Cad/chf pivot levels by using fibonacci pivot indicator.
r3: 0.9311
r2: 0.9289
r1: 0.9276
pivot : 0.9255
s1: 0.9233
s2: 0.9220
s3: 0.9199
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Cad/chf pivot levels by using fibonacci pivot indicator.
r3: 0.9311
r2: 0.9289
r1: 0.9276
pivot : 0.9255
s1: 0.9233
s2: 0.9220
s3: 0.9199
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit:0.9197
SL:0.9278
time frame- M30
the price is not able to break the supporting trend line and pivot point. it is moving up with tocuhing the pivot point at the 0.9250. we can long this pair if this is break the upper resistance at the 0.9270 with the targett 0.9300
good luck
If a M15 close above 0.8900 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8700 sell only and do not buy. If price closes back above it again do nothing
The range 0.8700 and 0.8900 is neutral area, any trade done in between is personal decision and not part of this analysis..GOod luck
http://charts.mql5.com/1/446/cadchf-...orex-group.png
hi
how are you
we can see in the 1w chart
the pair can close up the up trend line
i see the pair will go to up way to 0.9377
stochastic refers that the pair will go up
so our target buy from 0.9227 and our target will 150pips
Good luck
:respect::peace::accute::))):yahoo:
Cad/chf pivot levels by using fibonacci pivot indicator.
r3: 0.9312
r2: 0.9281
r1: 0.9263
pivot : 0.9233
s1: 0.9202
s2: 0.9184
s3: 0.9154
Wednesday 1 May 2013. Analysis using support resistance (daily)
Low: 0.9196
height: 0.9271
close: 0.9223
S3: 0.9114
S2: 0.9155
S1: 0.9189
Pivot: 0.9230
R1: 0.9264
R2: 0.9305
R3: 0.9339
today's opening price: 0.9224
Signal: down
Pivot levels today:
R3: 0.9335
R2: 0.9302
R1: 0.9259
PP: 0.9227
S1: 0.9184
S2: 0.9150
S3: 0.9108
Comment: Price now is below the daily pivot level, also it is below the 55 SMA, so more fall is expected.
Forecast: price may fall to 0.9163.
in the chart 1h we can see the pair will go to down way in the
future
I see we can sell and our target will be 29 pips
I expect from this analyze that the price will go to down way
so sell from 0.9220 to 0.9190
good luck
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit: 0.9153
SL:0.9260
Spoiler: