|Stochastic Overbought 23 hours ago
||USDCHF Stochastic (14) main line entered hourly overbought zone. Traders should NOT consider any short term long trades.
|MA Penetrated 22 Oct 2014 11:05:00
||USDCHF has closed above 200 SMA. This should empower bullish short term technical outlook.
|Down Trend 22 Oct 2014 08:28:09
||USDCHF is facing a selling pressure pushing it down as long as it remains below (0.9506) any four hours close below (0.9478) will open the way for the instrument to test the next support level. Any four hours bare close above (0.9506) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (0.9506).