Cad/Chf

cad/chf technical analysis by using : average directional movement index

adx : 15.4216
+di : 11.3614
-di : 13.0333
timeframe : 1 hoour

time : 0500
date : 20-11-2012

Just be aware with bulls. On my simple see the price (bulls) can break up again to that 61.8 fibo (0.9461). So, for wise action of plan buy here - just wait for that breakout price to 0.9461 (first).

cad/chf technical analysis by using : average directional movement index

adx : 28.4327
+di : 16.1507
-di : 9.6556
timeframe : 1 hour

time : 0500
date : 21.11.2012

Cad/chf technical analysis for 21.11.2012 by using : Auto pivot indicator.

resistance 3:0.9502
resistance 2:0.9482
resistance 1:0.9456

pivot point :0.9436

support 1:0.9410
support 2:0.9390
support 3:0.9364

CADCHF has touched and has been rejected by the support level at 0.9417. But the rejection is not too strong. Although basically CADCHF can rebound and reach the resistance level at 0.9459, but if CADCHF can fall and break 0.9417 support level and also break the yesterday's low too, CADCHF will continue falling to the next support level at 0.9369.

This pair still sideways near the 38.2 fibo line 0.9427. Just wait and see . Then the nice bulls can be start called here if buyer can move up and break the pivot at 0.9442

Spoiler:

http://sadpanda.us/images/1259833-XNQJK49.png

On the H1 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 0.9377

Usd/cad technical analysis for 22.11.2012 by using : Auto pivot indicator.

resistance 3:0.9520
resistance 2:0.9495
resistance 1:0.9458

pivot point :0.9433

support 1:0.9396
support 2:0.9371
support 3:0.9334

Yesterday, CADCHF had been rejected by the 0.9459 resistance level. After being rejected, CADCHF fell and broke the support level at 0.9417 successfully. I think, this pair is in bearish sentiment now. So, in my view CADCHF will fall to the next support level at around 0.9369.

cad/chf technical analysis by using : average directional movement index

adx : 20.8719
+di : 18.5505
-di : 19.4021
timeframe : 1 hour

time : 0700
date : 22.11.2012