CADCHF trend is sell
Pivots Point: 0.74607
1 Resistance level is 0.76556
2 Resistance level is 0.78392
3 Resistance level is 0.82177
1 Supporting level is 0.72771
2 Supporting level is 0.70822
3 Supporting level is 0.67037
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CADCHF trend is sell
Pivots Point: 0.74607
1 Resistance level is 0.76556
2 Resistance level is 0.78392
3 Resistance level is 0.82177
1 Supporting level is 0.72771
2 Supporting level is 0.70822
3 Supporting level is 0.67037
Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today
Evaluasion
only this time I analyze these pairs. hopefully produce a profit. from what I saw, there was divergent.
trend in tf h4 d1 with opposite, I chose to follow the trend up in tf h4.
I try to open an instant position and one pending order.
Position For Order:
instan buy order @ 0.8467
buy limit 1 @ 0.8425
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge everyday.
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows market is going up. so buy position is best for traders
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
trader can trade according market situation and earn good profit everyweek.
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit today.
we can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up trend we can see that the pair has closed it's daily candle above 0.8100 . so , that's means that up trend is expected and the pair might head to 0.8150 and then 0.8180 ,but also the hourly correction is expected before continue in the up trend
we predict future values with technical analysis for wide selection of Forex (Foreign Exchange) pairs like CAD to CHF . If you are looking for foreign exchange rates with good return, CAD to CHF can be a bad, high-risk 1-year investment option. CAD/CHF rate equal to 0.682 at 2020-04-21, but your current investment may be devalued in the future.
it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.