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.
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.
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Bindas36 (2020-03-01)
As one of the top beneficiaries of risk aversion flows, the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
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Bindas36 (2020-03-01)
we can notice from the chart that the pair has closed under 0.7400 , that's mean the down trend is expected and the pair might head to 0.7350 then 0.7300 , however the pair made a hourly correcti
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Abubakar 148 (2020-09-07), Bindas36 (2020-03-01)
The trade entry point is set far enough out such that a rally before the nonfarm payrolls data will be unlikely to trigger a trade, and thus, while some pips may be left on the table, a strong enough reading will more than make up the pip premium paid for waiting on the ideal fundamental scenario to match the appealing technical picture.
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)
the average Uniformity and Clarity (both measured at the 5 bar level). This chart pattern continues the strong overriding downtrend which has affected this currency over the course of the last year (best seen on the daily and the weekly charts)
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Bindas36 (2020-03-01)
As one of the top beneficiaries of risk aversion flows, the Swiss franc risks further declines against the loonie after the pair broke above long-standing trendline support of a descending channel that has held since early May.
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.
we can see that the pair has closed it's daily candle above 0.7800 . so , that's means that up trend is expected and the pair might head to 0.7900 and then 0.7950 ,but also the hourly correction is expected before continue in the up trend
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the CAD/CHF pair sitting at the bottom of a descending channel the pair has carved out since December 30, a swing trading opportunity to the upside has emerged for traders to collect profits on a long play should U.S. nonfarm payrolls meet or beat expectations tomorrow, as renewed growth prospects for the United States would likely fuel inflows back in Loonie-based pairs for at least Friday’s trading session.
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.
the pair and as we can see from the chart is trading under level 0.7800 , so , that's mean the down trend is still standing and the pair might head to 0.7760 and then 0.7730 how ever the pair made any hourly correction
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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