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When the market going up and up looks like prices will continue to rise and also we can see heiken successful candle closed above the line of high margen. and green marbles are out of line one position had profit. Try to under stand the market trend.
Today(14-1-13 ) pivot point are-
Resistance 3- 0.9387
Resistance 2- 0.9360
Resistance 1- 0.9315
Pivot point- 0.9288
Support 1- 0.9243
Support 2- 0.9216
Support 3- 0.9171
Spoiler:
The position of the current price is below 50 EMA on the hourly chart, momentum is bearish
The position of the MACD is currently under area 0, the momentum is bearish
Trend today: Bearish
Target today: 0.9222
we can see that The CADCHF pair on try to break down to more that 61.8 fib (0.9271). Just be aware with more bearish here if on today move price can truly can more move strong bearish bellow that 61.8 fib (0.9271)
http://www13.0zz0.com/2013/01/14/13/744278185.gif
we can see in the 4h chart
the pair will go to up way to the up trend line
i see the pair will go to up way to 0.9408
stochastic refers that the pair will go up
so our target buy from 0.9308 and our target will100pips
Good luck
cad/chf technical analysis by using :adx
adx : 33.5143
+di : 22.6021
-di : 17.2045
timeframe : 1 hour
date : 14.01.2013
buy cad/chf at the level 0.9300 with targets at 0.9356 and 0.9385, but in case of breaking the level 0.9294 then sell at this level with targets at 0.9238 and 0.9203
Thank you my friends on this analysis for a couple of the Canadian dollar and the Swiss franc and we hope that you write every day no latest developments, analysis and recommendations for this currency pair here .
cad/chf technical analysis by using :adx
adx : 37.7557
+di : 19.1553
-di : 28.5636
timeframe : 1 hour
date : 15.01.2013
The bulls on still look nice here but weak. Just be aware with sideways first as long as the buyer still can not break up to more the strong resistance at 0.9411. we will see more probably bulls here after that resistance 0.9411 was also can be break by strong bulls candle then.