SubscribeAfter touch daily pivot level (0.9555) price fell down until hold in daily support 1 level (0.9527). price still in under pressure that occure since yesterday. In this day, price predicted to down but limited until 0.9511.
Thread: Cad/Chf
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After touch daily pivot level (0.9555) price fell down until hold in daily support 1 level (0.9527). price still in under pressure that occure since yesterday. In this day, price predicted to down but limited until 0.9511.
Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
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Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
If I see the daily chart on CADCHF, I think seller still dominating on CADCHF market. I think CADCHF will fall today and may reaches the next support level at around 0.9506. But the bearish trend may fails if CADCHF can break the yesterday's high at 0.9581.
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Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
Cad/chf technical analysis for 12.10.2012 by using : Auto pivot indicator.
resistance 3:0.9632
resistance 2:0.9609
resistance 1:0.9582
pivot point :0.9559
support 1:0.9532
support 2:0.9509
support 3:0.9482
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Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
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If we look movement of this pair in tf m15, it's shown retraced down after can strength and touch in level daily pivot (0.9580).
For movement in this day, price will consistent down because any pressure from traders and situation.
It estimated will fell down until get lowest price in near weekly pivot point (0.9511).
Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
CADCHF has been rejected by the support level at 0.9554. But I think the rejection is not too strong. I think CADCHF will try to test that support level again today. Then, if CADCHF can break that support, CADCHF may continue falling to the next support level at 0.9506
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Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
Cad/chf technical analysis for 11.10.20102 by using : Auto pivot indicator.
resistance 3:0.9683
resistance 2:0.9656
resistance 1:0.9612
pivot point :0.9585
support 1:0.9541
support 2:0.9514
support 3:0.9470
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Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
Basically, CADCHF is in bullish trend movement now and this pair also has broken the resistance level at 0.9600. I think CADCHF still has a chance to go up and touch the next resistance level at 0.9638. But be careful, if CADCHF can fall and break 0.9638 level again, this pair may makes some correction movement to the support level at 0.9554.
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.
Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
Cad/chf technical analysis for 10.10.2012 by using : Auto pivot indicator.
resistance 3:0.9717
resistance 2:0.9670
resistance 1:0.9641
pivot point :0.9594
support 1:0.9565
support 2:0.9518
support 3:0.9489
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.
Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
Cad/chf technical analysis for 09.10.2012 by using : Auto pivot indicator.
resistance 3:0.9648
resistance 2:0.9608
resistance 1:0.9580
pivot point :0.9540
support 1:0.9512
support 2:0.9472
support 3:0.9444
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.
Bindas36 (2020-03-01), Hamzagoroo (2019-05-10)
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