Cad/Chf

http://prntscr.com/416csj
analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 7 / 9 / 2014
OPEN 0.8358
HIGH 0.8377
LOW 0.8349
CLOSED 0.8360

The third resistance (R3) 0.8377 -( 0.8362 - 0.8349 = 0.0013 x 2 = 0.0026 )= 0.8403
The second Resistance (R2) 0.8362 + 0.8377 - 0.8349 = 0.8390
First resistance (R1) 0.8362 x 2 = 1.6724 - 0.8349 = 0.8375
pivot points 0.8377 + 0.8349 + 0.8360 = 2.5086 / 3 = 0.8362
Support for the first (S1) 0.8362 x 2 = 1.6724 - 0.8377 = 0.8347
Support second (S2) 0.8362 -( 0.8377 - 0.8349 = 0.0028 ) = 0.8334
Third Support (S3) 0.8349 -( 0.8377 - 0.8362 = 0.0015 x 2 = 0.0030 )= 0.8319

http://prntscr.com/419hs6
analysis for today 7 / 10 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8356
Retracement (50%) 0.8355
retracement (61,8%) 0.8353

Extensions (61.8%) 0.8367
Extensions (100.0%) 0.8371
Extensions (138.2%) 0.8375
Extensions (161.8%) 0.8378
calculation based on a Fibonacci retracement then today I choose sell

Now the pair is facing some difficulties in determining the direction. that's why I advise to place a sell stop order at 0.8343 and buy stop order at 0.8384.
http://i.imgur.com/Wn2Yuf3.png

http://prntscr.com/41jt98
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 7 / 10 / 2014
OPEN 0.8359
HIGH 0.8379
LOW 0.8346
CLOSED 0.8373

The third resistance (R3) 0.8379 -( 0.8366 - 0.8346 = 0.0020 x 2 = 0.0040 )= 0.8419
The second Resistance (R2) 0.8366 + 0.8379 - 0.8346 = 0.8399
First resistance (R1) 0.8366 x 2 = 1.6732 - 0.8346 = 0.8386
pivot points 0.8379 + 0.8346 + 0.8373 = 2.5098 / 3 = 0.8366
Support for the first (S1) 0.8366 x 2 = 1.6732 - 0.8379 = 0.8353
Support second (S2) 0.8366 -( 0.8379 - 0.8346 = 0.0033 ) = 0.8333
Third Support (S3) 0.8346 -( 0.8379 - 0.8366 = 0.0013 x 2 = 0.0026 )= 0.8320

http://prntscr.com/41mkhy
analysis for today 7 / 11 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8363
Retracement (50%) 0.8360
retracement (61,8%) 0.8356

Extensions (61.8%) 0.8390
Extensions (100.0%) 0.8400
Extensions (138.2%) 0.8410
Extensions (161.8%) 0.8417
calculation based on a Fibonacci retracement then today I choose sell

Quote:

---

Originally Posted by Gamabunta

Now the pair is facing some difficulties in determining the direction. that's why I advise to place a sell stop order at 0.8343 and buy stop order at 0.8384.
http://i.imgur.com/Wn2Yuf3.png

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Price came down that's why the sell deal effected. Price will go down to support at 0.8297 in the case of breaking it it will go down more and in the case of failing in doing that than it will climb.
http://i.imgur.com/8JEVdld.png

http://prntscr.com/42hmmn
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 7 / 11 / 2014
OPEN 0.8374
HIGH 0.8391
LOW 0.8305
CLOSED 0.8305

The third resistance (R3) 0.8391 -( 0.8334 - 0.8305 = 0.0029 x 2 = 0.0057 )= 0.8448
The second Resistance (R2) 0.8334 + 0.8391 - 0.8305 = 0.8420
First resistance (R1) 0.8334 x 2 = 1.6667 - 0.8305 = 0.8362
pivot points 0.8391 + 0.8305 + 0.8305 = 2.5001 / 3 = 0.8334
Support for the first (S1) 0.8334 x 2 = 1.6667 - 0.8391 = 0.8276
Support second (S2) 0.8334 -( 0.8391 - 0.8305 = 0.0086 ) = 0.8248
Third Support (S3) 0.8305 -( 0.8391 - 0.8334 = 0.0057 x 2 = 0.0115 )= 0.8190

http://prntscr.com/42kwn8
analysis for today 7 / 14 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8305
Retracement (50%) 0.8305
retracement (61,8%) 0.8305

Extensions (61.8%) 0.8305
Extensions (100.0%) 0.8305
Extensions (138.2%) 0.8305
Extensions (161.8%) 0.8305
calculation based on a Fibonacci retracement then today I choose sell

There is a strong resistance at 0.8325 and in the case of breaking it the price will continue his rise, either in the case of failure in doing that, it will go down.
Stochastic is in overbought aura which makes going down the biggest hypothesis.
http://i.imgur.com/CydjAPi.png

http://prntscr.com/42rzz4
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 7 / 14 / 2014
OPEN 0.8310
HIGH 0.8327
LOW 0.8280
CLOSED 0.8321

The third resistance (R3) 0.8327 -( 0.8309 - 0.8280 = 0.0029 x 2 = 0.0059 )= 0.8386
The second Resistance (R2) 0.8309 + 0.8327 - 0.8280 = 0.8356
First resistance (R1) 0.8309 x 2 = 1.6619 - 0.8280 = 0.8339
pivot points 0.8327 + 0.8280 + 0.8321 = 2.4928 / 3 = 0.8309
Support for the first (S1) 0.8309 x 2 = 1.6619 - 0.8327 = 0.8292
Support second (S2) 0.8309 -( 0.8327 - 0.8280 = 0.0047 ) = 0.8262
Third Support (S3) 0.8280 -( 0.8327 - 0.8309 = 0.0018 x 2 = 0.0035 )= 0.8245