Subscribewe can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up trend
Thread: Cad/Chf
we can see that the pair has closed it's daily candle above 0.8000 . so , that's means that up trend is expected and the pair might head to 0.8050 and then 0.8080 ,but also the hourly correction is expected before continue in the up trend
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he CAD/CHF pair has been the victim of risk-aversion as a result of a poor growth outlook for the United States, but, the range bottom the CAD/CHF pair is flirting with now, should nonfarm payrolls out of the United States come in at-or-greater than expectations
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as we can see on the chart , the pair is trading under the level of 0.8000 , any way if the pair succeeded in breaking 0.8000 , it will continue in it's up movements heading to 0.8030 and then 0.8060
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It is more likely to go down to around 0.7944 or lower, and after that, it might have potentially to go up to around 0.8022 or higher
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If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7900 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7900 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
0307148 (2020-04-06), Abubakar 148 (2020-04-07), Bindas36 (2020-03-01), FA148P (2019-06-26), Joo (2020-03-22), Sadi (2020-02-19), Sahilkhan75 (2020-07-10), Tilla420 (2020-08-07)
the pair and as we can see from the chart has closed it's daily candle under the level of 0.8000 , so , that's mean the down trend is still standing and the pair is heading to 0.7940 then 0.7900
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Bindas36 (2020-03-01)
the pair and as we can from the chart has stated it's trading week above the level of 0.8000 and that's mean that the up trend is expected and the pair might head to 0.8100 and then 0.8150 how even if the pair make any howrly correction
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Bindas36 (2020-03-01)
Versus commodity currencies the Swissy is also rallying particularly against the Loonie. CAD/CHF is trading at the lowest level in decades.
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Bindas36 (2020-03-01)
The rise of inflationary concerns will put more pressure on the Bank of Canada to raise interest rates in an effort to stem price growth.
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Bindas36 (2020-03-01)
If a M15 close above 0.8150 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7970 sell only and do not buy. If price closes back above it again do nothing
The range 0.8150 and 0.7970 is neutral area, any trade done in between is personal decision and not part of this analysis
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)
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