The purpose to EUR/GBP and CAD/CHF for trading purpose is to forecast its price to other currency pairs but not necessarily to trade because neither pair moves significantly enough to bother trading.
Thread: Cad/Chf
The purpose to EUR/GBP and CAD/CHF for trading purpose is to forecast its price to other currency pairs but not necessarily to trade because neither pair moves significantly enough to bother trading.
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.
Adnanmehdi (2019-12-27), BlindX (2019-12-26), Moon22 (2019-12-26), UET (2019-12-27)
CAD/CHF 4H Chart: Sets for breakout
The Canadian Dollar has depreciated about 1.80% in value against the Swiss Franc since last week's trading sessions. The currency pair tested the weekly S1 at 0.7434 on Thursday.
The CAD/CHF exchange rate is currently trading near the upper boundary of a descending channel pattern at 0.7480 and could be set for a breakout.
If the breakout occurs, a surge towards a psychological resistance level at 0.7550 could be expected during next week's trading sessions.
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Adnanmehdi (2019-12-27), UET (2019-12-27)
EURNZD going down after breaking the uptrend maybe it will make a re-test @ 1.6800 and continue short till 1.6350,
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Adnanmehdi (2019-12-27), Moon22 (2019-12-26), Shahnawaz148 (2019-12-26), UET (2019-12-27)
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
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Adnanmehdi (2019-12-27), Moon22 (2019-12-26), Muhammadfaizan (2019-12-26), UET (2019-12-27)
HELLO ALL
CAD/CHF
Current Price= 0.7465
Resistance =0.7504
Resistance =0.7519
Resistance =0.7557
Supporting =0.7435
Supporting =0.7403
Supporting =0.7431
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Adnanmehdi (2019-12-27), Moon22 (2019-12-26), SDK (2019-12-26), UET (2019-12-27)
CAD/CHF
Current Price= 0.7465
Resistance =0.7504
Resistance =0.7519
Resistance =0.7557
Supporting =0.7435
Supporting =0.7403
Supporting =0.7431
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cad chf pair seems to have a strong support .8600
I think it can be bought from thsi value till 0.8650
If it crosses 0.8650...it can furthur touch 0.8700
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Cadchf
canadian dollar/swiss franc
0.74728
chf
+0.00293 (+0.39%)
market open (dec 26 10:10 utc-5)
0.74435
prev
0.74435
open
5.591k
volume
0.74435 — 0.74728
day's range
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I anticipate this pair CAD CHF have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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Cad/Chf
Resistance level
1.Resistance level 0.7731
2.Resistance level 0.7619
3.Resistance level 0.7543
Supporting level
1.Supporting level 0.7494
2.Supporting level 0.7422
3.Supporting level 0.7387
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.
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