Cad/Chf

Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system...

analysis for today 10 / 8 / 2013
My daily trading,I hope the day is a success ...
CAD/CHF (Daily Trade)

Resistance : R1 0.8821 R2 0.8846 R3 0.8866 R4 0.8896
Support : S1 0.8682 S2 0.8657 S3 0.8637 S4 0.8607

Open : 0.8750
High : 0.8757
Low : 0.8746
Range : 11 Pips
Running Price : 0.8756


For intraday trade today suggest SELL at the level 0.8756 stop loss at the level 0.8821 target take profit at the level 0.8637 or at the level 0.8607

The daily chart of CAD/CHF shows a bullish hammer-style candle, a potential double-bottom pattern, and bullish Stochastic signal, all of which indicate a trad able price reversal ahead. Looking at a recent daily chart of CAD/CHF , we can see that there are a number of interesting things happening, not the least of which is the pure price action alone, which signals a possible bullish reversal ahead ....

Once in the prediction of several indicators for the technical analysis of currency pairs EURAUD on the market today are at the 1.4412 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 1.427 positions. You put a stop loss at 1.433 positions

that's indicator Bollinger Bands is TREND UP and signal Parabollic SAR is TREND UP then Support and resistance at
Pivots = 0.8761
R1 = 0.8791
R2 = 0.8833
R3 = 0.8863
S1 = 0.8719
S2 = 0.8689
S3 = 0.8647

For long-term targets remain BUY with a target of 50 pips profit

Data Tipe = Pivot Point
Pair= CADCHF
Time Frame = Dayly / 2013.10.08

Resistance 3 = 0.8867
Resistance 2 = 0.8836
Resistance 1 = 0.8795
Pivot Point = 0.8764
Support 1 = 0.8723
Support 2 = 0.8692
Support 3 = 0.8651

This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement.
I am not responsible for any errors that occur because the only information from the previous calculation

today i like to sell this pair @ 0.8755
my stop loss of the day @ 0.8780
half take profit for today @ 0.8741
and further half take profit @ 0.8722

the pair can break the up trend to down way in 1h chart

stochastic refers to down way

so the pair will continue to down way
http://www14.0zz0.com/2013/10/08/19/734008581.png

the pair broke fibo 23 to down way

stochastic refers to down way also

so the target is sell the pair to fibo 0

if the pair broke fibo 23 to up way we will cancel the down view
http://www12.0zz0.com/2013/10/08/19/519111937.png

Hi,,




in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 0.8751
I expect from this analyze that the price will go to up way
so buy from 0.8717 to 0.8751
good luck

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 on market time at 05:24.
It is seen that the position of the forex market are on point 0.8730 and there is support and resistance on the
- R3 : 0.8818
- R2 : 0.8796
- R1 : 0.8753
- Pivots : 0.8731
- S1 : 0.8688
- S2 : 0.8666
- S3 : 0.8623

besides Stochastic indicator shows the position of point 70 so that then I highly recommend you to open position BUY with
Take Profit is equal to 0.875 as well as Stop Loss at point 0.871
so that the target pips for today I think is at 50 pips