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bullish trend seems to be taking place on the CADCHF pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 0.7512 and strong support at level 0.7492 in hourly time frame. there is possible chance price will move to up side. then next high price is 0.7562
Resistent1 : 0.7540
Resistent2 : 0.7529
Resistent3 : 0.7518
Support 1 : 0.7485
Support 2 : 0.7472
Support 3 : 0.7461
I suggest to entry BUY with stoploss at 0.7477 and take profit at 0.7562
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
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this is my analysis for CADCHF pair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 0.7486 and the pair will continue to go down to the next level level at 0.7461
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 0.7491 stop loss at the level 0.7526 target take profit at the level 0.7446
Support 1: 1.8630
Support 2: 1.8619
Support 3: 1.8607
Resistance 1: 1.8654
Resistance 2: 1.8669
Resistance 3: 1.8684
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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today's market technical analysis for CAD/CHF
market trend is going bearish
the market have good position for sell
market resistance and support levels could as
current price =0.7513
1-Resistance level =0.7528
2-Resistance level = 0.7538
3-Resistance level = 0.7546
1-Support level =0.7500
2-Support level = 0.7490
3-Support level =0.7480
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“Trade Strategy:
Short CHF, long CAD position, the target of 1.26, with a stop at 1.33.
The risk to the trade is a dovish shift from the BoC, leading to CAD weakness.”
CHF/CAD
0.00043 (0.03%)
1.33 02 9 / 06 5
Open 1.3300 High 1.3313 Low 1.3291
TREND INDEX
Bearish
OB/OS INDEX
Neutral
VOLATILITY INDEX
Expanding
Updated at Mar 08, 03:45 GMT
FORECAST BIAS N/A
KEY LEVELS
R3 1.3491
R2 1.3442
R1 1.3371
PP 1.3323
S1 1.3252
S2 1.3204
S3 1.3133
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1 Attachment(s)
Technical analysis of Cad/Chf is bearish trend
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:0.7513
2> Resistance level is: 0.7527
3> Resistance level is: 0.7541
Supporting level is
1> Supporting level is: 0.7486
2> Supporting level is: 0.7473
3> Supporting level is: 0.7462
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CAD/CHF Today's analysis for this pair and the movement for today should be Bullish and i have to give you the Resistance and support levels for this pair.
take a look on the today major support and Resistance level,
Support S._1 0.7485
Support S._2 0.7474
Support S._3 0.7464
Resistance R._1 0.7512
Resistance R._2 0.7526
Resistance R._3 0.7542
I am just giving my own analysis so just trade with low risk.
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CADCHF is approaching our first support at 0.7451 horizontal overlap support, 61.8%, Fibonacci extension, 38.2% Fibonacci retracement where a strong bounce might occur above this level to our major resistance at 0.7535
1 Resistance level is:0.7513
2 Resistance level is: 0.7527
3 Resistance level is: 0.7541
1 Supporting level is: 0.7486
2 Supporting level is: 0.7473
3 Supporting level is: 0.7462
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CADCHF trend is sell
1 Resistance level 0.7528
2 Resistance level 0.7538
3 Resistance level 0.7546
1 Support level 0.7500
2 Support level 0.7490
3 Support level 0.7480
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Day = 2019.03.08
Pair = CADCHF
Time Frame = Hourly
Results of analysis of the daily pivot point calculations :
Analysis for CADCHF pair today.
I see this pair still in strong bearish movement . If this pair can break the 0.7473. support level, I predict this pair will go down to the next support at 0.7423 But if this pair go up and break 0.7524. resistent level, I predict this pair will make some correction to the next resistent level at around 0.7574
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 0.7508. and take profit at 0.7423
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
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cad/chf Technical analysis:
Level of Support
1-Support 0.7485
2-Support 0.7502
3-Support 0.7516
Level of Resistance
1-Resistance 0.7426
2-Resistance 0.7440
3-Resistance 0.7453