-
As you can all realize there is a upward trend taking place on the CADCHF pair indicated by the blue dots appearing on the bars the price may keep going north so long it stays lower than the level 0.8368 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 0.8539 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 support 0.8368 and got itself a bearish signal via the red dots in this case I do think that the price will be heading south till it hits the support 0.827 which is the pivot level of the current week.
http://bigimage.cz/photos/20010112979256599102055.gif .
-
1 Attachment(s)
Daily forecast: CADCHF 31 Oct. 2014.
Technical analysis for Daily forecast of CADCHF 31 October, 2014. In Daily chart CADCHF is flat. At present CADCHF on the pivot point. It is important to break support or resistance levels to identify the trend. Previous record shows CADCHF buy from the 4th support level.
Pivot: 0.85450
Resistance levels
R1 0.85669
R2 0.85934
R3 0.86153
R4 0.86372
Support levels
S1 0.85185
S2 0.84966
S3 0.84701
S4 0.84436
Attachment 12130
-
There is a great chance for a bearish trend to be taking place today on the CADCHF chart and that is according to the price which is currently located on a lower level than the EMA 15 line.
According to the power momentum indicator a high power of the bearish trend is shown and also it can be used as a filter for the entering the sell 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/20010112979286952802112.gif .
-
On the CADCHF chart the momentum indicator shows clearly a cross as the blue line goes above the red line to make a good buy signal for the current time The Oracle Strength indicator shows a blue color and that indicates a upward direction on the CADCHF chart To be more accurate you can see the blue colored arrows which mean that there is a upward signal for now on the Oracle direction indicator From all the data from the indicators above and as long as the momentum indicator shows a buy cross the upward trend is shown on the chart and my advice is to go for the buy trades as long as the ATR indicator shows a buy signals.
http://bigimage.cz/photos/20010112979287079190305.gif .
-
The up trend taking place at the moment on the CADCHF is taking place according to where the EMAs 5 and 6 which is Above the EMA 35 as a result to that taking buy orders would be the best if a bullish direction confirmation came from the other indicators.
According to the parabolic sar indicator’s dots located below the candles we assume that the price would be taking a upward direction as for the MACD which is currently moving above the 0 level it does give us a buy signal.
Also the CCI line is currently in the Higher level giving us by that a upward signal.
So to sum all that up I do believe that unless any bearish signal do appear buying would be the best option available at the moment.
http://bigimage.cz/photos/20010112979288344158817.gif .
-
Based on the hourly chart of the blade oscillator the CADCHF is having a week bullish trend by locating at 0.0018 above the level of balance and the indicator is blue colored that means there is a week bullish move will happen in a short time . By using moving average 5 we will notice a UP slope so 0.8553 could be considered a good stop loss for if there were buy positions as it is considered the last bottom by using the indicators signals. http://bigimage.cz/photos/20010112979288823851813.gif
-
A bullish trend seems to be taking place today on the CADCHF pair and that’s according to the green color shown by the Super trend indicator determining by that the main market direction.
A buy signal is indicated from the Nonlog dot indicator and that is by giving us a blue colored dot.
I prefer to wait for the Nonlog indicator till it shows a confirmation then i do think that the buy trades would be taking place more frequently since the signals are currently showing us a strong bullish trend.
For the exit plan I think waiting for the price to hit the support 0.8552 would be the best choice or we can always wait for the super trend to change its color to red either way that can only mean that the bullish trend is over and we should be ready for the price to be heading for the opposite direction .
http://bigimage.cz/photos/20010112979289502515934.gif .
-
The vesrto indicator shows that there is a bearish saturation on the CADCHF last move and we use it to predict a bullish direction for now The chart shows that the price is located above a blue level and that is the balanced level Due to the bullish trend I have suggested that we can make sell possitions with the target located at the support 0.8581 At any opposite signal on the vestro or when the price reachs the 0.8523 level you might start thinking about bearish trend .
http://bigimage.cz/photos/20010112979293243202723.gif
-
brother ya pair Cad/Chf be acha hai or hum is main trading kar k is main profitr hasil kar sakty hain kuin is ki movent up ki tarf hai or is main hum buy laga sakty hain ya abi ruka hai is point per
-
3 Attachment(s)
Weekly forecast: CADCHF 03-07 Nov. 2014
Technical analysis for weekly forecast for CADCHF 03-07 Nov. 2014. In weekly chart CADCHF shows bullish trend. At present CADCHF above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 0.88431.
Pivot: 0.85141
Resistance levels
R1 0.86028
R2 0.86657
R3 0.87544
R4 0.88431
Support levels
S1 0.84512
S2 0.83625
S3 0.82996
S4 0.82367
Attachment 12171