Cad/Chf

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

he CAD/CHF pair has been the victim of risk-aversion as a result of a poor growth outlook for the United States, but, the range bottom the CAD/CHF pair is flirting with now, should nonfarm payrolls out of the United States come in at-or-greater than expectations

Cad/Chf
Today Market analysis and trend:sell

Indicators bhi market ke down hony ka bata rahe hain

Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye

because of the moving under the level of 0.8800 as we can see from the chart , I think the down trend is still standing and the pair might head to 0.8735 and then 0.8700 how ever the pair made any hourly correction

The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects

May be some trader like to trade in CAD/CHF. I have trade in this pair and don't know more about the movement of this pair. I like to trade with EUR/JPY. This pair have great movement. I think many trader like to trade with this pair. There are many other good pairs available for trading but every trader have their own strategy.

Pivotal Points: 0.7534


Resistance 3: 0.7642

Resistance 2: 0.7608

Resistance 1: 0.7568


Support 1: 0.7494

Support 2: 0.7460

Support 3: 0.7420

I think the down trend is still standing and the pair might head to 0.8950 how ever the pair made any hourly correction and that's because of the moving under the level of 0.8914 as we can see from the chart , good luck .

Cad/chf analysis for 03.12.2013 by using pivot indicator.

r3: 0.9289
r2: 0.9275
r1: 0.9251

pivot: 0.9237

s1: 0.9213
s2: 0.9199
s3: 0.9175

This pair has broken the uptrend line and beyond it , the question now is does it will continue moving down and break the resistance level @ 0.9167 (38.2%) or it will reverse its direction and move up back to the uptrend , i think the pair will break the resistance level too and continue moving down till reaching the resistance level @ 0.9113 (23.6%) which is can considered as a target point to sell this pair with it . Good Luck