Today 06/12/2013
Resistance and Support
R3: 0.8499
R2: 0.8466
R1: 0.8435
Pivots: 0.8405
S1: 0.8370
S2: 0.8334
S3: 0.8301
Today 06/12/2013
Resistance and Support
R3: 0.8499
R2: 0.8466
R1: 0.8435
Pivots: 0.8405
S1: 0.8370
S2: 0.8334
S3: 0.8301
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I use technical analysis of currency pairs CADCHF in the market at 13:52 which is the current market position is at 0.8415 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = OVERBOUGHT, MACD = UP TREND, Parabolic SAR = OVERSOLD, Stochastic = DOWN TREND,
but it is by looking at the position on the market today gained 0.8436 points pivots, yesterday high at 0.8489 and yesterday low at 0.8402 so support and resistance
R3 : 0.8557
R2 : 0.8523
R1 : 0.847
Pivots : 0.8436
S1 : 0.8383
S2 : 0.8349
S3 : 0.8296
of some of the analysis contained in the signal TREND UP at currency pairs CADCHF, so the best step to open position BUY by set take profit at 0.8445 and stop loss at 0.8385. good luck
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I use scalping strategies on this currency pairs Cad/Chf so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.8377 then also there are some indicators that I use as the Bollinger Bands is OVERBOUGHT, ADX is DOWN TREND, Stochastic is UP TREND.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order SELL at current market at 13:50 and use a stop loss and take profit of 70 pips
is the take profit at 0.8347 and stop loss at 0.8407
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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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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.
The trading rang for today is among the major support @ 0.8560 and the key of resistance @ 0.8705 .
The general over short term basis is to the upside targeting 0.8705 as far as area of 0.88 . that's why i donot trade today
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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.
price now: 0.8402
sell price @ 0.8674
profit in pips :272
stop loss :0.8625
Resistance 1: 0.8473
Resistance 2: 0.8483
support 1: 0.8389
support 2: 0.8379
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.
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.
analysis for today 12 / 6 / 2013
My daily trading,I hope the day is a success ...
CAD/CHF (Daily Trade)
Resistance : R1 0.8479 R2 0.8504 R3 0.8524 R4 0.8554
Support : S1 0.8343 S2 0.8318 S3 0.8298 S4 0.8268
Open : 0.8413
High : 0.8418
Low : 0.8404
Range : 0.0014 Pips
Running Price : 0.8411
For intraday trade today suggest SELL at the level 0.8411 stop loss at the level 0.8479 target take profit at the level 0.8298 or at the level 0.8268
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.
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