Cad/chf analysis by using : moving average
date :01.31.2013
time frame : 15 min
ema5 :0.9065 signal- sell
ema10:0.9067 signal-buy
ema20:0.9071 signal-sell
time : 06:15 GMT
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Cad/chf analysis by using : moving average
date :01.31.2013
time frame : 15 min
ema5 :0.9065 signal- sell
ema10:0.9067 signal-buy
ema20:0.9071 signal-sell
time : 06:15 GMT
the cad/chf try sitting for the bottom the most descending channel the try has carved out since december
a swing trading chance towards the upside has emerged for traders to gather profits connected to long play
Spoiler:
The position of the current price is below 50 EMA on the H4 chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:0.9054
in h1 time frame we see formation of doji pattern at the support level 0.9027 this may be a signal for up movement because price is oversold as per cci and stoch indicator. we can long this with stop loss 0.9020 and target is 0.9103
in the h1 time frame short signal is giving by the stoch indicator but the price 0.9077 is a support level. if this support level is break then we can short this pair. in higher side the resistance 0.9110 is good if this is break then price will try to reached to next resistance at 0.9140
The position of the current price is below 50 EMA on the Daily chart, momentum is bearish
The position of the MACD iscross the line under area 0, the momentum is bearish
Trend today: Bearish
Target today:0.8939
Cad/chf analysis by using : moving averages.
date : 02.06.2013
time frame : 15 min
ema5 : 0.9104 signal-sell.
ema10:0.9104 signal-neutral.
ema20:0.9106 signal-sell.
time : 04:00 GMT
in the chart price is making a hammer pattern at the resistance 0.9160 in the h1 time frame. the major signal that price will move to down we can short this pair with breaking 0.9140 and can hold it to the support level 0.9115. at the time cci is also try to come out from over bought levels.