Cad/Chf

there is a support level at 0.8469 that's why we muse wait and see if the price will break this level or not.
I think that we should put a buy stop order at 0.8476 and a sell stop order at 0.8460.
http://i.imgur.com/vgjmisZ.png

The support level at 0.8469 will make the price rise to the resistance level at 0.8569. That's why I think that we can get in long position when the market open.
http://i.imgur.com/cv5kURt.png

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 0.852 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.8284 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 0.852 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 0.8653 which is the pivot level of the current week.
http://bigimage.cz/photos/20010108978911127176169.gif .

Today on the CADCHF chart we can see that the price is moving below EMA indicator’s taking a bearish direction We can also see that the RSI indicator is giving us a sell signal according to the position of the line which is currently below the center line of 35 We can also use the data from the MACD indicator to determine like in the case that the bears are the ones controlling the market in the current period and that’s because of the green lines heading down in my opinion I do think that the going with the bears for the current day would be wise but that would be until the price gets over the EMA indicator wave creating by that a new buy signal .
http://bigimage.cz/photos/20010108978911639667198.gif .

A bearish trend seems to be taking place today on the CADCHF pair and that’s according to the red color shown by the Super trend indicator determining by that the main market direction.
A sell signal is indicated from the Nonlog dot indicator and that is by giving us a red colored dot.
if the signals keep showing the same signals then i do think that the sell trades would be taking place more frequently since the signals are currently showing us a strong bearish trend.
For the exit plan I think waiting for the price to hit the resistance 0.847 would be the best choice or we can always wait for the super trend to change its color to green either way that can only mean that the bearish trend is over and we should be ready for the price to be heading for the opposite direction .
21 .

As we can see a red arrow is taking place on the CADCHF chart which indicates that a bearish trend is taking place at the moment.
A top located at 0.8505 is supporting the trend for it is a very strong resistance and if the bearish trend is still strong then the price shouldn't be able to go above it.
The dots from the parabolic sar indicators are shown above the candles which gives a sign of where the price will be heading which is down in this case.
The support 0.8445 would be a great place to act as closing positions if we are to be making selling trades since the price might be heading north after hitting it http://bigimage.cz/photos/20010101978308829934169.gif .

There is a great chance for a bullish trend to be taking place today on the CADCHF chart and that is according to the price which is currently located on a upper level than the EMA 15 line.
According to the power momentum indicator a low power of the bullish trend is shown and also it can be used as a filter for the entering the buy positions.
For more confirmation we can use the power line indicator which is currently above the 50 level giving us a good upward direction signal as a result.
http://bigimage.cz/photos/20010108978945384177564.gif .

By analyzing the CADCHF we can but a bullish 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 green bar appears below the level of 0 and it is considered a good buy 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/20010108978941603641078.gif

Daily forecast: CADCHF 27 Oct. 2014.

Technical analysis for Daily forecast of CADCHF 27 October, 2014. In Daily chart CADCHF shows bearish trend. At present CADCHF below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 0.83884.

Pivot: 0.84797

Resistance levels

R1 0.84953
R2 0.85205
R3 0.85361
R4 0.85516

Support levels

S1 0.84545
S2 0.84389
S3 0.84137
S4 0.83884
Attachment 12035

The support level at 0.8430 will make the price rise to the resistance level at 0.8469, that's why I advise you to get in long position.
http://i.imgur.com/ZwZtwqk.png