Thread: Cad/Chf
Presently cost is demonstrating a twofold top around the obstruction territory at 0.8413, this is a solid sell signal.
The stop misfortune ought to be over the two highs made for this present week and the benefit focus around 0.8256 - the opposition from a week ago should transform into help.
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Moon22 (2020-02-06)
Cadchf
canadian dollar/swiss franc
0.73361
chf
+0.00071 (+0.10%)
market open (feb 06 08:38 utc-5)
0.73290
prev
0.73290
open
53.993k
volume
0.73255 — 0.73439
day's range
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CAD/CHF
0.7332+0.0006(+0.0928%)
13:07:34(GMT)|Real-Time Data, Quoted in CHF
Open
0.7325
Day's Range
0.7310 - 0.7343
Class
Currencies
Bid/Ask
0.7332/0.7332
Symbol
CADCHF
Subclass / Sector
Minor
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In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.
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Today market trand is sell....
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren. Ta k ap zyda earning hasal kr saken or agar
ap market ko achi terha samjay bagher trade kren
ge to nuqsan uthana paray ga. Best of luck....
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.
Asadjaved (2020-02-06), Moon22 (2020-02-06), Muhammad Kashif (2020-02-07)
Forex forum is the most popular in the world to see the most important things about your life and your future needs. In this forum we have been working with a team of experts who will help us to understand how we are working together and how we are able to earn good profit. We also follow the seniors traders and make trading decisions that are very important to earn good profit.
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.
Asadjaved (2020-02-06), Moon22 (2020-02-06), Muhammad Kashif (2020-02-07), Shahzadahmed148 (2020-02-06)
Now we have two daily bar highs at this level and it hasn't broken yet.
Buy above 0.8870 if a 4h bar closes above it.
Sell below 0.8795, Friday's low. This will represent a rejection off this level and might lead price to correct towards 0.8413.
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.
Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
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.
Moon22 (2020-02-06)
CAD/CHF
Market trend Bullish
Resistance 0.7744
Resistance 0.7626
Resistance 0.7558
Supporting 0.7489
Supporting 0.7433
Supporting 0.7388
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Cad/Chf
Resistance Level
Resistance Level (R3): 0.739
Resistance Level (R2): 0.736
Resistance Level (R1): 0.735
Pivot Point: 0.731
Supporting Level
Support Level (S1): 0.730
Support Level (S2): 0.727
Support Level (S3): 0.725
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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