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results of analysis of using daily pivot point calculations for CAD/CHF
I see this pair still in strong bullish movement . If this pair keep moving to up side ,
I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 34 pips from current price
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currency pair : CAD-CHFDaily analysis
I predict this pair have bullish direction
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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CADCHF pair seems showing signs heading downwards.
I think take Sell option is the best choice to making more profit in this market today.
the first target is the first support level,
after that this pair very potential go fall to the second support,
but we must careful because the market can move opposite in a short time
if my prediction does not match with market conditions,
we already have a plan B to get profits and minimize risk
use your capital wisely and avoid using too much risk because it can burn your trading account quickly.
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Cad/Chf > BEARISH
PIVOT POINT > 0.7469
S1 > 0.7455
S2 > 0.7446
S3 > 0.7432
R1 > 0.7483
R2 > 0.7492
R3 > 0.7506
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Cadchf
canadian dollar/swiss franc
0.74675
chf
−0.00011 (−0.01%)
market open (sep 23 01:15 utc-4)
0.74686
prev
0.74712
open
8.867k
volume
0.74630 — 0.74786
day's range
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CADCHF Trend is up
1 Resistance level :0.7417
2 Resistance level :0.7323
3 Resistance level :0.7231
1 Supporting level :0.7132
2 Supporting level :0.7025
3 Supporting level :0.6919
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CAD/CHF is Bullish
@ Resistance 0.7417
@ Resistance 0.7323
@ Resistance 0.7239
@ Supporting 0.7139
@ Supporting 0.7021
@ Supporting 0.6915
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CAD/CHF
The price of this pair is continuesly in the down trend direction,its represent that the price of this pair is going to be lower seccion momentum today.
If it will break the last support today at the point of 0.7247 and making a pull back then the conditions on there it will be gone these values are happining,if this is breakout the next resistance 0.7476 level then it will falling to the 0.7445 and more down today for my indicates of this pairs.
The RSI is still on SELL
StDev on SELL direction.
Parabolic Sar is also in the down trend signal.
Agrassive retracement showing that the bollinger bands due to 2 green lines is going on selling.
My advice for traders fallow the main indicators of RSI stdDev channel and fibonacci retracement which can be telling the pairs movements.
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Today market trend is SELL
Dear friends today Market trend
is natural so i sugest please wait for good
entry point becasue fibionic retracement
is percent and all over trend is SELL
some indicators like
moving avarages 74.89%
bolinger band 95.5%
parabolic 45.20%
market trend is SELL
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The resistance of the range was at 0.8158, and today we closed at 0.8208.
The next target is the following resistance at 0.8413. *it's not a coincidence the range was aprox 250 pips wide and that the next target above the resistance is also 250 pips*