CHF Signals

I have from time to time heard talk of "perfidious Albion", but sure Albion cannot hold a candle to the inconstant Swiss.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
GBP/CHF SFr.1.5958
USD/CHF Sfr.1.0527

The Swiss Franc forex currency pairs with the U.S. dollar and British pound are showing fresh psar signals, in the case of the dollar (USD/CHF) ending a five-day running of the psar bulls and in the case of the pound (GBP/CHF), a bull signal ending an eight-day bear spree.

The three-month chart for each shows a fair degree of whippiness, so this should come as no surprise.

The USD/CHF signal came with a sharp decline covering 1.5% high to low. The day's trading range for the GBP/CHF pair was 1.2%.

GBP/CHF You are here:

• Reversal
• SFr. 1.7111, +7.2%
• SFr. 1.6734, +4.9%
• SFr. 1.6220, +1.6%
• Now SFr. 1.5958
• Reversal
• SFr. 1.5792, -1%

GBP/CHF You are here: 

• Reversal
• SFr. 1.0897, +3.5%
• SFr. 1.0808, +2.7%
• SFr. 1.0750, +2.1%
• Now SFr. 1.0527
• Reversal
• SFr. 1.0367, -1.5%
• SFr. 1.0130, -3.8%

 This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic   

About the glance:  The colors indicate the state of each signal.

• trend: green for up, red for down, yellow for sideways
• adx: green for above 30-up, red for 20-down, yellow for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.