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Thread: Cad/Chf

  1. #776
    Senior Member advance will become famous soon enough advance will become famous soon enough advance's Avatar
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    in h1 time frame we see formation of doji pattern at the support level 0.9027 this may be a signal for up movement because price is oversold as per cci and stoch indicator. we can long this with stop loss 0.9020 and target is 0.9103

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    Spoiler Spoiler:

    The position of the current price is below 50 EMA on the H4 chart, momentum is bearish
    The position of the MACD iscross the line under area 0, the momentum is bearish
    Trend today: Bearish
    Target today:0.9054

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    the cad/chf try sitting for the bottom the most descending channel the try has carved out since december
    a swing trading chance towards the upside has emerged for traders to gather profits connected to long play

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    CAD/CHF

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    Cad/chf analysis by using : moving average

    date :01.31.2013
    time frame : 15 min

    ema5 :0.9065 signal- sell
    ema10:0.9067 signal-buy
    ema20:0.9071 signal-sell

    time : 06:15 GMT

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    cci and stoch both are over sold and we can see up movement but we must wait to cross out from stoch and cci. in other we can see price is also having a support at 0.9045 and may be not break. long position take at the 0.9090 and target to resistance at 0.9175

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    short positions at 0.9170 with 0.9150 and 0.9130 as next targets

    the breakout of 0.9190 will call for arebound towards 0.9250

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    CAD/CHF

    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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    sell cad/chf at the level 0.9146 with targets at 0.9080 and 0.9040, but in case of breaking the level 0.9188, then buy at this level with targets at 0.9253 and 0.9300

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    Spoiler Spoiler:

    On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
    50 RSI cross the line below area 50 ,indicates the trend is still down
    Recommendation: SELL
    Take profit:0.9092
    Stop Loss :0.9209

    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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