CAD/CHF has broken its 8H 50 EMA support and entered into a bearish trend. We can expect it to fall 100 pips as long as the 8H 50 EMA holds strong as resistance. Trade safe.
Conclusion for today's CADCHF analysis: A sell off in the CAD CHF is anticipated that should last for weeks or months The Daily timeframe of the CADCHF is presented in this analysis with a falling wedge chart pattern highlighted. A falling wedge is ideally bullish, but in this case, price consolidating and selling off at the upper boundary of the wedge implies...
Dear traders, So as you can see we expect CADCHF to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also moving to strong supply zone that’s been filled right now. It will be much clear on the 4h chart, you can see we are creating now a nice “M formation”. We...
Hello good people. CADCHF had made new breakout. I am expecting the price will go down with a small pullback towards the box @ zone. As you can see, the price already inside the box, which I preparing to short. Good luck! Happy green pips everyone. Regards. AK
CADCHF already hit the first take profit level. Another breakout already occured which price going long is coming soon. I am thinking to entry next week! Goodluck! Regards! AK.
Hello people! CADCHF giving long signal where trendline breakout already happened. Price making pullback which hammer REVERSAL CANDLESTICK(Hammer) can be seen. I am expecting the price going up for awhile which we can make some pips. Goodluck! Regards. AK.
CADCHF is spotted moving in a downward channel, wait for confirmation to short this pair... its gonna be a big sell in a longer term...
CADCHF approached to resistance line.
We continue to follow the upward trend and recommend buying! We are above average moving 200, We are over Ichimoku cloud, the red line above the blue All of these figures point to a continuing trend of price increases Entry Price: 0.7490 (Waiting for a small price correction) Stop Loss: 0.7440 take Profit: 0.7595
BROKEN THE DESCENDING TREND LINE COMING BACK FOR A RETEST AT KEY SUPPORT LEVEL SO LOOKING TO BUY
The Canadian Dollar has been depreciating against the Swiss Franc in a channel down since the beginning of December. During this period of decline, the currency pair managed to reach March 2018 low at 0.7229. Daily technical indicators demonstrate that bears are likely to dominate the exchange rate today. The potential target for bearish traders will be at the...
CADCHF IS LOOKING GOOD AT THE MOMENT. I AM NOW EXPECTING THIS TO GO UP -> IT HIT OUR PREVIOUS TARGET OF 0.75664 AND THEN TO MOVE EVEN HIGHER. ITS MAKING THE NEEDED CORRECTION NOW. BE READY TO JUMP IN AGAIN. SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
another entry for you guys