Cad/Chf

As you can all realize there is a downward trend taking place on the CADCHF pair indicated by the red dots appearing on the bars the price may keep going south so long it stays lower than the level 0.8616 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.849 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the resistance 0.8616 and got itself a bullish signal via the blue dots in this case I do think that the price will be heading north till it hits the resistance 0.8688 which is the pivot level of the current week.
http://bigimage.cz/photos/20141014141326893127809.gif .

After taking a quick look on the chart of CADCHF first thing you have a good sell signal on the Henkin Ashi and down arrow on the chart In the same time a sell signal occurs on the trend session indicator by showing a red bar at the last candle In additional to a sell cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a sell possitions at any good place If you decided to sell you should keep an eye on the level 0.8455 as the price bounced from it the last time then you can consider it asa your first support to close your order once hitting it http://bigimage.cz/photos/20141014141326627209478.gif

http://prntscr.com/4w1n29
analysis for today 10 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 10 / 13 / 2014
OPEN 0.8556
HIGH 0.8557
LOW 0.8457
CLOSED 0.8460

The third resistance (R3) 0.8557 -( 0.8491 - 0.8457 = 0.0034 x 2 = 0.0069 )= 0.8626
The second Resistance (R2) 0.8491 + 0.8557 - 0.8457 = 0.8591
First resistance (R1) 0.8491 x 2 = 1.6983 - 0.8457 = 0.8526
pivot points 0.8557 + 0.8457 + 0.8460 = 2.5474 / 3 = 0.8491
Support for the first (S1) 0.8491 x 2 = 1.6983 - 0.8557 = 0.8426
Support second (S2) 0.8491 -( 0.8557 - 0.8457 = 0.0100 ) = 0.8391
Third Support (S3) 0.8457 -( 0.8557 - 0.8491 = 0.0066 x 2 = 0.0131 )= 0.8326

http://i60.tinypic.com/2m7cew2.jpg

Pair: CADCHF
Type of analysis: Technical
Time frame: H1
Channel line: Bearish under pivot
Fibonacci Indicator: Bearish expansion
William %R Indicator: Bearish (overbought)

Final decision: Bearish

the trading rang for today is amoung the major support 0.8430 and the key resistance 0.86 the general over short thre basis is to down side targating 85 as far as area

I think that the price will fall down after hitting the downside red trendline decree below. We can get in short position with take profit at 0.8454.
http://i.imgur.com/hlzqFif.png

http://prntscr.com/4w471j
analysis for today 10 / 14 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8170
Retracement (50%) 0.8168
retracement (61,8%) 0.8165

Extensions (61.8%) 0.8195
Extensions (100.0%) 0.8205
Extensions (138.2%) 0.8215
Extensions (161.8%) 0.8220
calculation based on a Fibonacci retracement then today I choose sell

By analyzing the CADCHF we can but a bearish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a red bar appears below the level of 0 and it is considered a good sell signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20141015141332536755324.gif

As you can all realize there is a downward trend taking place on the CADCHF pair indicated by the red dots appearing on the bars the price may keep going south so long it stays lower than the level 0.8616 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.849 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the resistance 0.8616 and got itself a bullish signal via the blue dots in this case I do think that the price will be heading north till it hits the resistance 0.8688 which is the pivot level of the current week.
http://bigimage.cz/photos/20141015141332644193154.gif .

Based on the hourly chart of the blade oscillator the CADCHF is having a strong bearish trend by locating at 0.0011 below the level of balance and the indicator is red colored that means there is a strong bearish move will happen in a short time . By using moving average 5 we will notice a down slope so 0.844 could be considered a good stop loss for if there were sell positions as it is considered the last top by using the indicators signals. http://bigimage.cz/photos/20141015141332805980438.gif