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Today’s technical analysis
In h1 time frame- price is provide a strong resistance at 0.9240 and loer side support at 0.9197.
trading accept in the breakout direction but if we look in lower side that is more profitable.
Resistance 3- 0.9275
Resistance 2- 0.9259
Resistance 1- 0.9236
Pivot point- 0.9220
Support 1- 0.9197
Support 2- 0.9181
Support 3- 0.9158
The sideways price still play on CAD-CHF. Till now, we can still see that price on still move so near that demand zone (0.9189), just wait and see. For next price, I can say nice start bulls here if the buyer can break up more to the 23.6 fib at 0.9252 (that till now still act as nice nearest resistance line for this pair).
Spoiler:
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend today: Bearish
Targethari is: 0.9129
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI. Further rebound would likely be seen to 55 days EMA (now at 0.8853
The sideways price still play on CAD-CHF. Till now, we can still see that price on still move so near that demand zone (0.9189), just wait and see. For next price, I can say nice start bulls here if the buyer can break up more to the 23.6 fib at 0.9252 (that till now still act as nice nearest resistance line for this pair).
Cad/Chf bi aik acha pair hay magar is mein spread bohat zada hay is liye ye short term traders kay liye acha nahi hay mein khud short term trader hou is liye meray liye ye acha nahi hay is liya mein is pair say avoid kerta hou.
Trend on still sideways on above that nearest Low fib 0.9170. And then because the big trend still look bearish and also no nice bulls candle here till now. I think, if then seller can break down more to that 0.9170, it's will be more to probably bearish continuation here.
Today’s technical analysis
In H1time frame- we can see long signal from stoch indicator the preice may be hit the resistance level 0.9201 and then will move in the trend direction
Today(31-12-12 ) pivot point are-
Resistance 3- 0.9267
Resistance 2- 0.9245
Resistance 1- 0.9201
Pivot point- 0.9179
Support 1- 0.9135
Support 2- 0.9113
Support 3- 0.9069
cad/chf technical analysis by using : adx
adx: 23.2139
+di : 20.0046
-di : 17.9300
timeframe : 30 min
cad/chf technical analysis by using : adx
adx : 16.0817
+di : 20.3437
-di : 19.4016
timeframe : 4 hour