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On the last Friday, CADCHF had been rejected strongly by the 0.9554 resistance level. Then, that rejection also formed a pin bar candle on daily time frame. So, I think CADCHF may falls to the support level at 0.9459 today or even to the lower support level at 0.9417 if CADCHF can break 0.9459 support level.
CAD..CHF
techncal analysis cad/chf
this is a sensitive price rate
the price cad/chf buying point is 0.7463 and the selling point 0.7441
If a M15 close above 0.8200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8050 sell only and do not buy. If price closes back above it again do nothing
The range 0.8200 and 0.8050 is neutral area, any trade done in between is personal decision and not part of this analysis
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.7869and 0.9456
CADCHF had been rejected by the 0.9459 support level yesterday, and the rejection effect still occur until now. Now CADCHF is moving near the 0.9506 resistance level. If CADCHF can break that resistance level, this pair may continue going up to the next resistance level at around 0.9554
If we look at the Average Directional Indicator (ADX) it is telling us that we should be in a Neutral situation. In the one hour time frame the Exponential Moving Average period 5 is at 0.9303, giving the indication that we should Neutral. And the Exponential Moving Average period 20 is at 0.9305, giving the indication that we should be in a Neutral situation.
we can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up as shown in the 4 hr chart the pair is side way between upper level at 0.8155 and bottom level at 0.7933. should confirm a close a candle out of thse both level to give more intention to move up or down clearly
CADCHF had been rejected by the 0.9459 support level yesterday, and the rejection effect still occur until now. Now CADCHF is moving near the 0.9506 resistance level. If CADCHF can break that resistance level, this pair may continue going up to the next resistance level at around 0.9554
by using : Auto pivot indicator.
resistance 3:0.9566
resistance 2:0.9540
resistance 1:0.9515
pivot point :0.9489
support 1:0.9464
support 2:0.9438
support 3:0.9413
CADCHF had been rejected by the 0.9459 support level yesterday, and the rejection effect still occur until now. Now CADCHF is moving near the 0.9506 resistance level. If CADCHF can break that resistance level, this pair may continue going up to the next resistance level at around 0.9554
resistance 2:0.9587
resistance 1:0.9541
pivot point :0.9512
support 1:0.9466
support 2:0.9437
support 3:0.9391
Technical analysis for the CAD/CHF
aaj market ka trend bearish hey aur yeh trend jare reh sakta hey aaj market ka trend sell trading ke
leay acha hey , moving average aur Parabolic SAR bhe market ke bearish trend ko show kar rahay hain , agar
market price up gae to in resistance levels ko break kar sakte hey
Resistance level 1 = 0.7320
Resistance level 2 = 0.7332
Resistance level 3 = 0.7341
agar market price down hoe to in support levels ko break kar sakte hey
Support level 1 = 0.7293
Support level 2 = 0.7282
Support level 3 = 0.7272