the pair trade above the up trend
stochastic refers to up way
moving confirm the up view
so the pair will continue to up way
http://www6.0zz0.com/2013/08/31/21/534096914.png
Printable View
the pair trade above the up trend
stochastic refers to up way
moving confirm the up view
so the pair will continue to up way
http://www6.0zz0.com/2013/08/31/21/534096914.png
Of observations by the method of technical analysis I have seen of the currency pairs Cad/Chf and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 0.8818 and there is support and resistance on the
- R3 : 0.8951
- R2 : 0.8908
- R1 : 0.8869
- Pivots : 0.8826
- S1 : 0.8787
- S2 : 0.8744
- S3 : 0.8705
then I highly recommend you to open position SELL with
Take Profit is equal to 0.8788 as well as Stop Loss at point 0.8848
so that the target pips for today I think is at 150 pips
Cad/chf analysis for 09.02.2013 by using pivot indicator.
r3: 0.88708
r2: 0.88588
r1: 0.88384
pivot: 0.88264
s1: 0.88060
s2: 0.87940
s3: 0.87736
Cad/chf analysis :
date : 09.02.13
time : 04:45 GMT
time frame : 15 min
current rate : 0.8859
high : 0.8867
low : 0.8836
net change : 0.17%
overall trend : slightly bullish.
As you see in my following attached chart, the pair now touched the strong resistance level @ 0.8844, so falling down is expected targeting the lower line of the descending channel shown in my chart. (@0.8700 initially)
http://charts.mql5.com/2/415/cadchf-...orex-group.png
today i like to buy this pair @ 0.8851
my stop loss of the day @ 0.8827
half take profit for today @ 0.8871
and further half take profit @ 0.8886
At present, a pair of CAD \ CHF is trading above the moving average line. additional indicator above the zero line with the indication on the rise and the main indicator gives a buy signal will support the bulls and intend to buy when price breaks the resistance line of 0.8861 to 0.8887 stop loss set at 0.8854 support line.
i got a signal in the CADCHF , it is trading in a very clear bullish market condition, the market retraced back and formed a significant pattern with upward pressure
The following data is predicted based on indicators that we use for the currency pair CAD/CHF today, for today's support and resistance levels as follows: (R3=0,8873), (R2=0,886), (R1=0,8839), (Pivots=0,8826), (S1=0,8805), (S2=0,8792), (S3=0,8771)
recommendation:
place your sell stop at 0,8806 target profit at 0,8786 (Seller zones)
place your buy stop at 0,8846 profit target at 0,8866 (buyer zone)
Cad/chf analysis for 09.03.2013 by using pivot indicator.
r3: 0.88920
r2: 0.88770
r1: 0.88649
pivot: 0.88499
s1: 0.88378
s2: 0.88228
s3: 0.88107