Today we will analyze the currency pair British Pound Swiss Franc (GBPCHF) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in British Pound Swiss Franc (GBPCHF)
1- Last bullish trend was from 1.42 $ (2/23/2012) to 1.54 $ (7/24/2012) a 0.12 $ move 2- The current bearish trend started from 1.54 $ at 7/24/2012 and is currently trading at 1.42 $.
3- GBPCHF current support level is at 1.42 which is the 100.00 % fibonacci retracement of the last 0.12 $ move.
4- GBPCHF current resistance level is at 1.47 which is the 61.80 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
British Pound Swiss Franc (GBPCHF) Short term stock chart patterns for internet stock trading :

6- the currency pair traded in a bullish stock channel identifed by support at 1.419 and 1.384,resistance between 1.543 and 1.476 which was broken down at 1.490.
British Pound Swiss Franc (GBPCHF) Mid term stock chart patterns for internet stock trading :

7- the currency pair was resisted by a resistance line, identified by two points: 1.543 and 1.559, and is currently resisting at 1.535.
British Pound Swiss Franc (GBPCHF) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
British Pound Swiss Franc (GBPCHF) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1.45, 1.47, 1.47, 1.48, 1.48, 1.50, 1.50, 1.51, 1.53, 1.54, 1.54,.
Stock Support levels : 1.42, 1.38,.