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/USD-CHF-5-5-2010.JPG\" alt=\"\" width=\"473\" height=\"614\" \/><\/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 Anton Eljwizat &#8211; The volatile of the USD\/CHF pair continues to be affected by the volatile forex market. The last month 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\/05\/05\/has-usdchf-reached-its-peak\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Has USD\/CHF Reached Its Peak&#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-9135","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9135","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=9135"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}