Pivotal Points: 0.7559
Resistance 3: 0.7616
Resistance 2: 0.7594
Resistance 1: 0.7581
Support 1: 0.7546
Support 2: 0.7524
Support 3: 0.7511
Printable View
Pivotal Points: 0.7559
Resistance 3: 0.7616
Resistance 2: 0.7594
Resistance 1: 0.7581
Support 1: 0.7546
Support 2: 0.7524
Support 3: 0.7511
cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
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
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
Following its failure to surpass the 1.3370-75 resistance-region, the USDCAD again aims to test the two-month old support-line of 1.3200. Should the pair slips beneath the 1.3200 mark, the 1.3160 and the 1.3125 are likely following numbers to please sellers before flashing 1.3100 on the chart. On the upside, the 1.3280 can limit the pair’s immediate upside prior to highlighting the 1.3370-75 area. In case prices rally beyond 1.3375, the 1.3425 and the 1.3445 seem buffers during its rise to 1.3485-90 horizontal-resistance.
dont miss the opportunity to go short.
1 Resistance level 0.7634
2 Resistance level 0.7650
3 Resistance level 0.7671
1 Support level 0.7563
2 Support level 0.7547
3 Support level 0.7515
The rate of the Swiss National Bank (SNB) is negative - minus 0.75%. Meanwhile, inflation in March of the current year rose to plus 0.7% compared with + 0.6%. Inflation in Switzerland has been positive since the beginning of 2017. An additional negative factor for the franc was the decrease in the manufacturing PMI for March to 50.3 points,
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.
My Technical Analysis
Currency Pair => Cad/Chf
Hour 4 Signals => Buy
Support & Resistance levels:
Support Level 1 => 0.7551
Support Level 2 => 0.7537
Support Level 3 => 0.7524
Resistance Level 1 => 0.7558
Resistance Level 2 => 0.7573
Resistance Level 3 => 0.7588
NOTE: "This is my Own Analysis, You Should Always Trade with Low Risk".
CAD/CHF
This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle.