Cad/Chf

woodie's pivot point today
pair = cad/chf
date = march 14. 2014
time frame = daily
result
resistance 2 = 0.7968
resistance 1 = 0.7936
pivot point = 0.7894
support 1 = 0.7862
support 2 = 0.7820

standard pivot point calculation
date = march 14.2014
pair = cad/chf
r3 = 0.8007
r2 = 0.7966
r1 = 0.7933
pp = 0.7892
s1 = 0.7859
s2 = 0.7818
s3 = 0.7785

fibonacci pivot point calculation result
r3 = 0.7966
r2 = 0.7938
r1 = 0.7921
pp = 0.7892
s1 = 0.7864
s2 = 0.7847
s3 = 0.7818
pair = cad/chf
date = march 14.2014
time frame = daily

analysis for today 3 / 14 / 2014
CAD/CHF

Resistance 3 0,8019
Resistance 2 0,7989
Resistance 1 0,7969
Pivot Point 0,7892
Support 1 0,7819
Support 2 0,7799
Support 3 0,7769

BUY STOP 0,7969 STOP LOSS 0,7819 TAKE PROFIT 0,7989
SELL STOP 0,7819 STOP LOSS 0,7969 TAKE PROFIT 0,7799

standard pivot point calculation
pair = cad/chf
date = march 16.2014
r3 = 0.8098
r2 = 0.8055
r1 = 0.7986
pp = 0.7943
s1 = 0.7874
s2 = 0.7831
s3 = 0.7762

fibonacci pivot point calculation result
r3 = 0.8055
r2 = 0.8013
r1 = 0.7986
pp = 0.7943
s1 = 0.7901
s2 = 0.7874
s3 = 0.7831
date = march 16.2014
pair = cad/chf
time frame = weekly

analysis for today 3 / 17 / 2014

CAD/CHF

Resistance : R1 0.7925 R2 0.7950 R3 0.7970 R4 0.8000
Support : S1 0.7790 S2 0.7765 S3 0.7745 S4 0.7715

Open : 0.7853
High : 0.7865
Low : 0.7850
Range : 15 Pips
Running Price : 0.7861

Strategy : SELL at the level 0.7861 stop loss at the level 0.7925 target take profit at the level 0.7745 or at the level 0.7715

On H4 time frame, we can see there's a double bottom chart pattern appear on CADCHF and that also a rejection from the support level at 0.7850. So, because of this pattern, I think CADCHF has a potential to make a reversal movement and this pair may reaches the resistance level at 0.7900 or even 0.7950. This set up will be invalid if only CADCHF can fall and break 0.7850 support level successfully.

result of calculations based on the market price at standard pivot point trading.
Pair = CADCHF
Strength = Down
High = 0.7902
Low = 0.7844
Close = 0.7857
BUY, Entry = 0.7845
Take Profit = 0.7914
Stop Loss = 0.7787
SELL, Entry = 0.7903
Take Profit = 0.7798
Stop Loss = 0.7961
Date = March 17. 2014
Time Frame = Daily

Cad/chf technical analysis

date : 03.17.2014
time : 08:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 70.83

2) MACD (26,12,9)
value: 0.0005

3) ADX (14)
value: 56.40

4)CCI(14)
value: 140.74

overall trend - slightly bullish.