Cad/Chf

analysis for today 12 / 5 / 2014
CAD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8508
Retracement (50%) 0.8502
retracement (61,8%) 0.8496

Extensions (61.8%) 0.8556
Extensions (100.0%) 0.8574
Extensions (138.2%) 0.8592
Extensions (161.8%) 0.8604
calculation based on a Fibonacci retracement then today I choose sell

On the CADCHF 1H chart we can see a bullish trend as we can notice the green arrow on the chart the trend is supported with a bottom located at 0.8515 which can be used as a strong support that the price couldn't go below it in case that the bullish trend still strong.
The parabolic sar dots is located below the candles that is a sign that the price is going to move up In case that the buying trades are happening we can consider the resistance which located at 0.8575 as a good area to close some of the open positions as the price has a good chance to go south after hitting it.
http://bigimage.cz/photos/20141207141798920568563.gif

As we can see in the CADCHF chart the main trend is currently taking a down direction and that’s because of the position of the 5 and 6 EMAs which are Below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles .
The MACD indicator is giving me a buy signal which is currently moving above the 0 level also the CCI line is performing upward signal as is at the higher level .
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead .
http://bigimage.cz/photos/20141207141799035693553.gif

analysis for today 12 / 8 / 2014

CADCHF

Resistance : R1 0.8612 R2 0.8637 R3 0.8657 R4 0.8687
Support : S1 0.8479 S2 0.8454 S3 0.8434 S4 0.8404

Open : 0.8554
High : 0.8554
Low : 0.8537
Range : 0.0017 Pips
Running Price : 0.8551

Strategy : BUY at the level 0.8551 stop loss at the level 0.8479 target take profit at the level 0.8657 or at the level 0.8687

the CADCHF pair have a down channel as you can mention on the chart then thinking about an bearish direction on the few coming hours is strongly .
By the current time the price hits the recommended upper edge of the Donchin Channel indicator alerting for a good chance for south movement.
Another signal is given by the awesome indicator as the price keeps above the zero's level and showing green color which could be recognized as a good buy signal.
Finally I can see the signal of bearish direction on the stostatic according to the last sell intersection between the two lines near the 80 Th level.
Waiting a confirmation of selling direction form awesome indicator is a wise but in the same time the current situation could encourage the sell trades as long as the price didn't reach the low edge of Donchin channel http://bigimage.cz/photos/20141208141802000122010.gif

As you can see on the CADCHF chart in front of us the blue line’s position in the moment indicator is below the red line which means a good selling signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the red colors shown on the arrows meaning that a downward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
http://bigimage.cz/photos/20141208141802242745253.gif

The price is moving above the wave of EMA indicators to perform a shape of bullish direction through the day at the chart of CADCHF pair.
And with a buy signal showing on the RSI indicator which have the line going above the center line of 50.
This also can be merged with the data of Macd indicator as you can see the green lines is heading up to inform that the market bulls have the control at the market for the current period.
Then I think going with the bulls at the current day and keep at the market until another sell signals shown on the cart by getting the price under the wave of EMA indicators .
http://bigimage.cz/photos/20141208141802278334048.gif

On the CADCHF a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a green line is starting to take shape forming by that a bullish signal for the pair by being located over the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 0.849 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.
http://bigimage.cz/photos/20141208141802113131601.gif

On the CADCHF hourly chart we can see that a strong bullish trend is happening as the Blade oscillator is now at the 0.0006 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 0.8548 could be a good place to set any buy position's stop loss level at .
http://bigimage.cz/photos/20141208141802389192452.gif

For today's analysis on the CADCHF since we can see that the price located below the level 0.8564 colored in grey which can be considered a resistance point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
down in this situation targeting the next MBFX level located at the support of the price 0.8536 which could be our primary selling target and if it kept going on the same pace then the support located at 0.8509 could be considered as our secondary target but in case the price breaks the level 0.858 then this would be the time to start thinking about buying orders as the price will stop heading down http://bigimage.cz/photos/20141208141802257192538.gif