Cad/Chf

[5150]

CAD/CHF
This is the forex quote for the Canadian Dollar against the Swiss Franc. In this quote, the value of one CAD (the 'base currency') is quoted in terms of CHF (the 'counter currency'). The Canadian Dollar is often considered to be a 'commodity currency' because Canada exports a large amount of natural resources, notably oil. In practical terms, this makes it sensitive to the ebb and flow of trends in investors' overall outlook on global economic growth. Meanwhile, Switzerland's has a long-standing history as a safe haven and harbor for foreigners looking to house their wealth in a private banking system. As a pairing embodying the relationship between a growth-linked, higher yielding currency and a safety-geared, low yielding one, CAD/CHF is a notable carry trade vehicle.

[Muneer7171]

the Canadian economy and the U.S. economy (mainly due to Canada’s place as the number one exporter of oil to the United States). Coincidentally, despite commentary from Governor Mark Carney that stimulus from the Canadian economy could “withdrawn eventually” following the Bank of Canada rate decision

[FastScalper]

CADCHF analysis Today

Major support and resistance Points:

Support 0.7498
Support 0.7475
Support 0.7464

Resistance 0.7541
Resistance 0.7545
Resistance 0.7547

Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.

[forex07]

Cad chf is going down and we can have a sell trade on this pair

Support and resistance levels:-

S3 0.7492
S2 0.7487
S1 0.7478

R1 0.7505
R2 0.7511
R3 0.7518

[goldmaster]

CADCHF Analysis


Support 0.7485

Support 0.7467

Support 0.7445


Resistance 0.7501

Resistance 0.7564

Resistance 0.7575

[ba33]

CAD/CHF 4H Chart: Moving towards swing low of 0.7344
The Canadian Dollar has been depreciating against the Swiss Franc since the beginning of December. This movement has been bounded in a descending channel pattern.

The currency pair breached the lower boundary of a dominant ascending channel at 0.7372 during the morning hours of Thursday's trading session.

Given that a breakout had occurred, it is likely that the currency exchange rate will continue its decline within this session.

The short-term target for the CAD/CHF exchange rate will be near a swing low of 0.7344.

[Sadtrader]

urrency pair Cad/Chf

Trend: buy


Resistance level is:

Resistance is: 0.7504
Resistance is: 0.7578
Resistance is: 0.7558

Supporting level s :

Support is: 0.7514
Support is: 0.7447
Support is: 0.7458

[Zeeshani]

Today analysis for the pair of :Cad/Chf
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 0.7536
2# Resistance is: 0.7548
3# Resistance is: 0.7567
Supporting level of this pair is :
1# Supporting is: 0.7497
2# Supporting is: 0.7485
3# Supporting is: 0.7465

[ba33]

USD/CHF 4H Chart: Stranded between SMAs
The USD/CHF currency pair has been trading in a descending channel pattern during the past six-week. During this period, the pair re-tested the upper boundary of the descending channel pattern.

The exchange rate was stranded between SMAs during the morning hours of Thursday's trading session. The 100-hour simple moving average at 0.9947 was providing resistance, while the 50-hour SMA was providing support at 0.9928.

Technical indicators favour bullish signals. Therefore, a potential upside breakout is likely to occur during the following trading days.

However, the 200-hour SMA could hinder the currency exchange rate from surging.

[ba33]

Since breaking lower early March and finding support at 0.7640, prices have retraced in a corrective fashion. It’s far from a textbook example but is reminiscent of a bearish wedge. A grave stone doji and spinning top showed a hesitancy to break above the 61.8% retracement level, and yesterday’s bearish inside day shows compression is underway.

A clear break beneath 0.7523 could see bears target the 0.7460 low, although keep in mind we can see a 38.2% Fibonacci retracement level just above here. If bears retain control, the view becomes less obscured beneath 0.7441 for a potential run for the 2018 low. However, if we’re to see a clear break above 0.7560, the bearish bias goes onto the backburner for now.