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Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others. Big movement of every pair also because of news .News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
Good luck for your trading.................
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Analysis of the pair CADCHF
TODAY'S trend is showing a STRONG BUY moment for the pair.
Support levels for the pair is:
Resistance1: 0.7514
Resistance2: 0.7530
Resistance3: 0.7547
Resistance levels for the pair is:
Support1: 0.7447
Support2: 0.7464
Support3: 0.7481
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price says to Buy the currency
This currency name - Cad-Chf
Resistance and Target should be targeted
Support and Stop Loss is mandatory
Always follow Long time frame market trend.
Signal is Buy.
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Forex Forecast with price level
Cad-Chf - pair in focus.
Current Price - Expected to be in Sell
main support level too low
main resistance level is near
Pair likely to be in Sell today.
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Winning signals - Profit signals.
Today Target Pair - Cad-Chf
Today main profit zone .
Main technical indicators prediction is probably buy in favour
Today main support zone.
Support levels if tested more chances to get in trade
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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Cadchf
canadian dollar/swiss franc
0.75049
*
chf
*
+0.00069*(+0.09%)
market open*(sep 18 10:03 utc-4)
0.74980
prev
0.74980
open
82.839k
volume
0.74915*—*0.75169
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we can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up trend
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Daily market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain goof and huge profit I thing keep in mind use money manage and always use stop loss and take profit.
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Today market trend: Sell
Today's price and current price is pointing clearly towards that market will go down in business..
Resistance and Support points are also pointing that business and trade will go down thats why we should put our trade on sell....
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CADCHF Analysis
according to my analysis this pair is moving at 0.74888. as its trending shows this pair will make more downward movement. it will move towards the 0.74794. or if this pair will make upward movement then it will move towards the pivot point. GOOD LUCK.