USDCHF Fib analysis

FX:USDCHF   U.S. Dollar / Swiss Franc
100 0 1

Also notice double top candlestick pattern, signals potential trend reversal to the downside. The Relative Strength Index has moved below 50, indicating the market is not oversold yet and that a downward trend is forming. The price action has retraced further than the 23.6% Fib level from the high posted on 02/11/2014. The price should retrace further to the 50% Fib level at 0.95246.

If this level is broken through, this will act as strong confirmation of a trend change and formation of a downward trend.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out