The down can here and better sell if this CADCHF move again to more bellow line fibo 0.8722. as we see the last daily candle look support for down.
Thread: Cad/Chf
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Cad/chf analysis for 11.05.2013 by using pivot indicator.
r3: 0.8810
r2: 0.8792
r1: 0.8757
pivot: 0.8739
s1: 0.8704
s2: 0.8686
s3: 0.8651
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analysis for today 11 / 5 / 2013
My daily trading,I hope the day is a success ...
CAD/CHF (Daily Trade)
Resistance : R1 0.8796 R2 0.8821 R3 0.8841 R4 0.8871
Support : S1 0.8655 S2 0.8630 S3 0.8610 S4 0.8580
Open : 0.8723
High : 0.8730
Low : 0.8721
Range : 9 Pips
Running Price : 0.8722
For intraday trade today suggest BUY at the level 0.8722 stop loss at the level 0.8655 target take profit at the level 0.8841 or at the level 0.8871
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the pair price already touched daily resistance 1 level 0.8750
and upper trend line.
Now the price try to move down ward.
I think the price may touch daily pivot point 0.8680
so sell now from 0.8721
the pivot point will be my target
stop loss will be above the resistance 1 level 0.8750
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.
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 11 / 4 / 2013
CAD/CHF (Daily Trade)
Resistance 3 0.8876
Resistance 2 0.8846
Resistance 1 0.8826
Pivot Point 0.8749
Support 1 0.8690
Support 2 0.8670
Support 3 0.8640
SELL 0.8690 STOP LOSS 0.8826 TAKE PROFIT 0.8670 OR 0.8640
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Standart Pivot Point - Support - Resistance
Update: 4 Nov 2013 13:10
Time Frame : Daily
PAIR : CADCHF
LOW : 0.8685
HIGH : 0.8757
CLOSE : 0.8749
S3 : 0.8632
S2 : 0.8658
S1 : 0.8704
Pivot : 0.873
R1 : 0.8776
R2 : 0.8802
R3 : 0.8848
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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