Cad/Chf

Today Analysis CADCHF


Market Trend Bearish

Pivot Point 0.6681

S 1 0.6648

S 2 0.6628

S 3 0.6595

R 1 0.6700

R 2 0.6735

R 3 0.6755

AUD/CAD
Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.

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

Today I will discuss about CADCHF pair. I see the daily chart that indicate complete downtrend of this pair. Exponential Moving Average (5) 0.71003 : DOWN, Simple Moving Average (5) 0.71032 : DOWN, Exponential Moving Average (10) 0.70951 : DOWN, Simple Moving Average (10) 0.70939 : DOWN, Exponential Moving Average (20) 0.70962 DOWN . My predict price will falling today. If you choose SELL position, then put a take profit at 0.7469 and stop loss at 0.7553. Please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. .

CADCHF ANALYSIS

Expected trend for today: Bullish


Support 0.7549

Support 0.7535

Support 0.7525


Resistance 0.7574

Resistance 0.7583

Resistance 0.7597

Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.

cad/chf analysis

today market is looked bearish

market goes to be high on 0.752


and market will be go down to 0.734

market will close 0.748

all trade is done by own risk ...

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

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

no position is executed. we move onto the pending orders.
the trend is up, green marbles were on the line o.
relatively safe to open a position with the lot is rather large.

instan buy order @ 0.8758
buy limit 1 @ 0.8676
buy limit 2 @ 0.8635

But for today at least the bulls are back in charge due to the likely hood that output from either Iran or Venezuela could drop further. While the threat of oil disruption from OPEC’s persistent ‘rabble-rouser’ producer, Libya remains front in centre. All this suggest OPEC+ potentially runs the risk of over-tightening the market on the back of their supply discipline.