Subscribeas my early expectation this pair reverse today.......this pair will continue the downtrend if it can hold the top.....but if the top break then the upward movement will resume back up
Thread: Cad/Chf
as my early expectation this pair reverse today.......this pair will continue the downtrend if it can hold the top.....but if the top break then the upward movement will resume back up
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Bindas36 (2020-03-01)
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 0.8040 then 0.8070
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Bindas36 (2020-03-01)
the pair as we can see on the chart has success in breaking the level of 0.8000 and reached the level of 0.7915 , that's mean the down trend is standing and the pair might head to 0.7900 then 0.7870
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Bindas36 (2020-03-01)
CAD/CHF's strong rebound this week suggests that a short term bottom is formed at 0.8408 on bullish convergence condition in daily MACD and RSI. Further rebound would likely be seen to 55 days EMA
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Bindas36 (2020-03-01)
another pullback with a strong bearish candle today after the 4h chart shown a divergence pattern during the us market......this might be a reversal time for this pair i think
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Bindas36 (2020-03-01)
The pair has just broken the lower support trendline of this Triangle with the Breakout whose strength is measured at the maximum 10 bar level. The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
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Bindas36 (2020-03-01)
The Loonie-Franc pair has declined sharply over the past few weeks, falling 6.86 percent since May 11, amid a global shift to risk-aversion and concerns on U.S. growth prospects, given the strong connections between the Canadian economy and the U.S. economy
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Bindas36 (2020-03-01)
The pair is expected to continue falling toward the Forecast Zone set between the price levels 0.8397 and 0.8485.
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Bindas36 (2020-03-01)
The pair is currently trading close to the strong support at the round price level 0.8500 (standing just above the upper boundary of the Forecast Zone calculated by Autochartist for this Breakdown – 0.8485) which should be broken for the downtrend to continue
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Bindas36 (2020-03-01)
the chart is showing that the pair has closed it's daily daily under the level of 0.8100 , and that's mean that the down trend is still standing and the pair might reach 0.8070 and then 0.8030
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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