daily overview for Cad-Chf
r3: 0.7816
r2: 0.7772
r1: 0.7744
s1: 0.7672
s2: 0.7628
s3: 0.7600
the pair broke the oblong to up
so our trade for the pair is buy
Printable View
daily overview for Cad-Chf
r3: 0.7816
r2: 0.7772
r1: 0.7744
s1: 0.7672
s2: 0.7628
s3: 0.7600
the pair broke the oblong to up
so our trade for the pair is buy
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: 0.7837
r2: 0.7794
r1: 0.7733
s1: 0.7639
s2: 0.7606
s3: 0.7545
the pair can not break the resistance to up
so our trade for the pair is sell
Canadian dollar pair has remained trading in a narrow part of what is known as an accidental resemblance to fluctuate force the kidneys Canadian and US Dollars.
The end of last week Friday Canadian data came mixed between positive and negative, which prevent the pair from the resolution of direction.
Where jobs have fallen and unemployment has fallen but were positive and negative functions of unemployment, which has kept the state of oscillation.
Today we begin to see some strength in the Canadian dollar to the US dollar's decline under the impact of higher euro in front of him, which led to the most high
Majors in front of him, not for a couple of strong data except on Friday where manufacturing sales is expected to come high.
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Welcome and thank you very much, my dear brother and I hope that everyone benefited from the Thread
And good luck to all users
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: If seen, Stochastic has entered oversold areas with a high volume was not followed. The possibility of the market will go directly to the Fibonacci 423.6 at 0.7800
Recommendation: Buy
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market may still be a correction on the Fibonacci 61.8 at 0.7585. Before continuing bullish movement, and was also seen on the stochastic, the market will go back up.
Recommendation: Sell with a target of 0.7585
I think that we an get in long position from the support level at 0.7592 with take profit at 0.7742.
http://img.prntscr.com/img?url=http:...om/yZmU46g.png
For the Canadian dollar has witnessed yesterday the issuance of the new house price index, which record steadier rate of 0.0% on the monthly level unchanged other than expectations, which had been monitoring a height of 0.2% and today at 3:30 pm GMT will be released the rate of growth in industrial sales and it is forecast to rise by 1.2% on monthly level.
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