CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI. Further rebound would likely be seen to 55 days EMA (now at 0.8853
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI. Further rebound would likely be seen to 55 days EMA (now at 0.8853
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As you see in my following attached chart, the pair is moving within ascending channel regularly, now correction-bearish movements are expected targeting the lower line of the channel then strong bullish movements till the resistance level @ 0.9507
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"Today i am going to telling you that the technical analysis of ....Cad/Chf
According to my views markeet has :bullish trend
today resistance and supporting level is:
1,Resistance level is :0.7593
2,Resistance level is : 0.7602
3,Resistance level is :0.7616
Support is :
1,Supporting level is :0.7565
2,Supporting level is :0.7556
3,Supporting level is :0.7542
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
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Current trading Cad # Chf # 0.7592
Buy
Resistance level 1 # 0.7597
Resistance level 2 # 0.7600
Resistance level 2 # 0.7603
Support level 1 # 0.7585
Support level 2 # 0.7579
Support level 3 # 0.7573
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CAD/CHF market technical analysis
market trend is going bullish
market price = 0.7598
Resistance levels
the market could break the first resistance at =0.7611
the market could break the second resistance level at =0.7623
the market could break the third resistance level at =0.7634
Support levels
the market could break the first support levels at =0.7584
the market could break the second support level at =0.7572
the market could break the third support level at =0.7562
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cad/chf
according to market technical analysis the market have up trend
the market trend could remain in this position
expected resistance and support levels
market price ----------0.7601
1- Resistance level----------0.7615
2- Resistance level----------0.7628
3- Resistance level----------0.7639
1- Support level-------------0.7586
2- Support level-------------0.7573
3- Support level-------------0.7563
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this is my analysis for CADCHF pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 0.7618. and the pair will continue to go up to the next resistance level at 0.7643
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 0.7613. , stop loss at the level 0.7678. target take profit at the level 0.7658
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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In the H4 time frame the price is rejected from the resistance at 0.9378 and lower side support at the 0.9300 now stoch and cci indicator is giving us long signal. we can long this pair with the target resistance at 0.9400 and stop loss is 0.9280
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we can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up trend
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CAD/CHF market ke technical analysis
aaj market ka trend bullish hey aur yeh trend jare reh sakta hey agar
market price up gae to in resistance levels ko break kar sakte hey
aaj market ke price yeh hey =0.7588
Resistance level 1 =0.7601
Resistance level 2 =0.7612
Resistance level 3 =0.7622
agar market price down hoe to in support levels ko break kar sakte hey
Support level 1 =0.7574
Support level 2 =0.7561
Support level 3 =0.7552
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