Cad/Chf

[achyut]

Daily forecast: CADCHF 21 Oct. 2014.

Technical analysis for Daily forecast of CADCHF 21 October, 2014. In Daily chart CADCHF shows bullish trend. At present CADCHF breaks 1st resistance level and going towards the 2nd resistance level. If 2nd resistance level breaks then next strong resistance level is 0.84738.

Pivot: 0.83656

Resistance levels

R1 0.83886
R2 0.84278
R3 0.84508
R4 0.84738

Support levels

S1 0.83264
S2 0.83034
S3 0.82642
S4 0.82250

[ANDRIAS]

http://prntscr.com/4y8e1t
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle CADCHFon the date 10 / 20 / 2014
OPEN 0.8385
HIGH 0.8405
LOW 0.8343
CLOSED 0.8349

The third resistance (R3) 0.8405 -( 0.8366 - 0.8343 = 0.0023 x 2 = 0.0045 )= 0.8450
The second Resistance (R2) 0.8366 + 0.8405 - 0.8343 = 0.8428
First resistance (R1) 0.8366 x 2 = 1.6731 - 0.8343 = 0.8388
pivot points 0.8405 + 0.8343 + 0.8349 = 2.5097 / 3 = 0.8366
Support for the first (S1) 0.8366 x 2 = 1.6731 - 0.8405 = 0.8326
Support second (S2) 0.8366 -( 0.8405 - 0.8343 = 0.0062 ) = 0.8304
Third Support (S3) 0.8343 -( 0.8405 - 0.8366 = 0.0039 x 2 = 0.0079 )= 0.8264

[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 buy signal is indicated from the Nonlog dot indicator and that is by giving us a blue colored dot.
I prefer to wait for the Nonlog indicator till it shows a confirmation 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 0.8365 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 .
.

[ali90]

After taking a quick look on the chart of CADCHF first thing you have a good buy signal on the Henkin Ashi and down arrow on the chart In the same time a sell signal occurs on the trend session indicator by showing a red bar at the last candle In additional to a sell cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a sell possitions at any good place If you decided to sell you should keep an eye on the level 0.8302 as the price bounced from it the last time then you can consider it asa your first support to close your order once hitting it

[troykilson]

Based on the hourly chart of the blade oscillator the CADCHF is having a strong bearish trend by locating at 0.0008 below the level of balance and the indicator is red colored that means there is a strong bearish move will happen in a short time . By using moving average 5 we will notice a UP slope so 0.835 could be considered a good stop loss for if there were sell positions as it is considered the last top by using the indicators signals.

[aliali1]

As we can see a red arrow is taking place on the CADCHF chart which indicates that a bearish trend is taking place at the moment.
A top located at 0.8405 is supporting the trend for it is a very strong resistance and if the bearish trend is still strong then the price shouldn't be able to go above it.
The dots from the parabolic sar indicators are shown above the candles which gives a sign of where the price will be heading which is down in this case.
The support 0.8335 would be a great place to act as closing positions if we are to be making selling trades since the price might be heading north after hitting it .

[hatrik]

On the CADCHF chart the momentum indicator shows clearly a cross as the blue line goes below the red line to make a good sell signal for the current time The Oracle Strength indicator shows a red color and that indicates a downward direction on the CADCHF chart To be more accurate you can see the blue colored arrows which mean that there is a upward signal for now on the Oracle direction indicator From all the data from the indicators above and as long as the momentum indicator shows a sell cross the downward trend is shown on the chart and my advice is to go for the sell trades as long as the ATR indicator shows a sell signals.
.

[halloiasan]

By analyzing the CADCHF we can but a bullish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears below the level of 0 and it is considered a good buy signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all

[Gamabunta]

In the case of breaking the support level at 0.8365 than we can get in short position with take profit at 0.8314.

[achyut]

Daily forecast: CADCHF 20 Oct. 2014.

Technical analysis for Daily forecast of CADCHF 20 October, 2014. In Daily chart CADCHF is flat. At present CADCHF little bit below from the pivot point. It is important to break support or resistance levels to identify the trend. Previous record shows CADCHF buy from the 2nd support level.

Pivot: 0.84118

Resistance levels

R1 0.83988
R2 0.84118
R3 0.83988
R4 0.83857

Support levels

S1 0.83988
S2 0.84118
S3 0.83988
S4 0.83857