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The currency pair CAD / CHF on the basis of yesterday's trading session, there is a correction and the pair tested the resistance level of 0.7832 in the price, but not fixed, and now the pair began to decline, and judging by the movement Stochastic on H1 chart the pair will continue to decline and may fall to the level of price support 0.7810 and below.
Trade forex pivot point calculations based on today's.
Pair = CADCHF
Date = Thursday, March.20.2014
Pivot point Result
Resistance 3 = 0.7908
Resistance 2 = 0.7883
Resistance 1 = 0.7857
Pivot point = 0.7832
Support 1 = 0.7806
Support 2 = 0.7781
Support 3 = 0.7755
Market price prediction
if buy at = 0.7807
take profit = 0.7882
stop loss = 0.7782
is sell at = 0.7858
take profit = 0.7780
stop loss = 0.7884
analysis for today 3 / 20 / 2014
CAD/CHF
Resistance 3 0,7954
Resistance 2 0,7924
Resistance 1 0,7904
Pivot Point 0,7831
Support 1 0,7761
Support 2 0,7741
Support 3 0,7711
BUY STOP 0,7904 STOP LOSS 0,7761 TAKE PROFIT 0,7924
SELL STOP 0,7761 STOP LOSS 0,7904 TAKE PROFIT 0,7741
Most likely CADCHF is bull then. see the candle yesterday, yes buy better if fib 0.7857 can be break too by today buyer. let see, brother and ready buy of course
analysis for today 3 / 21 / 2014
CAD/CHF
Resistance : R1 0.7924 R2 0.7949 R3 0.7969 R4 0.7999
Support : S1 0.7783 S2 0.7758 S3 0.7738 S4 0.7708
Open : 0.7857
High : 0.7858
Low : 0.7849
Range : 9 Pips
Running Price : 0.7850
Strategy : SELL at the level 0.7850 stop loss at the level 0.7924 target take profit at the level 0.7738 or at the level 0.7708
Basically, CADCHF has broken the resistance level at 0.7850. Although the breaking is not too strong, but CADCHF still has a possibility to go up and reach the next resistance level at 0.7900. But if CADCHF can fall again, this pair may reach the support level at 0.7800.
Forex Trading Today
Pair = CADCHF
Date = Friday, 03.21.2014
Fibonacci Pivot point Result
Resistance 3 = 0.7901
Resistance 2 = 0.7881
Resistance 1 = 0.7869
Pivot point = 0.7850
Support 1 = 0.7830
Support 2 = 0.7818
Support 3 = 0.7799
Market price prediction basaed on the calculation of fibonacci pivot point
buy entry = 0.7838 ,take profit = 0.7889 ,stop loss = 0.7826
sell entry = 0.7862 ,take profit = 0.7811 ,stop loss = 0.7874
Trade forex pivot point calculations based on today's.
Pair = CADCHF
Date = Friday, March.21.2014
Pivot point Result
Resistance 3 = 0.7929
Resistance 2 = 0.7899
Resistance 1 = 0.7878
Pivot point = 0.7848
Support 1 = 0.7827
Support 2 = 0.7797
Support 3 = 0.7776
Market price prediction
if buy at = 0.7818
take profit = 0.7908
stop loss = 0.7788
is sell at = 0.7869
take profit = 0.7806
stop loss = 0.7890
analysis for today 3 / 21 / 2014
CAD/CHF
Resistance 3 0,7979
Resistance 2 0,7949
Resistance 1 0,7929
Pivot Point 0,7857
Support 1 0,7778
Support 2 0,7758
Support 3 0,7728
BUY STOP 0,7929 STOP LOSS 0,7778 TAKE PROFIT 0,7949
SELL STOP 0,7778 STOP LOSS 0,7929 TAKE PROFIT 0,7758
By the end of yesterday's trading day the pair CAD / CHF tested the level of resistance in the price 0.7900, but to consolidate above this level the pair failed and started to fall and I believe that the movement of the indicator Stochastic on H1 chart the pair may continue to decline and may fall to the level of support in the price 0.7825.