ForexGen USD/CHF

This last trade is the USD/CHF.

The first chart is a 30 – minute chart.
There are some interesting things about this trade.

I have also included the channel lines as these can really help put thing in perspective.
If you look at the chart you will see that %R at 22h00 was reading
2.19, RSI at 22h30 was 77.01 and MACD was 0.00242.
This all happened in the vicinity of point A on the chart.
As you can see MACD and RSI started to turn down as expected but then the market continued up to make a slightly higher high at point B. This is called bearish divergence.

This happens when an indicator turns down but the market makes a new high.
The opposite is true for bullish divergence.

Meta Trader4 with ForexGen

The Forex charts are the point of interest at ForexGen. Charts are a significant technical analysis tool for a trader that wants to perform successful trading. Currency charts represent a single period of time and that period could range from one minute to one month to several years.
To open a new Forex chart:

• Right-click the Market Watch window, then select the Chart Window options• press the Ctrl + W key combination• through the menu options File > New Chart• Or clicking on "New Chart button" on the toolbar. Charts has the ability to be customized. Charting Forex package can be manipulated to appear in many different ways.

ForexGen offers the most qualified Forex online trading platform which facilitates the online currency exchange services for different worldwide traders, companies and dealing centers.