The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects
Thread: Cad/Chf
The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects
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because of the moving under the level of 0.8800 as we can see from the chart , I think the down trend is still standing and the pair might head to 0.8735 and then 0.8700 how ever the pair made any hourly correction
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Muneer7171 (2019-05-10), NOOR151 (2019-05-10), omergul (2019-05-10), Shahzada (2019-05-10)
Cad/Chf
Today Market analysis and trend:sell
Indicators bhi market ke down hony ka bata rahe hain
Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye
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Moon22 (2019-05-10), Muneer7171 (2019-05-10), NOOR151 (2019-05-10), omergul (2019-05-10), Shahzada (2019-05-10)
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
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Moon22 (2019-05-10), Muneer7171 (2019-05-10), omergul (2019-05-10)
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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joney (2019-05-10), Moon22 (2019-05-10), Muneer7171 (2019-05-10), omergul (2019-05-10), Shahzada (2019-05-10)
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.
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omergul (2019-05-10)
A chemical substance is a form of matter having constant chemical composition and characteristic properties. A chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds
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Moon22 (2019-05-10), Muneer7171 (2019-05-10), omergul (2019-05-10)
Cadchf
resistance and support level
r3 0.7583
r2 0.7578
r1 0.7575
pp 0.7570
s1 0.7548
s2 0.7543
s3 0.7539
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CADCHF keeps moving down and extends its downtrend to 0.7210. At time of writing, the cross rate is stabilizing around 0.7220. On the hourly chart, technical indicators suggest bias remains bearish but MACD is still above its signal line. Therefore, AUDCHF is likely to recover back to 0.7250 area over short term.
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Shahzada (2019-05-10)
0.8495 is strong support if price break it we will see further landing on this pair but if price fial to break it price will rsie to resistance of 0.8995
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.*
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.
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.
Moon22 (2019-05-10), Muneer7171 (2019-05-10)
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