Cad/Chf

the up blue arrow located below the price determines that a bullish trend is taking place at the moment on the CADCHF pair also the buy cross taking place between the snake and T2_clean verifies it even more.
the resistance 0.8485 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading up then the price will keep buying On the other hand a strong stop loss level could be initiated at the support of the price 0.8415 I think buying would be the wisest decision at the moment unless another opposite sell signal is formed or if a red down arrow appears http://bigimage.cz/photos/20141121141655821149707.gif .

On the CADCHF hourly chart we can see that a strong bullish trend is happening as the Blade oscillator is now at the 0.0018 area above the level of balance and also the indicator is colored in blue that is a strong indication of bullish direction on the short term.
Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last bottom performed at 0.8499 could be a good place to set any buy position's stop loss level at .
http://bigimage.cz/photos/20141121141656110210734.gif

pair- cad/chf
analysis time frame- m30

http://i60.tinypic.com/23h4zea.jpg

the price is showing overbought as rsi indicator moving above the level 70 and in the price chart its also break the daily resistance level three at 0.8568 level. its correction can setup to continue up trend. hold the long entry with stop loss at 0.8532
good luck.

I think that the price will fall from the resistance level from 0.8628, that's why we should look only for short opportunities.
http://i.imgur.com/PbzKWcx.png

---------- Post added 11-22-2014 at 02:51 PM ---------- Previous post was 11-21-2014 at 04:19 PM ----------

I think that we can get in short position because of the resistance level at 0.8632 in monday with take profit at 0.8578.
http://i.imgur.com/HhhY9A0.png

Quote:

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Originally Posted by ng1985

pair- cad/chf
analysis time frame- m30

http://i60.tinypic.com/23h4zea.jpg

the price is showing overbought as rsi indicator moving above the level 70 and in the price chart its also break the daily resistance level three at 0.8568 level. its correction can setup to continue up trend. hold the long entry with stop loss at 0.8532
good luck.

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"oversold/overbought" - another myth. if you believe in all that bro, you should not be trading at all. that would save you tons of money. The market can remain irrational longer than you can remain solvent. There is nothing so disastrous as a rational investment policy in an irrational world.

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 0.8443 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 0.855 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 0.8443 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 0.8394 which is the pivot level of the current week.
http://bigimage.cz/photos/20141123141677809474790.gif .

---------- Post added 11-24-2014 at 11:56 PM ---------- Previous post was 11-23-2014 at 11:59 PM ----------

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 0.8708 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.8486 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 0.8708 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 0.8784 which is the pivot level of the current week.
http://bigimage.cz/photos/20141124141686322135311.gif .

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 0.8486 which is considered a strong support and also a weekly pivot point that of course until it hits the resistance at level 0.8708 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 0.8486 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 0.834 which is the pivot level of the current week.
http://bigimage.cz/photos/20141125141695248105022.gif .

http://prntscr.com/5a87qg
analysis for today 11 / 26 / 2014

CAD/CHF

Resistance : R1 0.8624 R2 0.8649 R3 0.8669 R4 0.8699
Support : S1 0.8486 S2 0.8461 S3 0.8441 S4 0.8411

Open : 0.8557
High : 0.8561
Low : 0.8549
Range : 0.0012 Pips
Running Price : 0.8553

Strategy : SELL at the level 0.8553 stop loss at the level 0.8624 target take profit at the level 0.8441 or at the level 0.8411

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 0.8708 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.8486 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 0.8708 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 0.8784 which is the pivot level of the current week.
http://bigimage.cz/photos/20141126141703654988099.gif .

http://prntscr.com/5alee4
analysis for today 11 / 27 / 2014

CAD/CHF

Resistance : R1 0.8604 R2 0.8629 R3 0.8649 R4 0.8679
Support : S1 0.8469 S2 0.8444 S3 0.8424 S4 0.8394

Open : 0.8541
High : 0.8544
Low : 0.8529
Range : 0.0015 Pips
Running Price : 0.8536


Strategy : SELL at the level 0.8536 stop loss at the level 0.8604 target take profit at the level 0.8424 or at the level 0.8394