Pivotal Points: 0.7505
Resistance 3: 0.7555
Resistance 2: 0.7541
Resistance 1: 0.7520
Support 1: 0.7485
Support 2: 0.7470
Support 3: 0.7450
bearish trend seems to be taking place on the CADCHF pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 0.7489 and strong resistent at level 0.7511 in hourly time frame. there is possible chance price will move to up side. then next low price is 0.7438
I suggest to entry SELL with stoploss at 0.7439 and take profit at 0.7524
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck and doing trade like a boss.
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The CAD / CHF currency pair on the thirty-minute timeframe approaches the lower savings line in the range of 0.7516 - 0.7560, there is an option for sale from the level of 0.7516 with a stop at your discretion and goals in the region of 0.7450 and below. An alternative is either to buy at the current price of 0.7507, or wait for the price to roll back to the area 0.7450 - 0.7472, from where you can buy with a stop below the level of 0.7450 and targets for a breakdown of savings 0.7516 - 0.7560. The next shopping target is savings in the range of 0.7560 - 0.7590.
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according to CADCHF technical analysis , I predict this pair have BULLISH TREND. the price is break the Resistance trend line and it is Flying Up side with having the Long signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 0.7522
Resistance2 # ----- # 0.7544
Resistance3 # ----- # 0.7517
Support 1 # ----- # 0.7477
Support 2 # ----- # 0.7458
Support 3 # ----- # 0.7515
I suggest to take LONG position at --- 0.7500
target take profit at --- 0.7548
target stop loss at --- 0.7460
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..
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medousacar
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my analysis of the trading pair : Cad/Chf
Parabolic is:buy
Moving average is:buy
So Resistance and Supporting Level is,,,,
Resistance Level is:
1,Resistance is:0.7529
2,Resistance is:0.7548
3,Resistance is:0.7555
Supporting Level is:
1,Supporting is:0.7510
2,Supporting is:0.7493
3,Supporting is:0.7476
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Technical analysis of Cad/Chf is buy
current price is : 0.7509
Strong Resistance and Supporting levels ,,
Strong Resistance level first,
Resistance 1>0.7523
Resistance 2>0.7538
Resistance 3>0.7556
Strong Supporting level now,
Supporting 1>0.7495
Supporting 2>0.7476
Supporting 3>0.7451
if you like my analysis give me thanks
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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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zainm6050 (2019-05-16)
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 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
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.
Rahim217 (2019-05-16)
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