Printable View
The downtrend of the pair received another confirmation with a reversal near the 50-day moving average. In late April, the pair rebounded from 1.1120. Up to this level, the weakening of the pair can occur quite smoothly, but a further decrease (to the area of 2-year lows) can open the way straight to 1.0850 or even 1.05.
If the price meets the stop level (8.82) without reaching the order (8.5), we recommend to close the position: the market sustains internal changes that were not taken into account.
CAD/CHF is above the daily pivot - 0.7523. The breakdown of the indicator Bollinger unfolds upwards, MACD is in the positive zone. I guess pair continued upward movement, the breakdown of the nearest resistance level - 0.7550 and purpose - the level of 0.7596.
cadchf
Is time ke price ye chal rhe he......... 0.7504
Resistance level 1 # 0.7534
Resistance level 2 # 0.7565
Resistance level 3 # 0.7588
Support level 1 # 0.7480
Support level 2 # 0.7450
Support level 3 # 0.7410
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
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
this is my analysis for CADCHF
hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakout of the resistance level at 0.7530 and the pair will continue to go up to the next resistance level at 0.7552 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry BUY Order at the level 0.7521 stop loss at the level 0.7566 and target take profit at the level 0.7486
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience . remember..always trade in the direction of the current trend, because trend always your friend.
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
Daily overview for CadChf
The price is finding the first support at 0.7482 and the next support is at 0.7457 The price is finding the first resistance at 0.7527 and the next resistance is at 0.7549 I predict price will be continued flying today. The first target is the level 0.7541 After fixing below the first target, then price will go to the level of 0.7571 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Buy ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
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
CADCHF Analysis
R3 0.7570
R2. 0.7544
R1 0.7526
PP 0.7500
S1 0.7482
S2 0.7456
S3 0.7438