Thread: Cad/Chf
predictions for the day.
trading is risky if no analysis is done
Cad-Chf - is the currency pair we will be focusing on
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
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If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.
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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
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If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7900 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7900 is neutral area, any trade done in between is personal decision and not part of this analysis
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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hai yeh pair ,
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CAD/CHF
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.
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CADCHF an ka analysis
R3 0.7561
R2 0.7558
R1 0.7555
PP 0.7552
S1 0.7549
S2 0.7546
S3 0.7543
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Cad/chf
lse:cad/lse:chf
1.58
d
gbx
+0.04 (+2.08%)
market closed (jan 24 10:48 utc)
1.54
prev
1.56
open
13.729k
volume
1.56 — 1.58
day's range
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2020-01-25), Iqra Noor (2020-01-25), MTB (2020-01-25)
Cad-Chf - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1. are buy based
Resistance 1 - Resistance 2 - Resistance 3. are target based
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2020-01-25), MTB (2020-01-25), Shan55 (2020-01-25)
Dear friends
Forex forum is the best forum
Good luck for your trading
Forex forum is the best forum in the world online earning in part time .
In this forum we use and make money. I like zigzag indicater
Rsi
Friends
Price rejection follow through, MACD divergence confluence with a target of the previous support...
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Furqan1212 (2020-01-25), MTB (2020-01-25), Shan55 (2020-01-25)
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