{"id":9709,"date":"2010-05-26T08:22:11","date_gmt":"2010-05-26T12:22:11","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9709"},"modified":"2010-05-26T08:22:11","modified_gmt":"2010-05-26T12:22:11","slug":"usdchf-expected-to-go-bearish","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/26\/usdchf-expected-to-go-bearish\/","title":{"rendered":"USD\/CHF Expected to go Bearish"},"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 three weeks 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 daily chart of the USD\/CHF  currency pair.<\/p>\n<p>\u2022\tThe technical indicators that are used are the Relative Strength  Index (RSI), Slow Stochastic and MACD.<\/p>\n<p>\u2022\tPoint 1: There is a \u201cdoji\u201d candlestick that has formed on the  chart, indicating that a reversal should take place.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic indicates a bearish cross, signaling  that the next move may be in a downward direction.<\/p>\n<p>\u2022\tPoint 3: The Relative Strength Index (RSI) indicates that the price  of this cross currently floats in the overbought territory, signaling  downward pressure.<\/p>\n<p>\u2022\tPoint 4: The MACD indicates an impending bearish cross, which may  signal a downward movement is going to occur in the near future.<\/p>\n<p><strong>USD\/CHF Daily Chart<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/USD-CHF-26-5.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/05\/USD-CHF-26-5.JPG\" alt=\"\" width=\"479\" height=\"588\" \/><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>Forex Market        Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                           Yard.<\/a><\/strong><\/span><\/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 three weeks 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/26\/usdchf-expected-to-go-bearish\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;USD\/CHF Expected to go Bearish&#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-9709","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9709","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=9709"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9709\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}