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Today market analysis
You will earn more money if you will follow my views,because I have posted this after checking the previous routine oaf daily time frame of H1,H4 clearly. some traders use fundamental analysis, other use indicators or supports and residences , believe on your own strategy.
This is very risky investment. According to my limited knowledge the investors should wait and see the every aspects of the market. The investor checks the actual worth of the stock in the market.
Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Parabolic SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends
Note:Always Follow the making experienced with others having great knowledge about trading
CADCHF
Market trend
BuY
Pivot Point 0.7017
Support 1 ___ ,, 0.6979
Support 2 ___ ,, 0.6956
Support 3 ___ ,, 0.6918
Resistance 1 ___ ,, 0.7040
Resistance 2 ___ ,, 0.7078
Resistance 3 ___ ,, 0.7101
Cad/chf
Today live rate is 0.70040
By searching all previous results of charts i suggests that
The buying rate will be 0.70325
And selling rates will be 0.69273
.
Please Thanks for help
This quote represents the Canadian dollar against the Swiss franc. In this quotation, the value of one CAD (the 'base currency') is quoted according to CHF, the 'counterpart currency' (or quoted currency). The Canadian dollar is often considered a commodity currency due to the consequent export of natural resources, particularly oil. In concrete terms, this makes the currency sensitive to fluctuations in trends in investors' forecasts for global economic growth. For its part, Switzerland has a very strong reputation as a refuge for foreigners wishing to shelter their wealth in a private banking system. A true embodiment of the relationship between a currency based on growth and high returns, and a safe haven currency with lower returns, the CAD / CHF pair represents an attractive vehicle for carry trade operations.
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Cad/Chf
Resistance Level (R3): 0.7092
Resistance Level (R2): 0.7072
Resistance Level (R1): 0.7036
Pivot Point: 0.7016
Support Level (S1): 0.698
Support Level (S2): 0.696
Support Level (S3): 0.692
Today Market anlisss...
all routine of the chart and indicator I have come to know that today the market will move on up way so all my brothers I will suggest that we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck....
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.===========
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