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The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown – 0.8485) which should be broken for the downtrend to continue. Expect downtrend acceleration on the breakdown through this support.
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
The Quality of this Triangle is rated at the 5 bar level as a result of the low Initial Trend (rated at one bar level) and the average Uniformity and Clarity (both measured at the 5 bar level)
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level.
The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown – 0.8485) which should be broken for the downtrend to continue. Expect downtrend acceleration on the breakdown through this support.
the Canadian economy and the U.S. economy (mainly due to Canada’s place as the number one exporter of oil to the United States). Coincidentally, despite commentary from Governor Mark Carney that stimulus from the Canadian economy could “withdrawn eventually” following the Bank of Canada rate decision
we can notice from the chart that the pair has closed under 0.7400 , that's mean the down trend is expected and the pair might head to 0.7350 then 0.7300 , however the pair made a hourly correction , good luck .
the pair and as we can see from the chart has closed it's daily candle under the level of 0.7300 , so , that's mean the down trend is still standing and the pair is heading to 0.7250 then 0.7200
the chart is showing that he pair has succeeded in breaking the level of 0.7600 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 0.7700 and then 0.7750
a swing trading opportunity to the upside has emerged for traders to collect profits on a long play should U.S. nonfarm payrolls meet or beat expectations tomorrow, as renewed growth prospects for the United States would likely fuel inflows back in Loonie-based pairs for at least Friday’s trading session.
the chart is showing that the pair has succeeded in closing it's daily candle above level 0.7700 , and that's mean the up trend is still standing and the pair might head to 0.7750 and then 0.7800
a swing trading opportunity to the upside has emerged for traders to collect profits on a long play should U.S. nonfarm payrolls meet or beat expectations tomorrow, as renewed growth prospects for the United States would likely fuel inflows back in Loonie-based pairs for at least Friday’s trading session.
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI.
the pair and as we can see from the chart is trading under level 0.7800 , so , that's mean the down trend is still standing and the pair might head to 0.7760 and then 0.7730 how ever the pair made any hourly correction
the CAD/CHF pair sitting at the bottom of a descending channel the pair has carved out since December 30, a swing trading opportunity to the upside has emerged for traders to collect profits on a long play should U.S. nonfarm payrolls meet or beat expectations tomorrow, as renewed growth prospects for the United States would likely fuel inflows back in Loonie-based pairs for at least Friday’s trading session.
we can see that the pair has closed it's daily candle above 0.7800 . so , that's means that up trend is expected and the pair might head to 0.7900 and then 0.7950 ,but also the hourly correction is expected before continue in the up trend
As one of the top beneficiaries of risk aversion flows, the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
the average Uniformity and Clarity (both measured at the 5 bar level). This chart pattern continues the strong overriding downtrend which has affected this currency over the course of the last year (best seen on the daily and the weekly charts)
The trade entry point is set far enough out such that a rally before the nonfarm payrolls data will be unlikely to trigger a trade, and thus, while some pips may be left on the table, a strong enough reading will more than make up the pip premium paid for waiting on the ideal fundamental scenario to match the appealing technical picture.
we can notice from the chart that the pair has closed under 0.7400 , that's mean the down trend is expected and the pair might head to 0.7350 then 0.7300 , however the pair made a hourly correcti
As one of the top beneficiaries of risk aversion flows, the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI.
the pair has stated it's trading week above the level of 0.7900 and that's mean that the up trend is expected this week and the pair might head to 0.7950 and then 0.8000
The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown – 0.8485) which should be broken for the downtrend to continue. Expect downtrend acceleration on the breakdown through this support.
the pair and as we can see from the chart is trading now above the level of 0.7900 exactly at 0.7930 , so when ever the pair success in breaking 0.7900 , that's mean the down trend will be assured and the pair might head to 0.7860 and then 0.7820
the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
CAD/CHF has recently completed the high Quality Falling Wedge chart pattern identified by Autochartist on the daily charts.
As headlines reported the passage of the Greek austerity measures required for the nation to receive the next tranche of EU/IMF funds, risk appetite saw a major reversal with global equities and commodities surging in North American trade
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.7970 then 0.7940
The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
as we can see from the chart , the pair has succeeded in breaking 0.8000 and reached 0.8070 , so that's mean the up trend is still standing and the pair might head to 0.8100 and the 0.8150
Buy [Start] -> 0.8021
Buy [End] -> 0.8041
Stop Loss -> 0.7981
Max Take Profit -> 0.8123
Resistance 1 -> 0.8096
Resistance 2 -> 0.8190
Resistance 3 -> 0.8285
the chart is showing that the pair has closed it's daily daily under the level of 0.8100 , and that's mean that the down trend is still standing and the pair might reach 0.8070 and then 0.8030
The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown – 0.8485) which should be broken for the downtrend to continue
The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects, given the strong connections between the Canadian economy and the U.S. economy
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.