Pivot points0.7501
Resistance 1=0.7506
Resistance 2=0.7510
Resistance 3=0.7515
Support 1=0.7497
Support 2=0.7492
Support 3=` 0.7487
Printable View
Pivot points0.7501
Resistance 1=0.7506
Resistance 2=0.7510
Resistance 3=0.7515
Support 1=0.7497
Support 2=0.7492
Support 3=` 0.7487
CAD CHF (Canadian Dollar / Swiss Franc) The Canadian Dollar vs. Swiss Franc pair is often recognized as a carry trade vehicle because of the relationship between a low yielding, safety geared currency (CHF) and a higher yielding, growth related one (CAD).
CAD/CHF
Position volume
92%
Sell
Client trades
72%
Short
The CAD/CHF Spot price tells investors how many Swiss francs they will receive for each Canadian dollar they trade.
Both are considered to be 'major' in the forex markets, with the Swiss and Canadian currencies listed as the sixth and seventh most-traded monies in the world.
The North American nation's currency value is mostly dictated by official economic reports, such as interest rate announcements, trade balance and unemployment levels.
However, the commodity markets also play a key role in its fluctuations, as Canada mines various base and precious metals, holds vast oil reserves and is a key player in the forestry sector.
The economic performance of the US impacts heavily on the value of the Canadian dollar, due to the close trading ties that exist between the two neighbouring nations.
Similarly, the trading performance of countries in the eurozone has a significant effect on the price of the franc, as does the nation's own economic progress and certain commodity markets such as gold and oil.
Both the Swiss franc and the Canadian dollar are used as reserve currencies, so their value may rise when traders are seeking a safe haven for their capital and demand for the monies increases.
At this stage it can be auto pivot point from simply moving average on buy.
MCad showing the simple down trend which can be easily judge without any main reason.
cad/chf
M5 & M30 also tells us for up trending due to main two green lines shown this.
Support on down side near about its going to be bearish looking for us.
So today is going trend now up and position at here is no danger.
Thats my technical analysis of this pair has similar as today market trend.
CADCHF Analysis
According to my analysis this pair is moving at 0.74954. now i guess this pair will make upward movement as its trending shows. it will move towards the 0.75004 or if this pair will make downward movement then it will move towards the 0.74864. GOOD LUCK
Pivot point=0.74681
Current Price=0.74736
Trend=buy
Resistance 1=0.74680
Resistance 2=0.74725
Resistance 3=0.74778
Supporting 1=0.74635
supporting 2=0.74655
supporting 3=0.74641
Cad/Chf is buy
1:Resistance:0.7490
2:Resistance:0.7510
3:Resistance:0.7530
1:Supporting:0.7450
2:Supporting:0.7430
3:Supporting:0.7410
Cad/Chf
Resistance level
Resistance level 1.0.74680
Resistance level 2.0.74725
Resistance level 3.0.74778
Supporting level
Supporting level 1.0.74635
Supporting level 2.0.74655
Supporting level 3.0.74641
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. And it is also compulsory for everyone to use any of one indicater or analysis for thair trading. I also use some indicators for my batter Trading and for earn a good profit ... The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
. . . . Cad/chf
. I make my strategy to this pair by use the sclapping movemint .after searching the boilenger band it has bullish trend in my minde .
Moving average*
MACAD ,boilenger band .
Parabolic sar allso . . . . Sell
Current price is . . . . . . .*0.7456
If you want profit please set the take profit & stop loss .*
. . . . Thanks . .
My technical analysis and express opinion about this pair..CAD/CHF
They are used as the basis for most technical analysis. The pivot point is the point in which the market sentiment changes from bearish to bullish. Pivot point, support and resistance calculations are widely accepted as the simplest yet most effective trading strategy.
Parabolic indicators show BUY trend so set the take profit and stop lose with the Resistance and supporting level. CAD/CHF is good trading pair and movement daily basic es so i give analysis about CAD/CHF i am working on this pair good profit this is the profitable trading pair.
Pivot point,,,,,,0.7504
Open,,,,,,,0.7463
High Price,,,,,,0.7464
Low price,,,,,,0.7459
Resistance levels,,,,,
1 Resistance level<<< 0.7521
2 Resistance level<<< 0.7536
3 Resistance level<<< 0.7550
Supporting levels,,,,,,,
1 Supporting level<<< 0.7488
2 Supporting level<<< 0.7474
3 Supporting level<<< 0.7459
Keep trade with discipline and patience.
Remember Always trade in the direction of the current trend, because trend always your friend. Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading.
(Best of Luck)