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
Printable View
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
Currency pair is : Cad/Chf
Moving average:buy
Resistance level of this pair is:
1# Resistance is: 0.7578
2# Resistance is: 0.7590
3# Resistance is: 0.7599
Supporting level of this pair is :
1# Supporting is: 0.7545
2# Supporting is: 0.7522
3# Supporting is: 0.7503
CADCHF TODAY ANALYSIS
MARKET TREND BULLISH
PIVOT POINT 0.7529
Support 1 0.7509
Support 2 0.7471
Support 3 0.7414
Resistance 1 0.7567
Resistance 2 0.7586
Resistance 3 0.7644
Currency pair CADCHF
support and resistance
Support 0.9552
Support 0.9515
Support 0.9475
Resistance 0.9618
Resistance 0.9655
Resistance 0.9664
To-day cad/chf Resistance & Support
Resistance level
1-Resistance level 0.7530
2-Resistance level 0.7558
3-Resistance level 0.7571
//////////
Support level
1-Support level 0.7468
2-Support level 0.7447
3-Support level 0.7419
CADCHF had been rejected by the 0.9459 support level yesterday, and the rejection effect still occur until now. Now CADCHF is moving near the 0.9506 resistance level. If CADCHF can break that resistance level, this pair may continue going up to the next resistance level at around 0.9554
cad/chf Technical analysis:
Level of Support
1-Support 0.7489
2-Support 0.7454
3-Support 0.7476
Level of Resistance
1-Resistance 0.7520
2-Resistance 0.7547
3-Resistance 0.7551
CADCHF ANALYSIS
Trend is Bullish
Support 0.7486
Support 0.7466
Support 0.7410
Resistance 0.7537
Resistance 0.7565
Resistance 0.7618
Now price is showing a double top around the resistance area at 0.8413, this is a strong sell signal.
The stop loss should be above the two highs made this week and the profit target around 0.8256 - the resistance from last week should turn into support.
once in the prediction of several indicators for the technical analysis of currency pairs CADCHF on the market today are at the 0.7533 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 0.7618 positions. You put a stop loss at 0.7531 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 Resistance ----------- 0.7603
Second Resistance ----------- 0.7615
Third Resistance ----------- 0.7628
The First Support ----------- 0.7533
Second Support ----------- 0.7520
Third Support ----------- 0.7508
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