Cad/Chf

Cad/chf analysis for 09.12.2013 by using pivot indicator.

r3: 0.9088
r2: 0.9065
r1: 0.9038

pivot: 0.9015

s1: 0.8988
s2: 0.8965
s3: 0.8938

I use technical analysis of currency pairs CADCHF in the market watch at 19:06 which is the current market position is at 0.8991 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = BREAK LOW, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND DOWN,
but it is by looking at the position on the market today gained 0.9015 points pivots, yesterday high at 0.9041 and yesterday low at 0.8994 so support and resistance

R3 : 0.9083
R2 : 0.9062
R1 : 0.9036
Pivots : 0.9015
S1 : 0.8989
S2 : 0.8968
S3 : 0.8942

of some of the analysis contained in the signal TREND DOWN at currency pairs CADCHF, so the best step to open position BUY by set take profit at 0.9021 and stop loss at 0.8961. good luck

As you see in my following attached chart, the pair broke the bullish channel downy, so falling down till the next support level @ 0.8960 are expected before the continuation of the bullish movements with the general trend. Stochastic support my bearish expectation.
http://charts.mql5.com/2/505/cadchf-...ex-group-2.png

I use scalping strategies on this currency pairs Cad/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.9022 then also there are some indicators that I use as the Bollinger Bands is TREND UP, ADX is TREND DOWN, Stochastic is TREND DOWN.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order SELL at current market at 05:47 and use a stop loss and take profit of 30 pips
is the take profit at 0.8992 and stop loss at 0.9052

today I am going to open position SELL at market watch 06:02 in currency pairs Cad/Chf with H1 timeframe and market position at 0.9020,
because if my prediction of several indicators in Cricket Scalper shows there is a BEARISH signal on the Cad/Chf pairs
and Stoch(5, 3, 3) indicators are in position 70 and shows a BEARISH signal,
so the most appropriate order position is to perform open SELL position by placing a stop loss at 0.904 and take profit at 0.9

Cad/chf analysis for 09.13.2013 by using pivot indicator.

r3: 0.9093
r2: 0.9065
r1: 0.9037

pivot: 0.9009

s1: 0.8981
s2: 0.8953
s3: 0.8925

Cad/chf analysis :

date : 09.13.13
time : 03:45 GMT
time frame : 15 min

current rate :0.9025
high : 0.9033
low : 0.9006
net change : 0.12%

overall trend : slightly bullish.

CADCHF daily good upward trend. The 60 antenna support. Short term operation is still a bargain buying. A good daily and weekly patterns, can enlarge the long target hundreds of points

cad/chf
if we see the market with two indicator adx wilder(14) &

adx(14) in 1 hour timeframe.the value of two diferrent

indicator shows us that

adx wilder(14) level

style : 17.88
+di : 23.60
-di : 12.45

adx(14) level

adx : 49.39
+di : 24.68
-di : 5.25

so we can decide that the market trand is : ranging

timeframe : 1 hour
time : 0500 gmt

analysis of several indicators that I use on cad/chf currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.9085, R2=0.9058, R1=0.9034, Pivots=0.9007, S1=0.8983, S2=0.8956, S3=0.8932 indicates the following as well as I use other indicators such as zona trade that displays the zona signal Bullish on market position 0.9000 so that the most appropriate step is to conduct an open position BUY with a stop loss of 0.897 and take profit at 0.903