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The sideways price still play on CAD-CHF. Till now, we can still see that price on still move so near that demand zone (0.9189), just wait and see. For next price, I can say nice start bulls here if the buyer can break up more to the 23.6 fib at 0.9252 (that till now still act as nice nearest resistance line for this pair).
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 0.7531 and the pair will continue to go up to the next resistance level at 0.7553 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry BUY Order at the level 0.7522 stop loss at the level 0.7567 and target take profit at the level 0.7487
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
Cad/Chf
Today Market analysis and trend:buy
Indicators bhi market ke up hony ka bata rahe hain
Resistance and Support points bhi hamain market ke up hony ka ishara de rahe hain isliye hamain buy main trade lagani chahiye
CADCHF Today Analysis
Market Trend Bullish
Pivot Point 0.7501
S 1 >>>>> 0.7475
S 2 >>>>> 0.7448
S 3 >>>>> 0.7430
R 1 >>>>> 0.7525
R 2 >>>>> 0.7555
R 3 >>>>> 0.7578
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
CADCHF This pair is at 0.93 00/05 (0.22%) level. If we look at the Average Directional Indicator (ADX) it is telling us that we should be in a Neutral situation. In the one hour time frame the Exponential Moving Average period 5 is at 0.9303, giving the indication that we should Neutral. And the Exponential Moving Average period 20 is at 0.9305, giving the indication that we should be in a Neutral situation.
In the H4 time frame the macd bar are moving to zero line and price is also rejected from the resistance at 0.9344 it is try to hold at the support 0.9295. if this level is break we can short this pair to the target at 0.9180
Trend is sell
Resistances;
>Resistance 1) 1.3348
>Resistance 2) 1.2260
>Resistance 3) 1.3372
Supporting;
>Support 1) 1.3314
>Support 2) 1.3302
>Support 3) 1.3290
CADCHF Analysis
RESISTANCE LEVEL AND SUPPORT LEVEL
R3 0.7530
R2 0.7525
R1 0.7517
PP 0.7512
S1 0.7504
S2 0.7499
S3 0.7491