The trading rang for today is among the major support @ 0.8560 and the key of resistance @ 0.8705 .
The general over short term basis is to the upside targeting 0.8705 as far as area of 0.88
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The trading rang for today is among the major support @ 0.8560 and the key of resistance @ 0.8705 .
The general over short term basis is to the upside targeting 0.8705 as far as area of 0.88
today's market technical over view for cad/chf
according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------0.7497
1- Resistance level----------0.7521
2- Resistance level----------0.7550
3- Resistance level----------0.7574
1- Support level-------------0.7467
2- Support level-------------0.7444
3- Support level-------------0.7414
In the H4 time frame the price is rejected from the resistance at 0.9378 and lower side support at the 0.9300 now stoch and cci indicator is giving us long signal. we can long this pair with the target resistance at 0.9400 and stop loss is 0.9280
Today market is buy
>R1) 0.75010
>R2) 0.75022
>R3) 0.75035
.........................
>S1) 0.74985
>S2) 0.74974
>S3) 0.74968
Yesterday the data on ADP Employment Change in the US in February was more surprising than
overrated data that was issued last year in order to calm the investors amid the fiscal cliff. I February it was 198K against forecast for 172K and data for January was revised from 192K to 215K. Obviously, Nonfarm Payrolls, which will be
Pivotal Points: 0.7511
Resistance 3: 0.7587
Resistance 2: 0.7563
Resistance 1: 0.7535
Support 1: 0.7482
Support 2: 0.7459
Support 3: 0.7431
it seem 8656 got a strong resistance area.......i think it will go down back again after reach those area and projection will be around 8378 area to complete the down trend but it the price close above the 8656 then it will be a diffrence senario
once in the prediction of several indicators for the technical analysis of currency pairs CADCHF on the market today are at the 0.7461 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 0.7546 positions. You put a stop loss at 0.7459 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend Up
The following resistance and supporting level of this pairs is as below :
The First Resistent ----------- 0.7531
Second Resistent ----------- 0.7543
Third Resistent ----------- 0.7556
The First Support ----------- 0.7461
Second Support ----------- 0.7448
Third Support ----------- 0.7436
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please.. share your analysis, so we can discuss in this forum to maximize our profit
CAD/CHF earlier rose and extended range-high to 0.7225. The cross rate then reversed back to range-low 0.7185. On the hourly chart, technical indicators suggest bias is slightly bearish but CAD/CHF is struggling below SMA 35/90. Hence, upside does not look promising and CAD/CHF is likely headed towards 0.7150.
Technical analysis Cad/Chf is buy trend
Resistance and Supporting levels is :
Current Rate is :0.7499
Resistance level is
1> Resistance level is:0.7511
2> Resistance level is: 0.7523
3> Resistance level is: 0.7541
Supporting level is
1> Supporting level is: 0.7485
2> Supporting level is: 0.7472
3> Supporting level is: 0.7459