Cad/Chf

[maggie]

A bearish trend seems to be taking place today on the CADCHF pair and that�s according to the red color shown by the Super trend indicator determining by that the main market direction.
A sell signal is indicated from the Nonlog dot indicator and that is by giving us a red colored dot.
if the signals keep showing the same signals then i do think that the sell trades would be taking place more frequently since the signals are currently showing us a strong bearish trend.
For the exit plan I think waiting for the price to hit the resistance 0.847 would be the best choice or we can always wait for the super trend to change its color to green either way that can only mean that the bearish trend is over and we should be ready for the price to be heading for the opposite direction .
21 .

[ralf]

Today on the CADCHF chart we can see that the price is moving below EMA indicator�s taking a bearish direction We can also see that the RSI indicator is giving us a sell signal according to the position of the line which is currently below the center line of 35 We can also use the data from the MACD indicator to determine like in the case that the bears are the ones controlling the market in the current period and that�s because of the green lines heading down in my opinion I do think that the going with the bears for the current day would be wise but that would be until the price gets over the EMA indicator wave creating by that a new buy signal .
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[wench]

As you can all realize there is a downward trend taking place on the CADCHF pair indicated by the red dots appearing on the bars the price may keep going south so long it stays lower than the level 0.852 which is considered a strong resistance and also a weekly pivot point that of course until it hits the support at level 0.8284 which is also a weekly pivot point.
But there is another possibility that might yet take place and that is if the price broke the resistance 0.852 and got itself a bullish signal via the blue dots in this case I do think that the price will be heading north till it hits the resistance 0.8653 which is the pivot level of the current week.
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[Gamabunta]

The support level at 0.8469 will make the price rise to the resistance level at 0.8569. That's why I think that we can get in long position when the market open.

[Gamabunta]

there is a support level at 0.8469 that's why we muse wait and see if the price will break this level or not.
I think that we should put a buy stop order at 0.8476 and a sell stop order at 0.8460.

[achyut]

Daily forecast: CADCHF 24 Oct. 2014.

Technical analysis for Daily forecast of CADCHF 24 October, 2014. In Daily chart CADCHF shows bullish trend. At present CADCHF above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 0.85644.

Pivot: 0.84823

Resistance levels

R1 0.85049
R2 0.85191
R3 0.85417
R4 0.85644

Support levels

S1 0.84681
S2 0.84455
S3 0.84313
S4 0.84172

[alii.hassan]

When we take a look on the chart of the CADCHF chart we can find that there is a down red arrow above the price and that indicates that a bearish trend is going to happen also the sell cross between the snake and T3_Clean assure that for us We can use the 0.845 support as a take profit to cut down the losses if the price goes for the reverse direction or if the price reaches it and still going support in this case the price will keep selling and if the price started to go to the other direction i think that the resistance of 0.8515 can be considered as a good stop loss For now selling is the best choice as long as there are not any opposite buy signal or appearing of a blue up arrow .

[maggie]

A bullish trend seems to be taking place today on the CADCHF pair and that�s according to the green color shown by the Super trend indicator determining by that the main market direction.
A sell signal is indicated from the Nonlog dot indicator and that is by giving us a red colored dot.
I prefer to wait for the Nonlog indicator till it shows a confirmation then i do think that the buy trades would be taking place more frequently since the signals are currently showing us a strong bullish trend.
For the exit plan I think waiting for the price to hit the support 0.8473 would be the best choice or we can always wait for the super trend to change its color to red either way that can only mean that the bullish trend is over and we should be ready for the price to be heading for the opposite direction .
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[mary]

The up trend taking place at the moment on the CADCHF is taking place according to where the EMAs 5 and 6 which is Above the EMA 35 as a result to that taking buy orders would be the best if a bullish direction confirmation came from the other indicators.
According to the parabolic sar indicator�s dots located below the candles we assume that the price would be taking a upward direction as for the MACD which is currently moving above the 0 level it does give us a buy signal.
Also the CCI line is currently in the Higher level giving us by that a upward signal.
So to sum all that up I do believe that unless any bearish signal do appear buying would be the best option available at the moment.
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[Ramzy.hassan]

The ZigZag indicator is drawing a top on the CADCHF chart which means that there is a very good chance for the price to move downward in the next few hours Additionally the price for now is near the up edge of the Donchin band indicator which is means that it is having a hard time if it will move upward A downward direction is most likely to take place when the price crosses the level 0.8475 support which is represented by the blue dots and it is preferred to wait the 2 SMA indicators to give a sell cross and then it will be the best time to enter a sell trades If the price goes for the opposite direction upward direction the stoploss at resistance 0.8495 would be the best choice for now .