another pullback with a strong bearish candle today after the 4h chart shown a divergence pattern during the us market......this might be a reversal time for this pair i think
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another pullback with a strong bearish candle today after the 4h chart shown a divergence pattern during the us market......this might be a reversal time for this pair i think
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI. Further rebound would likely be seen to 55 days EMA
the pair as we can see on the chart has success in breaking the level of 0.8000 and reached the level of 0.7915 , that's mean the down trend is standing and the pair might head to 0.7900 then 0.7870
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.8040 then 0.8070
as my early expectation this pair reverse today.......this pair will continue the downtrend if it can hold the top.....but if the top break then the upward movement will resume back up
Aussie pared some of recent gains against the greenback after the data on the country's strong tie to China. But loss is so far limited as dollar remains broadly weak.
as we can see on the chart , the pair is trading under the level of 0.8000 , any way if the pair succeeded in breaking 0.8000 , it will continue in it's up movements heading to 0.8030 and then 0.8060
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.7900 then 0.7850
The price is expected to continue falling toward the Forecast Area located between the price levels 0.8507 and 0.8172.
As headlines reported the passage of the Greek austerity measures required for the nation to receive the next tranche of EU/IMF funds, risk appetite saw a major reversal with global equities and commodities surging in North American trade.
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.7900 then 0.7850
The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level.
the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
the pair and as we can from the chart has stated it's trading week above the level of 0.7950 and that's mean that the up trend is expected and the pair might head to 0.8000 and then 0.8100 how even if the pair make any howrly correction
If a M15 close above 0.8150 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7970 sell only and do not buy. If price closes back above it again do nothing
The range 0.8150 and 0.7970 is neutral area, any trade done in between is personal decision and not part of this analysis
The rise of inflationary concerns will put more pressure on the Bank of Canada to raise interest rates in an effort to stem price growth.
Versus commodity currencies the Swissy is also rallying particularly against the Loonie. CAD/CHF is trading at the lowest level in decades.
the pair and as we can from the chart has stated it's trading week above the level of 0.8000 and that's mean that the up trend is expected and the pair might head to 0.8100 and then 0.8150 how even if the pair make any howrly correction
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.7940 then 0.7900
If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7900 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7900 is neutral area, any trade done in between is personal decision and not part of this analysis
It is more likely to go down to around 0.7944 or lower, and after that, it might have potentially to go up to around 0.8022 or higher
as we can see on the chart , the pair is trading under the level of 0.8000 , any way if the pair succeeded in breaking 0.8000 , it will continue in it's up movements heading to 0.8030 and then 0.8060
he CAD/CHF pair has been the victim of risk-aversion as a result of a poor growth outlook for the United States, but, the range bottom the CAD/CHF pair is flirting with now, should nonfarm payrolls out of the United States come in at-or-greater than expectations
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
as shown in the 4 hr chart the pair is side way between upper level at 0.8155 and bottom level at 0.7933. should confirm a close a candle out of thse both level to give more intention to move up or down clearly
the pair is trading now above the level of 0.8000 and that's mean the uptrend is still standing and the pair might continue in it's upmovements heading to 0.8050 and then 0.8080
the CAD/CHF pair sitting at the bottom of a descending channel the pair has carved out since December, a swing trading opportunity to the upside has emerged for traders to collect profits on a long play
If a M15 close above 0.8200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8050 sell only and do not buy. If price closes back above it again do nothing
The range 0.8200 and 0.8050 is neutral area, any trade done in between is personal decision and not part of this analysis
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
a strong enough reading will more than make up the pip premium paid for waiting on the ideal fundamental scenario to match the appealing technical picture.
It is more likely to go down to around 0.7800 or lower, and after that, it might have potentially to go up to around 0.8350
If a M15 close above 0.8100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8000 sell only and do not buy. If price closes back above it again do nothing
The range 0.8100 and 0.8000 is neutral area, any trade done in between is personal decision and not part of this analysis
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level.
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
the chart is showing that he pair has succeeded in breaking the level of 0.8300 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 0.8400 and then 0.8450
If a M15 close above 0.8200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8050 sell only and do not buy. If price closes back above it again do nothing
The range 0.8200 and 0.8050 is neutral area, any trade done in between is personal decision and not part of this analysis
the Loonie has declined on what otherwise would be considered bullish rhetoric. Now, with the CAD/CHF pair sitting at the bottom of a descending channel the pair has carved out since December 30
Now price is showing a double top around the resistance area at 0.8413, this is a strong sell signal.
The stop loss should be above the two highs made this week and the profit target around 0.8256 - the resistance from last week should turn into support.
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