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Thread: Cad/Chf

  1. #816
    Senior Member doby will become famous soon enough doby's Avatar
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    CAD/CHF

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    this pair is overbought with stoch and cci indicator in the h1 time frame. at the time in chart we can see now price is acting at the resistance at 0.9200. if it is close above the resistance at 0.9225 we can long this pair with the target at 0.9280 stop loss is 0.9154

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    date- 15-2-2013
    technical pivot point are-

    resistance 3 - 0.9318
    resistance 2- 0.9273
    resistance 1- 0.9236

    pivot point- 0.9191

    support 1- 0.9154
    support 2- 0.9109
    support 3- 0.9072

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    buy cad/chf at the level 0.9215 with targets at 0.9250 and 0.9280, but in case of breaking the level 0.9190, then sell below this level with targets at 0.9160 and 0.9115

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    this pair is moving in the over bought area in the stoch and cci indicator. macd indicator is also giving us long signal. but in the chart we can see that the price 0.9200 is a resistance. if the price is close above this resistance then we can long this pair with the target 0.9275

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    cad/chf technical analysis by using : adx

    adx : 33.0077
    +di : 26.4434
    -di : 5.3220
    timeframe : 1 hour
    date : 14.02.13

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    date- 14-2-2013
    technical pivot point are-

    resistance 3 - 0.9231
    resistance 2- 0.9201
    resistance 1- 0.9174

    pivot point- 0.9144

    support 1- 0.9117
    support 2- 0.9087
    support 3- 0.9060

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    CAD/CHF

    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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    hi

    how are you

    we can see in the 1w chart

    the pair can not close up the broken down trend line

    I see the pair will go to down way to 0.9146

    stochastic refer that the pair will go down

    so our target esll from 0.9156 and our target will 100pips

    Good luck

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    the price is moving at the resistance at 0.9150 and at the time stoch and cci indicator are also giving us short signal. we can short this pair with the target at the support 0.9095. stop loss is the resistance at 0.9178

    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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