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http://charts.mql5.com/1/503/cadchf-...orex-group.png
hi
we can see in the 4h chart
the pair trading down the 38.2
I see the pair will go to down way to 0.9218
rsi refers that the pair will go down
so our target sell from 0.9301 and our target will 80pips
Good luck
http://charts.mql5.com/1/504/cadchf-...orex-group.png
hi
how are you
we can see in the 1h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 0.9416
so our target sell from 0.9316 and our target will 100pips
i like to sell this pair right now @ 0.9317
my stop loss for today @ 0.9337
my take profit for today @ 0.9287
http://charts.mql5.com/1/506/cadchf-...orex-group.png
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 0.9468
rsi refers that the pair will go up
so our target buy from 0.9318 and our target will 140pips
:good:
http://charts.mql5.com/1/506/cadchf-...ex-group-2.png
we can see in the 1w chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 0.9170
so our target sell from 0.9320 and our target will 150pips
:good::respect::woo:
cad/chf technical analysis by using : adx
adx : 15.4427
+di : 15.8496
-di : 12.5365
timeframe : 1 hour
time : 0900
date : 09.05.2013
Pivot levls today:
R3: 0.9416
R2: 0.9389
R1: 0.9355
PP: 0.9328
S1: 0.9293
S2: 0.9267
S3: 0.9232
Comment: Price now is above the daily and weekly pivot levels, also it is above the 55 SMA, so more rising is expected.
Forecast: Price may rise to 0.9415.
price close above support of 0.8500 and i think we will se correction to level 0.870 but if price break the low of 0.8400 we will see further landing on this pair
while two indicators from Accumulated Oscilator (AO), and Gator Oscilators are in negative value as downtrend indication movement but Relative Vigor Index (RVI) is still indicating uptrend so pair is still in step by step bearish mode from 0.9319 then both RSI and stochastic indicator are near buy border level in each indicators level but are moving flat as sideway near low level as consolidating
hi,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 0.9292
I expect from this analyze that the price will go to down way
so sell from 0.9317 to 0.9292
good luck