Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Candle bullish followed by stochastic pointing upwards. Chances market does not touch the pivot point at 0.7811, but went straight to 0.7888
Recommendation: Buy
Printable View
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Candle bullish followed by stochastic pointing upwards. Chances market does not touch the pivot point at 0.7811, but went straight to 0.7888
Recommendation: Buy
daily overview for Cad-Chf
r3: 0.8015
r2: 0.7936
r1: 0.7890
s1: 0.7765
s2: 0.7686
s3: 0.7640
the pair broke the oblong to up
so our trade for the pair is buy
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market will go up on the target at 0.7933 fibo 161.8. But if the market penetrates down to 0.7820, then the market will be a correction to 0.7774
Recommendation: Sell stop at 0.7820
daily overview for Cad-Chf
r3: 0.7955
r2: 0.7922
r1: 0.7848
s1: 0.7807
s2: 0.7774
s3:0.7741
the pair is trade in up
so our trade for the pair is buy
as we can see on the chart , the pair is trading under the level of 0.7772 , any way if the pair succeeded in breaking 0.7772 , it will continue in it's up movements heading to 0.7872 and then 0.7972
---------- Post added 04-18-2015 at 08:33 PM ---------- Previous post was 04-17-2015 at 09:19 PM ----------
I got a signal in the CADCHF , it is trading in a very clear bullish market condition, the market retraced back and formed a significant pattern with upward pressure:
daily overview for Cad-Chf
r3: 0.7972
r2: 0.7927
r1: 0.7850
s1: 0.7728
s2: 0.7683
s3: 0.7606
the pair broke the oblong to down
so our trade for the pair is sell
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: It appears that the market is only returned to the fibo 61.8 for correction. It is predicted that the market will lead to 261.8 Fibo at 0.7708
Recommendation: Sell
daily overview for Cad-Chf
r3: 0.7933
r2: 0.7892
r1: 0.7854
s1: 0.7798
s2: 0.7775
s3: 0.7696
the pair is trade in up
so our trade for the pair is buy
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still trying correction to previous support becomes the pivot point at 0.7791, and the final target may be at 0.7726
Recommendation: Sell
daily overview for Cad-Chf
r3: 0.7938
r2: 0.7896
r1: 0.7833
s1: 0.7728
s2: 0.7686
s3: 0.7623
the pair broke the oblong to up
so our trade for the pair is buy
Spoiler: