Today we will analyze the currency pair Swiss Franc US Dollar (CHFUSD) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Swiss Franc US Dollar (CHFUSD)
1- Last bearish trend was from 1.16 $ (10/27/2011) to 1.05 $ (1/6/2012) a 0.12 $ move 2- The current bullish trend started from 1.05 $ at 1/6/2012 and is currently trading at 1.09 $.
3- CHFUSD current support level is at 1.07 which is the 23.60 % fibonacci retracement of the last 0.12 $ move.
4- CHFUSD current resistance level is at 1.09 which is the 38.20 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Swiss Franc US Dollar (CHFUSD) Short term stock chart patterns for internet stock trading :

6- the currency pair was resisted by a resistance line, identified by two points: 1.162 and 1.270 that was broken up at 1.063 transforming into a supporting line.
Swiss Franc US Dollar (CHFUSD) Mid term stock chart patterns for internet stock trading :

7- the currency pair formed a 0.523 $ height triangle which was broken up at 1.083, target of the pattern is 1.607 which was broken down at 1.092, target of the pattern is 0.569.
Swiss Franc US Dollar (CHFUSD) Long term stock chart patterns for internet stock trading :

8- the currency pair was supported by a support line, identified by two points: 0.859 and 0.816, and is currently supporting at 0.912.

Stock Trading Conclusion:
Swiss Franc US Dollar (CHFUSD) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 1.09, 1.10, 1.12, 1.13, 1.16, 1.19, 1.23, 1.61.
Stock Support levels : 1.08, 1.07, 1.07, 1.07, 1.06, 1.05, 0.96, 0.91, 0.89,.