Cad/Chf

analysis for today 5 / 20 / 2014

CAD/CHF

Resistance : R1 0.8266 R2 0.8291 R3 0.8311 R4 0.8341
Support : S1 0.8139 S2 0.8114 S3 0.8094 S4 0.8064

Open : 0.8213
High : 0.8214
Low : 0.8191

Running Price : 0.8200


Strategy : SELL at the level 0.8200 stop loss at the level 0.8266 target take profit at the level 0.8094 or at the level 0.8064

analysis for today 5 / 20 / 2014
CAD/CHF

Resistance 3 0.8321
Resistance 2 0.8291
Resistance 1 0.8271
Pivot Point 0.8213
Support 1 0.8134
Support 2 0.8114
Support 3 0.8084

BUY STOP 0.8271 STOP LOSS 0.8134 TAKE PROFIT 0.8291
SELL STOP 0.8134 STOP LOSS 0.8271 TAKE PROFIT 0.8114

analysis for today 5 / 21 / 2014

CAD/CHF

Resistance : R1 0.8232 R2 0.8257 R3 0.8277 R4 0.8307
Support : S1 0.8101 S2 0.8076 S3 0.8056 S4 0.8026

Open : 0.8174
High : 0.8176
Low : 0.8157
Range : 19 Pips
Running Price : 0.8157

Strategy : SELL at the level 0.8157 stop loss at the level 0.8232 target take profit at the level 0.8056 or at the level 0.8026

analysis for today 5 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 5 / 20 / 2014
OPEN 0.8215
HIGH 0.8165
LOW 0.8173
CLOSED 0.8173

The third resistance (R3) 0.8165 -( 0.8170 - 0.8173 = -0.0003 x 2 = -0.0005 )= 0.8160
The second Resistance (R2) 0.8170 + 0.8165 - 0.8173 = 0.8162
First resistance (R1) 0.8170 x 2 = 1.6341 - 0.8173 = 0.8168
pivot points 0.8165 + 0.8173 + 0.8173 = 2.4511 / 3 = 0.8170
Support for the first (S1) 0.8170 x 2 = 1.6341 - 0.8165 = 0.8176
Support second (S2) 0.8170 -( 0.8165 - 0.8173 = -0.0008 ) = 0.8178
Third Support (S3) 0.8173 -( 0.8165 - 0.8170 = -0.0005 x 2 = -0.0011 )= 0.8184

analysis for today 5 / 21 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8146
Retracement (50%) 0.8140
retracement (61,8%) 0.8134

Extensions (61.8%) 0.8196
Extensions (100.0%) 0.8215
Extensions (138.2%) 0.8234
Extensions (161.8%) 0.8246
calculation based on a Fibonacci retracement then today I choose buy

we see the CADCHF on nice continue to down. sell again the pair if price continue to bellow line 0.8166. the last two day ago we see down here

analysis for today 5 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 5 / 21 / 2014
OPEN 0.8199
HIGH 0.8156
LOW 0.8181
CLOSED 0.8181

The third resistance (R3) 0.8156 -( 0.8173 - 0.8181 = -0.0008 x 2 = -0.0017 )= 0.8139
The second Resistance (R2) 0.8173 + 0.8156 - 0.8181 = 0.8148
First resistance (R1) 0.8173 x 2 = 1.6345 - 0.8181 = 0.8164
pivot points 0.8156 + 0.8181 + 0.8181 = 2.4518 / 3 = 0.8173
Support for the first (S1) 0.8173 x 2 = 1.6345 - 0.8156 = 0.8189
Support second (S2) 0.8173 -( 0.8156 - 0.8181 = -0.0025 ) = 0.8198
Third Support (S3) 0.8181 -( 0.8156 - 0.8173 = -0.0017 x 2 = -0.0033 )= 0.8214

analysis for today 5 / 22 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8171
Retracement (50%) 0.8169
retracement (61,8%) 0.8166

Extensions (61.8%) 0.8196
Extensions (100.0%) 0.8206
Extensions (138.2%) 0.8216
Extensions (161.8%) 0.8221
calculation based on a Fibonacci retracement then today I choose sell

analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 5 / 22 / 2014
OPEN 0.8214
HIGH 0.8173
LOW 0.8205
CLOSED 0.8205

The third resistance (R3) 0.8173 -( 0.8194 - 0.8205 = -0.0011 x 2 = -0.0021 )= 0.8152
The second Resistance (R2) 0.8194 + 0.8173 - 0.8205 = 0.8162
First resistance (R1) 0.8194 x 2 = 1.6389 - 0.8205 = 0.8184
pivot points 0.8173 + 0.8205 + 0.8205 = 2.4583 / 3 = 0.8194
Support for the first (S1) 0.8194 x 2 = 1.6389 - 0.8173 = 0.8216
Support second (S2) 0.8194 -( 0.8173 - 0.8205 = -0.0032 ) = 0.8226
Third Support (S3) 0.8205 -( 0.8173 - 0.8194 = -0.0021 x 2 = -0.0043 )= 0.8248

---------- Post added at 11:21 AM ---------- Previous post was at 11:08 AM ----------

analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 5 / 22 / 2014
OPEN 0.8214
HIGH 0.8173
LOW 0.8205
CLOSED 0.8205

The third resistance (R3) 0.8173 -( 0.8194 - 0.8205 = -0.0011 x 2 = -0.0021 )= 0.8152
The second Resistance (R2) 0.8194 + 0.8173 - 0.8205 = 0.8162
First resistance (R1) 0.8194 x 2 = 1.6389 - 0.8205 = 0.8184
pivot points 0.8173 + 0.8205 + 0.8205 = 2.4583 / 3 = 0.8194
Support for the first (S1) 0.8194 x 2 = 1.6389 - 0.8173 = 0.8216
Support second (S2) 0.8194 -( 0.8173 - 0.8205 = -0.0032 ) = 0.8226
Third Support (S3) 0.8205 -( 0.8173 - 0.8194 = -0.0021 x 2 = -0.0043 )= 0.8248

analysis for today 5 / 23 / 2014

CAD/CHF

Resistance : R1 0.8276 R2 0.8301 R3 0.8321 R4 0.8351
Support : S1 0.8150 S2 0.8125 S3 0.8105 S4 0.8075

Open : 0.8204
High : 0.8225
Low : 0.8201
Range : 24 Pips
Running Price : 0.8212

Strategy : BUY at the level 0.8212 stop loss at the level 0.8150 target take profit at the level 0.8321 or at the level 0.8351