Cad/Chf

[romannil]

Cad/Chf technical analysis for 01.10.2012 by using : Auto pivot indicator.

resistance 3:0.9615
resistance 2:0.9592
resistance 1:0.9571

pivot point :0.9548

support 1:0.9526
support 2:0.9503
support 3:0.9481

[Skoda]

price close above support of 0.8500 and I think we will see correction to level 0.870 but if price break the low of 0.8400 we will see further landing on this pair

[dollar]

we see the price is moving inside a rectangle on the 1hr time frame in range of about 50 pips so if the price closes above 0.9580 by 4hr candle we will buy it targeting 0.9635 and our stop loss will be a close by 4hr candle below the 0.9580 level and if the price closes below 0.9522 we will sell it targeting 0.9478 and the stop loss will be a close of 4hr candle above 0.9522

[alskndry]

If we look on the daily time frame, the previous candle is a bullish engulfing pattern. So, I think CADCHF has a potential to go up today. If CADCHF can break 0.9554 resistance level, I expect CADCHF can rise and reach the resistance level at 0.9600

[alskndry]

CADCHF has broken the support level at 0.9554, but after that, this pair trying to reach the 0.9554 level again. Then, if CADCHF can break that resistance, I think this pair will turn the direction and go up to the higher resistance level at 0.9600. But if fail, CADCHF will be rejected by 0.9554 level and fall to the support level at 0.9506

[dollar]

If CADCHF can break the yesterday's high, this pair may goes up to the resistance level at 0.9600 or even 0.9638.
But if CADCHF can break the yesterday's low, this pair may falls to the support level at 0.9506 or lower.

[alskndry]

There was no significant movement yesterday on CADCHF market. Then, we can see about that on the previous candle on daily chart. So, I think the breakout movement may happens today.
If CADCHF can break the yesterday's high, this pair may goes up to the resistance level at 0.9600 or even 0.9638.
But if CADCHF can break the yesterday's low, this pair may falls to the support level at 0.9506 or lower.

[gemmy]

From the shown H4 chart , we can notice that the price became near to the bullish trend shown , so i think we can wait a few pips down and we can start buying when the price touch this trend and put a small stop lose below it ,

[dollar]

This pair has a potential to reach the next resistance level at 0.9600. I think buy is a good choice for this pair. resistance has been breached 0.9565 top buy and objective when Resistance 0.958x .If closing below 0.9537 support to the bottom of the sale and the target at 0.9522 support

[hazem ahmed mohamed]

as we have a support level on the daily chart @38.2% so i suggest buying this pair now with a target point @23.6% as i predict that CADCHF will move upward on the short term.